Lawmakers are looking into new rules for umpires. No, not that kind—property insurance appraisal umpires.
If you’re wondering what in the world a property insurance appraisal umpire could be. Don’t worry. You’re not the only one who’s confused. Lawmakers in the Senate Regulated Industries Committee spent more than an hour questioning the Rep. Frank Artiles (R-Miami) about measure he’s filing. Artiles says the bill is simple.
“My bill simply says for you to participate in this arena, you have to be licensed,” Artiles says.
Artiles says without requiring licenses, consumers are left unprotected.
“This bill regulates who could participate in the appraisal process. Today a felon could be an appraiser. Today a felon could be an umpire. So, when you have hundreds of thousands of dollars in insurance proceeds, that this entire industry is unlicensed. What I’m simply doing is this is a license,” Artiles says.
