Insurance Definition: ADJUSTER
By Compuquotes Team on March 27th, 2008
ADJUSTER:
Definition:
- An individual employed by a property/casualty insurer to evaluate losses and settle policyholder claims. These adjusters differ from public adjusters, who negotiate with insurers on behalf of policyholders, and receive a portion of a claims settlement. Independent adjusters are independent contractors who adjust claims for different insurance companies.
Information provided by Insurance Information Institute
