Adjuster

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Related to adjusters: claims adjuster

Adjuster

A person who investigates a claim on an insurance policy. That is, an adjuster observes any damage, consults police reports and/or hospital records, and generally ensures that an event occurred the way it was said to have occurred. Adjusters may work for a policyholder (in which case they have an incentive to see a claim paid), an insurance company (in which case they have an incentive to see a claim denied), or some other interested party.
References in periodicals archive ?
There are a number of pressures on independent adjusters to under-report and it's not nefarious.
After registering, the emergency adjusters are authorized to work in Connecticut for 120 days, a term that can be extended by the insurance commissioner if warranted.
The inventor of the Hanging Basket Adjusters now seeks a third party licensee to manufacture, market, and distribute the product for him under a royalty agreement.
A public adjuster acts on behalf of the insured in negotiating or settling a property claim for compensation.
He said that if the bill did pass, public adjusters would need to be regulated.
A contractor can clean the smoke off of the surface of the sheetrock, but a public adjuster will point out to the insurance company that the smoke odor will never come out of the insulation of the sheetrock, and therefore the sheetrock needs to be replaced.
Still, the audit findings could provide ammunition for another legislative battle between public adjusters and the insurance industry.
Global Adjusters, which is headquartered in Bahrain, provides specialist adjusting services across the Middle East region.
Hurricane Katrina stretched the adjuster pool to its limits, and put a spotlight on the differences between adjusters employed by insurance companies versus independent adjusting firms.
When you finally get through to the adjuster who is handling the claim, you are exasperated by fruitless settlement negotiations because the adjuster will not budge from an unreasonably low offer.
In addition to the company's corporate accounting department or CPA firm, players assembled or waiting in the wings should include in-house counsel or the company's outside law firm, forensic consultants, insurance adjusters (even for self-insured losses which must be "adjusted" for accounting and tax purposes) and experienced recovery counsel who can lead the team's overall efforts.
Crushed fenders and twisted car frames, grease fires and faulty wiring are just routine at Farmers Insurance's new training center for claims adjusters, exposing students to almost anything they'll encounter in the field.