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HB437

Insurance; standards of conduct for public adjusters, unauthorized practice of public adjusting.

Status:
In Senate

Latest Action: Feb. 5, 2026
Senate: Referred to Committee on Commerce and Labor

Chief Patron:
Destiny LeVere Bolling (D)

Session:
2026 Regular Session

Summary

As Introduced. Insurance; standards of conduct for public adjusters; unauthorized practice of public adjusting.

Prohibits any person who does not hold a valid public adjuster license from soliciting, investigating, negotiating, adjusting, or providing advice to a policyholder, in relation to a first party claim arising under an insurance contract that insures the real or personal property of a policyholder, for the purpose of effecting the settlement of a claim on behalf of the policyholder. The bill prohibits any public adjuster from assisting in a claim where the policyholder has improperly assigned the duties, rights, or benefits under the relevant policy to any contractor or vendor. The bill adds requirements for advertisements by public adjusters, and excludes certain materials from being considered advertisements. The bill also includes specific standards of conduct for public adjusters regarding vulnerable adults, as defined in the bill, and contains technical amendments. (Less)
  • Bill History

  • 01/12/2026 - House: Prefiled and ordered printed; Offered 01-14-2026 26103589D
  • 01/12/2026 - House: Referred to Committee on Labor and Commerce
  • 01/19/2026 - House: Assigned HCL sub: Subcommittee #1
  • 01/23/2026 - House: Placed on Labor and Commerce Agenda
  • 01/27/2026 - House: Fiscal Impact Statement from State Corporation Commission (HB437)
  • 01/27/2026 - House: House subcommittee offered
  • 01/27/2026 - House: Subcommittee recommends reporting with amendment(s) (9-Y 0-N)
  • 01/28/2026 - House: Placed on Labor and Commerce Agenda
  • 01/29/2026 - House: Reported from Labor and Commerce with amendment(s) (22-Y 0-N)
  • 02/02/2026 - House: Read first time
  • 02/03/2026 - House: Read second time
  • 02/03/2026 - House: committee amendments agreed to
  • 02/03/2026 - House: Engrossed by House as amended
  • 02/04/2026 - House: Read third time and passed House (97-Y 1-N 0-A)
  • 02/04/2026 - House: Reconsideration of passage agreed to by House
  • 02/04/2026 - House: Passed House (98-Y 0-N 0-A)
  • 02/05/2026 - Senate: Constitutional reading dispensed (on 1st reading)
  • 02/05/2026 - Senate: Referred to Committee on Commerce and Labor

Full text and vote history:

Virginia Legislative Information System

RichmondSunlight.com


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