MO HB2487

Requires public adjusters and solicitors to obtain a license before entering contracts, advocating for insureds, or advertising services related to fire and allied insurance claims in Missouri

Caps public adjuster compensation at 5% of claim payments for governor-declared emergencies (for one year after declaration), 10% for all other claims, or $75/hour not exceeding these limits

Mandates written contracts include specific disclosures in 12-point bold type, a 3-business-day cancellation window, and prohibits accepting fees before claim settlement

Prohibits soliciting insureds during active loss-producing events and bars public adjusters from contracting for repair work or obtaining power of attorney to choose repair contractors on claims they adjust

Establishes 17 grounds for license suspension or revocation including felony convictions, fraud, unauthorized practice of law, and failure to pay child support or income taxes