WY Public Adjuster Practice Questions - Wyoming Public Adjuster Exam

A Wyoming public adjuster receives settlement funds on behalf of a policyholder. What is their obligation?

Account for all funds, maintain in a separate account, and promptly disburse to the policyholder Deposit in their personal account Hold indefinitely until the case is closed Deduct fees and keep any excess

Correct Answer:

Account for all funds, maintain in a separate account, and promptly disburse to the policyholder

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