An insurance
adjuster is one who seeks to determine the extent of the insurer's liability for loss when an insurance claim is submitted.Under the insurance code, no person shall act as an
adjuster, acting in behalf of either the insured or insurance company, unless authorized by virtue of a license issued by the commissioner.
A public
adjuster is an insurance
adjuster that is hired by the customer.
"I can't think of a better profession than being an insurance
adjuster that encompasses everything that millennials are interested in," said John Henderson, president of Wickizer & Clutter, a regional independent adjustment firm in Missouri.
Rather than just model key words and phrases, the tool interprets the context of the human language in a claim
adjuster's unstructured notes to make more robust conclusions about the potential for claims fraud.
In addition to the normal work day, the auto claims
adjuster must also be alert to any fraud, since some car owners and vehicle repair shops have been known to defraud insurance companies with fraudulent claims.
Rockville, MD, December 17, 2015 --(PR.com)-- Harvey Goodman, SPPA, President and CEO of Goodman-Gable-Gould/Adjusters International (GGG/AI), the nation's leading public adjusting company, was named the National Association of Public Insurance
Adjusters (NAPIA) "Person of the Year." Harvey received this award on Friday, December 11th, 2015, at a NAPIA meeting in Scottsdale, Arizona.
The new law, sponsored by Senate Co-Leader Jeff Klein and Member of the Assembly David Weprin, goes a long way to help consumers understand some of the conflicts involved when a contractor also tries to serve as a public
adjuster on the same claim, Bob DAmore, president of the NYPAA stated, adding: "As a result of a series of complaints filed against a single City Island business that was operating as both contractor and public
adjuster referring business from one to the other without making disclosure to the consumer and creating a conflict of interest, this legislation was introduced and passed by both houses of the Legislature in one session.
All Oklahoma licensed public
adjusters have been directed to charge their customers fees no greater than 10 percent of total claim settlement.
Her carrier's
adjuster came out to the client's home four days after the Friday accident.
The public
adjuster "passes the same tests and has to have the same training and adhere to the same rules as the company
adjuster," Joiner said.
The insurance company
adjuster represents the insurance company--not you.
Those who did not use a public
adjuster typically received a settlement of $18,659 for 2004 hurricane-related claims versus $22,266 for those who did use one.