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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

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