New Jersey Lawmaker Seeks to Cap Public Adjuster Fees in Wake of Sandy

A leading New Jersey lawmaker is planning to introduce a bill that would cap how much a public adjuster can charge a homeowner for insurance claim assistance for certain emergencies. The state’s Assembly Speaker Pro Tempore Jerry Green (D-Union/Middlesex/Somerset) announced his plan last week. He said he has been hearing complaints from homeowners affected by Superstorm Sandy who claimed they were overcharged by public adjusters. Green said he decided to pursue the bill after hearing “numerous complaints” during a meeting in Union County from homeowners affected by Sandy who were overcharged by public adjusters hired to appraise their insurance claims.