The purposes of this chapter are:
(1) to promote the professional competence of those engaged in claims adjusting;
(2) to encourage fair and rapid settlement of claims;
(3) to protect claimants under insurance policies from unfair claims adjustment practices;
(4) to prevent compensation arrangements for insurance adjusters that endanger the fairness of claim settlements; and
(5) to govern the qualifications and procedures for the licensing of insurance adjusters.