New York Independent and Public Adjuster Bonds
New York Independent or Public Adjuster Bond Information
The State of New York requires an Adjuster's Bond for public and independent adjusters and all sublicensees to ensure faithful performance of their duties. Recovery of the penal sum of this bond by the people of New York in the event that principal is guilty of fraudulent or dishonest practices in connection with the transactions of his or its business as Public Adjuster during the license period for which this bond is issued. Additionally, if convicted under any of the Sections contained in Article 150 of the New York Penal Law for an offense or offenses committed during such license period such principal will have violated terms of the surety bond.