Exemptions from Examination

(a)An individual who applies for an adjuster license in Guam who is licensed in another state for the same line(s) of authority and who plans to reside in Guam is exempt from taking the general section of Adjuster’s exam but is not exempt from taking the Guam specific exam pertaining to the Guam Adjuster’s Law. This exemption is applicable only if the person is currently licensed in another state or if that state license has expired and the application is received by Guam within ninety

(90)days of expiration. The applicant must provide certification from the other state that the applicant’s license is currently in good standing at the time of expiration or certification from the other state that its Producer Database records, maintained by the appropriate National Association of Insurance Commissioners (NAIC), its affiliates or subsidiaries, and indicate that the applicant or their company is licensed in good standing. The certification must be of a license with the same line of authority for which the individual has applied.

(b)A person licensed as an adjuster in another state based on an adjuster examination who establishes legal residency in Guam shall make application within ninety

(90)days to become a resident adjuster licensee pursuant to § 15905 of this Article.