Wisconsin Insurance Commissioner Nathan Houdek fined a contractor his office said was acting as a public adjuster under Wisconsin law.
Houdek imposed civil forfeitures of $6,000, finding the contractor violated the standards of Wis. Stat. ch. 629 by engaging in prohibited conduct and fraudulent practices.
The contractor’s business model combined home repair services with “claim assistance” through assignments of benefits, which violated state law. Wis. Stat. § 629.10(3) prohibits a person acting as a public adjuster from having a financial interest in the subject of a claim beyond the compensation set out in the adjuster’s