Bill Sponsor
House Bill 4037
116th Congress(2019-2020)
CLAIM Act
Introduced
Introduced
Introduced in House on Jul 25, 2019
Overview
Text
Introduced
Jul 25, 2019
Latest Action
Aug 29, 2019
Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
4037
Congress
116
Policy Area
Finance and Financial Sector
Finance and Financial Sector
Primary focus of measure is U.S. banking and financial institutions regulation; consumer credit; bankruptcy and debt collection; financial services and investments; insurance; securities; real estate transactions; currency. Measures concerning financial crimes may fall under Crime and Law Enforcement. Measures concerning business and corporate finance may fall under Commerce policy area. Measures concerning international banking may fall under Foreign Trade and International Finance policy area.
Sponsorship by Party
Republican
Tennessee
Democrat
Illinois
Republican
Tennessee
House Votes (0)
Senate Votes (0)
No House votes have been held for this bill.
Summary

Claims Licensing Advancement for Interstate Matters Act or the CLAIM Act

This bill addresses state licensure of independent insurance claims adjusters.

Specifically, the bill authorizes an independent insurance claims adjuster to apply to the National Association of Registered Agents and Brokers for membership for the purpose of licensure in any state that requires a license for such adjusters and that does not have in effect, four years after this bill's enactment (1) uniform laws and regulations governing the licensure of individuals and entities within the state, and (2) reciprocity laws and regulations governing the licensure of nonresident individuals and entities.

Similarly, an independent crop insurance adjuster may meet the certification requirements of the Federal Crop Insurance Corporation for licensure.

The bill also waives license renewal requirements for certain service members.

Text (1)
July 25, 2019
Actions (3)
08/29/2019
Referred to the Subcommittee on General Farm Commodities and Risk Management.
07/25/2019
Referred to the Committee on Financial Services, and in addition to the Committee on Agriculture, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
07/25/2019
Introduced in House
Public Record
Record Updated
Nov 1, 2022 1:50:19 PM