adjust

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Related to adjusters: claims adjuster

Adjust

To settle or arrange; to free from differences or discrepancies. To bring to a satisfactory state so that parties are agreed, as to adjust amount of loss by fire or controversy regarding property or estate. To bring to proper relations. To determine and apportion an amount due. The term is sometimes used in the sense of pay, when used in reference to a liquidated claim. Determination of an amount to be paid to insured by insurer to cover loss or damage sustained.

adjust

(Regulate), verb accommodare, accommodate, adapt, aptare, attemper, balance, calibrate, coordinate, essablish equilibrium, even, methodize, moderate, normalize, reset, restore equilibrium, stabilize, standardize, strike a balance, systematize, temper, tune
Associated concepts: adjust differences, adjusted, adjusted cost basis, adjusted gross income

adjust

(Resolve), verb accord, amend, arrange, bring to agreement, change, clarify, complete, conclude, correct, curb, emendate, fix, mitigate, rectify, remedy, set, settle, solve, treat
Associated concepts: adjust a claim
See also: accommodate, adapt, alter, amend, apply, arrange, attune, change, check, compromise, conform, coordinate, decide, defray, discharge, emend, fix, inure, liquidate, mediate, mitigate, modify, naturalize, orchestrate, organize, pay, perform, reconcile, rectify, redress, refund, remedy, repair, restrain, settle, stipulate, transform
References in periodicals archive ?
Bach says another issue involved the experience of the adjusters working the losses.
We have specialized in insurance consulting since 1985, federal grant management since 1996, and providing program management and technical staffing support to states since 2004," said John Marini, COO & VP at Adjusters International, Inc.
The new program provides for real-time registration when companies need to bring in out-of-state adjusters to meet the needs of their customers in Connecticut, said the department.
The Hanging Basket Adjusters will help promote longer and healthier plant life by enabling its users to be able to easily water them as needed.
The notification came following inquiries regarding use of public adjusters to negotiate fees, said the Oklahoma Insurance Department.
For collaboration, mature mobility-enabled technology such as video conferencing will allow adjusters to engage in real-time, location-specific handling, he added.
Her carrier's adjuster came out to the client's home four days after the Friday accident.
Arkansas is one of the few states that don't allow public adjusters, and the insurance industry in Arkansas wants to keep it that way.
They allow an insurance company's adjuster to measure the loss, as opposed to taking advantage of their right to make their own claim.
State auditors concluded that policyholders who hire public adjusters wound up waiting longer to resolve their claims, with figures ranging from 132 to 296 days longer than claims without public adjuster representation.
The bill makes other changes in the law affecting public adjusters: prohibiting them and public adjuster apprentices from paying fees for referrals of business to the public adjuster; requiring public adjuster apprentices to obtain the Accredited Claims Adjuster designation prior to applying for a license as a public adjuster apprentice; limiting the number of active public adjuster apprentices employed by a public adjusting firm to 12 and the number of apprentices supervised by a public adjuster to 3; and requiring OPPAGA to do a study on public adjusters and to report to the presiding officers, Governor, Chief Financial Officer, & Insurance Commissioner by February 1, 2010.
MANAMA: Axis International Loss Adjusters and Surveyors has strengthened its global presence by acquiring an interest in Global Adjusters.