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 ?
If your vehicle sustained visible damage, note the damage and take photographs for claims adjusters.
As a part of Georgia Farm Bureau Insurance's catastrophe team, Ken Howard was one of the first out-of-state claims adjusters on the scene.
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.
A recent claims management overhaul designed to enhance communication between claims adjusters and Republic Services Inc.
Discovering and documenting damages can often take many months, and during this time, you must make sure that the claims adjuster realizes that your case is important and is receiving your office's considered attention.
In her assessment of the insurance companies in her area, Stacy Mitchell already knows that there are thousands of claims adjusters in Atlanta.
The claims adjuster representing your company is the only person you should speak to regarding a liability claim, until an attorney is appointed to represent you.
It suggests that the claims adjuster must always be on the lookout for dishonest behavior.
Claims adjusters logging into ContentsExpress can enter claims inventory data, calculate valuations, and adjust and evaluate the claim for settlement, all from a single screen.
He began his career as a claims adjuster with Mutual Service Insurance and also worked at Progressive Insurance Co.
And it's been growing ever since, something the onetime insurance claims adjuster attributes to his slow and steady approach to complete domination of the entertainment universe.