MS HB1231

Doubles the privilege license tax for insurance loss adjusters from $200 to $400 for incorporated companies/firms and from $50 to $100 for individuals

Creates a new definition for "workers' compensation adjuster" as someone whose work is limited to adjusting, investigating, or supervising workers' compensation claims

Changes continuing education requirements for adjusters and public adjusters: 12 hours for licenses in effect 18 months or less, 24 hours (including 3 hours of ethics) for licenses in effect more than 18 months

Converts adjuster and public adjuster licenses from annual to biennial (two-year) renewal periods, with individual licenses expiring on the licensee's birthday month and business entity licenses expiring May 31

Effective date of July 1, 2016