33-23-43.10. Denial, suspension, or revocation of license; notice and hearing.

The Commissioner may deny an application for a license or suspend or revoke a license issued to any public adjuster on the basis of:#

1. (1)

   A violation of this article or of any rule adopted by the Commissioner under this article;#

2. (2)

   A cause that constitutes grounds for denial of an original license;#

3. (3)

   Misrepresentation or fraud in obtaining a license;#

4. (4)

   The failure to pass a required license examination;#

5. (5)

   The misappropriation or conversion of money required to be held in a fiduciary capacity;#

6. (6)

   Material misrepresentation, with intent to deceive, of the terms of an insurance contract;#

7. (7)

   Engaging in a fraudulent transaction;#

8. (8)

   Demonstrating incompetence or untrustworthiness in the conduct of the license holder’s affairs under the license, as determined by the Commissioner;#

9. (9)

   Conviction of a felony by a final judgment in a court of competent jurisdiction; or#

10. (10)

    Material misrepresentation, with intent to deceive, of the person’s status as a public adjuster.#

If the department proposes to refuse to issue an original license under this article or to suspend, revoke, or refuse to renew a license under this article, the rejected applicant or affected licensee is entitled to a notice and hearing in accordance with Chapter 2 of this title.#