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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

References in periodicals archive ?

With all of these challenges, however, many auto claims adjusters find fulfillment in their jobs, especially when they are able to set and achieve goals.

Daily responsibilities of an auto claims adjuster

Traveling adjusters are not the only ones under duress.

How the insurance industry prepares for hurricanes

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.

NYPIAA hails Cuomo signature of new law

He expects there will be about 50 public adjusters in Arkansas if the bill passes.

Committee considering Public Insurance adjuster bill

The group that represents public adjusters, however, says the fact that they wind up getting more money for policyholders is proof that policyholders should use public adjusters instead of relying on adjusters hired by insurers.

Claims audit could spark legislative battle: impacts on the bottom lines at Citizens Property Insurance Corp. and Cat Fund

HB 661 proposes a range of measures to ensure that policyholders are treated fairly by public adjusters.

Adjusting to change: pending Florida legislation will change how public adjusters conduct business

Where would they get the army of adjusters needed to take on losses of that number?

Taking time to adjust: executives confirm and deny a current shortage of claim adjusters, but all agree the industry is undergoing a major change in how it recruits, trains and retains its troops

By helping the adjuster set and maintain adequate claim reserves, you can minimize expenses and reduce the time you spend on each case, increasing your productivity.

Take the initiative with injury claim reserves: help your client's personal injury claims settle faster by giving the insurance adjuster enough information to set adequate claim reserves early

Either the in-house risk management team or an outside adjuster should assess the damages as accurately and thoroughly as possible and gather all supporting documentation required to prove the claim.

Work like an insurance company to save money: the subrogation process can help businesses improve their bottom line

Using the models, trainers show new adjusters how to anticipate, recognize and estimate monetary values for all kinds of damage.

SIMI FACILITY A TEXTBOOK HOUSE OF HORRORS; INSURANCE COMPANY OPENS ADJUSTERS TRAINING CENTER

Independent adjusters are often hired because they are located near your camp, or because they have a particular expertise.

Liability claims management

Wildfires are unique in that the total destruction makes it more difficult for the victims to try to submit property insurance claims by themselves," says Steve Severaid, SPPA, a principal with Adjusters International.