adjuster

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Adjuster

A person appointed or employed to settle or arrange matters that are in dispute; one who determines the amount to be paid on a claim.

An insurance adjuster determines the extent of the insurance company's liability when a claim is submitted. A public adjuster is a self-employed person who is hired by litigants to determine or settle the amount of a claim or debt.

adjuster

n. an employee (usually a non-lawyer) of an insurance company or a adjustment firm employed by an insurance company to negotiate an early settlement of a claim for damages against a person, a business or public body (like a city). While a fair and responsible adjuster can serve a real purpose in getting information and evaluating the case for the insurance company, some adjusters try to make a settlement before the injured person has retained an attorney ("don't worry, we'll pay your bills. You don't need an attorney. He'll only confuse things."), get a statement from the injured without counsel, or delay the payout with the promise he/she will negotiate any reasonable demand, and then making an offer of payment that is absurdly low. Some insurance companies try to make the attorney deal with the adjuster which is cheaper than sending the case to defense attorneys. Adjusters also represent the company in approving settlements.

adjuster

noun arbitrater, interagent, interceder, interlocutor, intermediary, intermediate, intermedium, intervener, mediator, negotiant, reconciler
References in periodicals archive ?
Auto claims adjusters evaluate insurance claims and decide whether or not the insurer ought to pay a claim, and if so, how much.
It means that claims adjusters have fewer forms to master, so they ought to be able to settle claims quickly and fairly.
HOUSTON -- An explosion at a fuel facility that sent damaging earthquake-force shock waves across Puerto Rico last weekend demonstrates the need for more bilingual claims adjusters in the US, said Louis Constancio, President of Viva Adjusters Academy.
The auditor must know as much about the coverage, the law, contracts, and damage factors as the claims adjuster.
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.
She began her career with Liberty Mutual as a Multi-Line Claims Adjuster and later joined CNA Insurance Company as a Workers' Compensation Claims Team Leader.
Computer Shelf--An adjustable computer shelf installed on the back of the driver's seat allows the claims adjuster to bring the laptop to the right height while seated in the second row.
Her career with Broadspire began in 1982, when she joined as a claims adjuster.
Featured Courses: Real-Life Time Management for the Claims Adjuster
Also new to the Raleigh office, Andrew Minnis was promoted to claims adjuster from his position as senior case manager in the Durham office.
Some people spend long hours perfecting the skills needed to become an outstanding claims adjuster.
Deboisbriand, a senior claims adjuster who has worked in the field for nine years, has a mail carrier's knowledge of the streets in each of his towns.