MN HF1405

Defines "automated claims adjudication system" as a preprogrammed computer system for collecting, processing, and resolving portable electronics insurance claims, effective January 1, 2012.

Restricts use of automated claims adjudication systems to licensed independent adjusters, licensed insurance producers, and supervised individuals working under specific conditions.

Exempts certain supervised individuals from adjuster licensure requirements when they collect claim information and conduct data entry, provided no more than 25 such persons work under one licensed independent adjuster or insurance producer.

Requires criminal history record checks, fingerprinting, and background verification for all executive officers and directors of business entities applying for independent adjuster licenses for portable electronics insurance claims.

Permits Canadian residents to obtain adjuster licenses if they pass the adjuster examination and meet other applicable requirements, with certain exemptions from residency provisions.