The Adjuster and Underwriting

0
3K

A Video Explaining The Adjuster’s Obligation to the Insurer’s Underwriters

Read the full article at https://www.linkedin.com/pulse/video-explaining-adjusters-obligation-insurers-barry-zalma-esq-cfe and see the whole video at https://youtu.be/uV5gtTSWtLg and https://rumble.com/c/c-262921 and at https://zalma.com/blog plus more than 3850 posts.

Adjusters are the representatives of the insurers who fulfill the promises made by the underwriter when the risk was taken and a policy was issued. The adjuster (sometimes called a claims representative) must determine that the decision to insure was based upon accurate facts and that the underwriter fully understood the risk he or she was taking.

The Adjuster Must Inform the Underwriter of Observed Hazards

Underwriters take information from adjusters, after a loss, to reevaluate the risk decision, to be certain they were not deceived and to better evaluate the risk taken so they can deal with future requests for renewal or increases in coverages fairly and in good faith.

ZALMA OPINION

It is essential for a claims person to understand that he or she is an important part of the insurance relationship. The adjuster is not limited to adjusting and resolving claims but to also observe and report what is observed that might effect the insurance.

Sponsor

We are 100% funded for October.

Thanks to everyone who helped out. 🥰

Xephula monthly operating expenses for 2024 - Server: $143/month - Backup Software: $6/month - Object Storage: $6/month - SMTP Service: $10/month - Stripe Processing Fees: ~$10/month - Total: $175/month

Xephula Funding Meter

Please Donate Here

Zoeken
Categorieën
Read More
Literature
The Albino Buck
Every once in a while, nature shows off some extremely amazing sites, and rarer still, will share...
By Marcus Tipton 2021-05-06 09:21:51 0 7K
Finance
Homeowners Policy Excludes Injury Arising from Use of Auto
Louisiana Court of Appeals Concludes that Leaving Child in Hot Car to Die is Excluded Use of...
By Barry Zalma 2022-05-11 13:11:09 0 4K
Politically Incorrect
Green Lives Matter
https://boundingintocomics.com/2020/04/27/progressive-nerd-culture-outlets-and-table-top-creators...
By Scathing Take 2020-05-05 17:34:02 0 7K
Politically Incorrect
Broken Purple Heart
See the topic story You just gotta love the framing right in the onset of this article –...
By Scathing Take 2020-09-27 01:50:54 0 8K
Other
Named Beneficiary Must be Paid
Named Beneficiary Must be Paid Death Benefit Read the full article at https://lnkd.in/g7V-HV_v...
By Barry Zalma 2023-12-22 13:41:48 0 3K