An individual employed by a property/casualty insurer to evaluate losses and settle policyholder claims. These adjusters differ from public adjusters, who negotiate with insurers on behalf of policyholders, and receive a portion of a claims settlement. Independent adjusters are independent contractors who adjust claims for different insurance companies.

"Adjuster" In Context

"SAN FRANCISCO—The California Supreme Court on Thursday struck down an appellate court ruling that had concluded insurance adjusters are not exempt from laws requiring employers to pay overtime wages. The closely watched decision in Frances ..."