The commissioner shall license as an insurance adjuster only an individual who has otherwise complied with this article and who has furnished evidence satisfactory to the commissioner that:
He is at least eighteen (18) years of age;
He is a bona fide resident of this state, or is a resident of a state or country which will permit residents of this state to act as insurance adjusters in such other state or country;
If he is a nonresident of the United States, he has complied with all federal laws pertaining to employment or the transaction of business in the United States;
He is a trustworthy person;
He has had experience or special education or training with reference to the handling of loss claims under insurance contracts of sufficient duration and extent to make him competent to fulfill the responsibilities of an insurance adjuster; and
He has successfully passed an examination as required by the commissioner in accordance with this article or has been exempted according to the provisions of this article.