Before an application for a license is granted, the applicant shall meet all of the following:
(a)
Be at least 18 years of age.
(b)
Be a bona fide resident of the State of California.
(c)
Must be of good character and shall not have committed acts or crimes constituting grounds for denial of licensure under Section 1668 or 1669.
(d)
Shall have had sufficient experience, or special education or training, or both, in the handling of loss claims under insurance contracts as determined by regulations adopted by the commissioner, and is competent to transact business and discharge the responsibilities of a public insurance adjuster in such a manner as to safeguard the interests of the public.
(e)
Must maintain an office in the State of California with public access during regular business hours.
(f)
Pass an exam given by the commissioner in regard to property loss adjusting.
(g)
Post a surety bond executed by a surety company authorized to do business in this state in the sum of twenty thousand dollars ($20,000).
(h)
Comply with any other qualifications as required by the commissioner.