WASHINGTON, July 27, 2015 /PRNewswire-USNewswire/ -- The American Association of Independent Claims Professionals (AAICP) advocacy organization strongly supports the efforts of Rep. Stephen Fincher who recently introduced H.R. 2998, the Claims Licensing Advancement for Interstate Matters (CLAIM) Act.
The CLAIM Act advances uniformity, reciprocity and consumer protections for claims adjusting across state lines. While recognizing and respecting state oversight of insurance matters, the CLAIM Act facilitates accelerated adjusting of claims by urging states to adopt uniform and reciprocal adjuster license laws within four years. The legislation protects consumers by creating a pathway for adjusters to obtain appropriate licenses so they can adjust claims expeditiously.
"Claims professionals are often the first to respond to emergency and crisis situations," said David A. North, president and CEO of Sedgwick, a leading third-party claims administrator and founding member of AAICP. "Those affected and harmed by such events would benefit greatly from uniformity and reciprocity in the state-based licensing regime. In particular, the CLAIM Act would facilitate an accelerated response and provide emergency resources to those affected by natural and other wide-scale disasters."
Scott Hudson, president and CEO of Gallagher Bassett Services, Inc., highly endorses the CLAIM Act. "With this legislation, independent claims adjusters would receive the same treatment as doctors, nurses, lawyers, paramedics and other educated, specialized professions that rely on a state-based licensing regime. We look forward to working with the Congress to ensure that claims adjusters can operate across state lines and bring speedy resolution to claims," Hudson said.
The AAICP urges Congress to consider and pass the CLAIM Act as soon as possible. "We thank Congressman Fincher for his leadership and look forward to working with all of the CLAIM Act's supporters as we proceed with this very important effort," North and Hudson said.
The American Association of Independent Claims Professionals is a national association representing the interests of independent claims professionals. AAICP members employ thousands of claim specialists and other professionals across the country and handles millions of workers' compensation, disability, property and liability claims annually.
SOURCE American Association of Independent Claims Professionals