§ 48.17.050. "Adjuster" defined
(1) "Adjuster" means any person who, for compensation as an independent contractor or as an employee of an independent contractor, or for fee or commission, investigates or reports to his principal relative to claims arising under insurance contracts, on behalf solely of either the insurer or the insured. An attorney-at-law who adjusts insurance losses from time to time incidental to the practice of his profession, or an adjuster of marine losses, or a salaried employee of an insurer or of a general agent, is not deemed to be an "adjuster" for the purposes of this chapter.
(2) "Independent adjuster" means such an adjuster representing the interests of the insurer.
(3) "Public adjuster" means an adjuster employed by and representing solely the financial interests of the insured named in the policy.
[1947 c 79 § .17.05; Rem. Supp. 1947 § 45.17.05.]
Sections: Previous 48.17.005 48.17.010 48.17.020 48.17.030 48.17.040 48.17.050 48.17.055 48.17.060 48.17.062 48.17.063 48.17.065 48.17.067 48.17.070 48.17.090 48.17.100 Next
Last modified: April 7, 2009