An adjuster is a person who settles claims  The FAIR Plan employs an Adjuster on staff for this purpose  When our Adjuster is unable to handle a claim, we will assign the claim to an Independent Adjuster  Independent Adjusters work for Insurers  A Public Adjuster is an individual hired by Insureds to represent them in handling their claim with the Insurer  Public Adjusters are normally paid a percentage of the final settlement amount, agreed to by both parties in advance  Public Adjusters usually require the Insured to sign a binding legal contract before beginning work on the Insured's behalf  As with all contracts, the Insured retains the right to cancel the contract within 72 hours of its creation  The right to cancel the contract, and the proper steps to do so are controlled by Minnesota law  Minnesota law also requires Independent and Public Adjusters to be licensed  The Minnesota Department of Commerce regulates Independent and Public Adjusters
A person employed by insurance or a reinsurance company to assess or investigate the validity and amount of a claim under an insurance or reinsurance policy
An individual representing the insurance company and acting for the company in working on agreements as to the amount of a loss and the liability of the company in same
A person may act either on behalf of the insurance company or the insured in the settling a claim Independent adjusters represent the insurance company on a fee basis; public adjusters represent the insured on a fee basis
(Expert en sinistres ou Régleur) A person who investigates a loss and negotiates settlement with the claimant on the insurance companys behalf Some adjusters are independent and some are employed by the insurance company
An adjuster is a person who settles claims The FAIR Plan employs an Adjuster on staff for this purpose When our Adjuster is unable to handle a claim, we will assign the claim to an Independent Adjuster Independent Adjusters work for Insurers A Public Adjuster is an individual hired by Insureds to represent them in handling their claim with the Insurer Public Adjusters are normally paid a percentage of the final settlement amount, agreed to by both parties in advance Public Adjusters usually require the Insured to sign a binding legal contract before beginning work on the Insured's behalf As with all contracts, the Insured retains the right to cancel the contract within 72 hours of its creation The right to cancel the contract, and the proper steps to do so are controlled by Minnesota law Minnesota law also requires Independent and Public Adjusters to be licensed The Minnesota Department of Commerce regulates Independent and Public Adjusters
Individual qualified in performing estimates and appraisals This individual may be an insurance company representative or an individual who works for an independent appraisal company
A person who may act either on behalf of the insurance company or the insured in settling a claim Employee adjusters work for an insurer; independent adjusters represent the insurance company on a fee basis; and public adjusters represent the insured on a fee basis
Individual employed by a property/casualty insurance company to settle claims brought by insureds The adjuster evaluates each claim and then makes recommendations to the insurance company
 Individual qualified in performing estimates and appraisals This individual may be an insurance company representative or an individual who works for an independent appraisal company
A representative of the insurer who seeks to determine the extent of the firm's liability for loss when a claim is submitted Same as Claim Representative (G)
An individual who represents an insurer on investigations and dealings with respect to settlement of claims This may be a salaried employee of an insurer or one who operates as an independent adjuster