Independent adjusters definition

Independent adjusters means the insurance adjusters who are hired on a contract basis by insurance companies to represent the insurance companies’ interests in the settlement of claims. They are paid by the insurance companies. They will not charge the insureds fees.
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Independent adjusters means adjusters employed by the Independent Adjusting Companies and trained in evaluating the claims of Settlement Class members set forth in Section 7.
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Examples of Independent adjusters in a sentence

  • Independent adjusters, who claim they can do better for you, would get any money before you do.

Related to Independent adjusters

  • Independent adjuster means an insurance adjuster required to be licensed under

  • Independent Accountant has the meaning set forth in Section 2.04(c)(iii).

  • Independent Auditor has the meaning specified in Section 6.01(a).

  • Independent Adviser means an independent financial institution of international repute or other independent financial adviser experienced in the international debt capital markets, in each case appointed by the Issuer at its own expense;

  • Independent Amount means zero with respect to Party A and Party B.

  • Adjuster means a properly licensed and appointed independent adjuster as defined by Section 626.855, Florida Statutes, and who meets the requirements of and is fully credentialed in accordance with the provisions of this Agreement.

  • Public adjuster means the insurance adjusters who do not work for any insurance company. They work for the insured to assist in the preparation, presentation and settlement of the claim. The insured hires them by signing a contract agreeing to pay them a fee or commission based on a percentage of the settlement, or other method of compensation.

  • Independent Evaluator A person empowered, pursuant to Section 23.5 (Failure to Reach Agreement) and Section 23.10 (Dispute) of this Agreement, to resolve disputes due to failure of the Parties to agree on a Performance Standards Revision Document.

  • Valuation Firm has the meaning given in Section 10.4(a).