Fraud is a major problem in the insurance industry, costing the industry billions of dollars each year. It’s important for new insurance adjusters to be aware of the different types of fraud that can occur and take steps to prevent it from happening. First, it’s important to understand what fraud is. In short, fraud is […]
Having the knowledge and experience to work as a workers’ compensation claims adjuster is a special skill set that can help employers and carriers. Workers’ compensation claims adjusters facilitate medical treatment, wage replacement benefits, and personal support services to those injured on the job. They make sure that injured employees receive the care they […]
Insurance adjusting is an important job in the insurance industry, as adjusters help insurance companies assess claims and provide policyholders with the compensation they are entitled to. Types of Adjusters There are two main types of adjusters: independent and staff. Independent adjusters are not employees of any particular company; instead, they travel around to […]
The insurance industry is an ever-changing and dynamic market that requires experienced professionals to keep up with the latest trends and advancements. But one position has remained consistently in demand over the years, regardless of economic conditions: insurance adjusters. These professionals are essential to helping policyholders in times of need, ensuring claims are handled […]
These days, telephones have become tools for written or visual communication more so than for good old-fashioned talking on the phone. However, in many professions, claims adjusting being one of them, telephone conversations are a crucial part of your work. As an adjuster, you will spend a significant part of your day talking on […]
Have you ever considered a career as an insurance adjuster? In the past, people often viewed this profession as mundane and unfulfilling, but times have changed. As the job market becomes increasingly competitive, it’s no surprise that more and more people are turning to becoming an insurance adjuster. But why? What makes this profession […]
Day after day, millions of vehicles travel our roads, resulting in thousands of accidents and the claims that go along with them. This creates job security for those working in processing automobile damage claims. Automobile and motor vehicle property damage claims are handled by two different professionals, both of whom may be subject to […]
Negotiating insurance claims is one of the most complex activities of the claims profession, yet it is also an area in which adjusters get the least amount of training. Even most of the lawyers they work with don’t get training! The negotiation of claims presents a significant challenge, due in part to several subtle […]
In nearly every state, when it comes time to renew your Adjuster License, a certain number of your continuing education hours will have to be dedicated to the subject of ethics. This can amount to as many as 2 to 4 hours of ethics courses every two years, depending on your state. Does it seem […]
Ethics is a major consideration when deciding to pay or deny a claim as an insurance adjuster. Is it ethical to deny an obviously compensable claim, or to pay a claim clearly not due? Is it ethical to take a position on either payment or denial when an investigation is still incomplete? The answers […]