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 have been licensed for less than twelve months prior to the license expiration date.

  • Independent adjusters also licensed as insurance producers need only complete a total of 24 classroom hours in approved courses.

  • Independent adjusters are self-employed or associated with or employed by an independent firm.

  • Independent adjusters may adjust claims on behalf of many insurers.

  • Independent adjusters, adjusting firms, and WYO Company claims examiners and representatives should attend these briefings.

  • Independent adjusters means the insurance adjusters who are hired on a contract basis by your insurance company to represent the company in the settlement of the claim.

  • This chapter governs the qualifications and 8 procedures for the licensing of: (1) Public adjusters; and (2) Company adjusters; and (3) 9 Independent adjusters.

  • Independent adjusters and independent brokers were less likely to use this tool than other company types.

  • Independent adjusters: Congress should require that independent adjusters be used to evaluate damage assessments and insurance settlements in cases where both flood and other damage occurred.

  • Independent adjusters shall not18 charge insureds a fee.19 (c) "Public adjusters" means the insurance adjusters who do not work for any20 insurance company.

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 Accounting Firm has the meaning set forth in Section 2.05(c).

  • Independent Auditors has the meaning set forth in Section 3.2.

  • Independent Auditor has the meaning specified in subsection 7.01(a).

  • Independent Tax Counsel means a lawyer, a certified public accountant with a nationally recognized accounting firm, or a compensation consultant with a nationally recognized actuarial and benefits consulting firm with expertise in the area of executive compensation tax law, who shall be selected by the Employer and shall be reasonably acceptable to the Executive, and whose fees and disbursements shall be paid by the Employer.

  • Independent Accountants shall have the meaning set forth in Section 4.11(a).

  • Independent Advisor means an independent, nationally recognized accounting firm approved by the Parties, where such approval shall not be unreasonably withheld by either Party.

  • Independent Financial Expert means a U.S. investment banking firm of national standing in the United States, (i) which does not, and whose directors, officers and employees or affiliates do not have a direct or indirect material financial interest for its proprietary account in the Company or any of its affiliates and (ii) which, in the judgment of the board of directors of the Company, is otherwise independent with respect to the Company and its affiliates and qualified to perform the task for which it is to be engaged.

  • Independent Adviser means an independent financial institution of international repute or an independent financial adviser with appropriate expertise appointed by the Issuer under Condition 5(j)(i).

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

  • Adjuster means a person who,

  • Independent school means a school, other than a public school, at which the compulsory attendance requirements of Section 59-65-10 may be met and that does not discriminate based on the grounds of race, color, religion, or national origin.

  • Independent Appraiser means a nationally recognized or major regional investment banking firm or firm of independent certified public accountants of recognized standing (which may be the firm that regularly examines the financial statements of the Issuer) that is regularly engaged in the business of appraising the Capital Stock or assets of corporations or other entities as going concerns, and which is not affiliated with either the Issuer or the Holder of any Warrant.

  • Independent Valuer means Massarsky Consulting, Inc., appointed by the Board to independently value the Company’s Catalogues within the Portfolio;

  • 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.

  • Neutral Auditor means Ernst & Young or, if Ernst & Young is unable to serve, an impartial nationally recognized firm of independent certified public accountants other than Seller’s accountants or Purchaser’s accountants, mutually agreed to by Purchaser and Seller.

  • Neutral Accountant means a national independent accounting firm selected by Buyer and reasonably acceptable to Sellers.

  • Expert Determination the process described in Paragraph 6 of Schedule 8.3 (Dispute Resolution Procedure);

  • cost accountant means a cost accountant as defined in clause (b) of sub-section (1) of section 2 of the Cost and Works Accountants Act, 1959 (23 of 1959) and who has obtained a certificate of practice under sub-section (1) of section 6 of that Act;

  • Independent living means a planned program of services designed to assist a child age 16 and over

  • Appraisal review means the act or process of developing

  • Independent Party means, with respect to a BDC Downstream Fund, (i) if the BDC Downstream Fund has a board of directors (or the equivalent), the board or (ii) if the BDC Downstream Fund does not have a board of directors (or the equivalent), a transaction committee or advisory committee of the BDC Downstream Fund.

  • 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 set forth in Section 1.6(c)(ii).

  • Independent Firm means a recognized law or accounting firm; provided, however, that such term shall not include any accounting firm that performs or has preformed audit services with respect to Distributing or Controlled.