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Georgia Public Adjuster Bond

What is a Georgia Public Adjuster Bond?

A Public Adjuster Bond in the penal sum of $5,000 is required by the state of Georgia Office of Commissioner of Insurance. The public adjuster surety bond obligates the licensed public adjuster to faithfully account for all funds or any settlement received on behalf of any insured whose claim he or she is handling. The adjuster is obligated to comply with the rules, regulations and laws in connection with all business activities as provided in Section 33-23-6 of the Georgia Insurance Code Annotated, and in 120-2-3-.18 of the Georgia Insurance Department Rules and Regulations. The bond runs continuously until cancelled by surety company with sixty days written notice to the Commissioner of Insurance.

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