An Act amending the act of December 20, 1983 (P.L.260, No.72), referred to as the Public Adjuster Licensing Law, further providing for definitions, for license, for written disclosure of financial interest and for bond; providing for fees, for requirements and prohibitions and for separate pre-contract disclosure; and further providing for contract and for revocation, etc., of license.

SB 1074 updates Pennsylvania's 1983 Public Adjuster Licensing Law, directly affecting public adjusters who help insurance clients file claims. It requires adjusters to provide written disclosure of financial interests before contracts and mandates bonds to protect clients. The bill adds new fee structures, clarifies licensing requirements, and bans specific conflicts of interest. These changes aim to modernize oversight under the existing law without altering core licensing procedures. The bill is currently under review by the Appropriations committee.