§431:9-229  Records of adjuster or
independent bill reviewer.  (a)  Every adjuster or independent bill
reviewer shall keep a record of all transactions consummated under the
licensee's license.  This record shall be in organized form according to class
of insurance and shall include:



(1)  If an adjuster, a record of each investigation or
adjustment undertaken or consummated, and a statement of any fee, commission,
or other compensation received or to be received by the adjuster on account of
the investigation or adjustment;



(2)  If an independent bill reviewer, a record of each
bill reviewed and a statement of any fee, commission, or other compensation
received or to be received by the independent bill reviewer on account of the
bill reviewed; and



(3)  Any additional information as shall be customary,
or as may reasonably be required by the commissioner.



(b)  All such records as to any particular
transaction shall be kept in the licensee's office, available and open to the
inspection of the commissioner during business hours during the five years, and
in the case of workers' compensation claims during the eight years, immediately
after the date of the completion of such transaction.



(c)  This section shall not apply to life or
accident and health or sickness insurance if the records required of such
insurance are customarily maintained in the offices of the insurer. [L 1987, c
347, pt of §2; am L 2000, c 288, §10; am L 2001, c 216, §14; am L 2003, c 212,
§53]