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Section 324. An adjuster may be an independent adjuster or a public - Insurance Code (usually included in commercial codals)

Section 324. An adjuster may be an independent adjuster or a public of Insurance Code (usually included in commercial codals). Section 324. An adjuster may be an independent adjuster or a public adjuster. The term "independent adjuster" means any person, partnership, asso

  • Subjects 9 Bar syllabus groups
  • Codals 48 Primary legal sources

Insurance Code (usually included in commercial codals)

Section 324. An adjuster may be an independent adjuster or a public adjuster.

The term "independent adjuster" means any person, partnership, association or corporation which, for money, commission or any other thing of value, acts for or on behalf of an insurer in the adjusting of claims arising under insurance contracts or policies issued by such insurer.

The term "public adjuster" means any person, partnership, association or corporation which, for money, commission or any other thing of value, acts on behalf of an insured in negotiating for, or effecting, the settlement of a claim or claims of the said insured arising under insurance contracts or policies, or which advertises for or solicits employment as an adjuster of such claims.

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