A public adjuster:
(1) is obligated to serve with objectivity and loyalty to the interest of the insured alone;
(2) may not solicit or attempt to solicit an insured during the progress of a loss-producing occurrence, as defined in the insured's insurance contract;
(3) may not permit an unlicensed employee or representative of the public adjuster to conduct business for which a license is required;
(4) may not acquire any interest in the salvage of property subject to the contract with the insured without written permission from the insured;
(5) shall abstain from referring or directing the insured to any person with whom the public adjuster has a financial interest unless disclosed to the insured pursuant to 33-17-302 (4).