The enforcement of the required 5-hour update course will begin for compliance cycles ending October 31, 2014 and every month thereafter. It is estimated that each month more than 250 adjusters per month (out of a total Florida-adjuster population of approximately 50,000) will fail to meet their requirements due to failure to secure the 5-hour update course -- at least during the first year of its enforcement. Will YOU be one?
Why would so many adjusters miss out on this requirement? First, there aren’t many providers who will be offering the 5-hour update for adjusters -- and fewer still for public adjusters. Second, we are deluged each day by calls from adjusters who appear to be unaware of the 5-hour update requirement.
With a penalty of $250 per adjuster, it is not unreasonable that more than $60,000 in penalties will be paid to the state -- simply because of not paying attention.
Make sure you’re NOT one of these adjusters. Check your MyProfile account frequently, make sure your contact information (including your email address) is up to date, and pay close attention to any DFS communications you may receive.
After all, “the bacon you save may be your own!”