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When you file an insurance claim, you put your trust in a claims adjuster to help you get back to normal. ... Company adjusters are typically on a fixed salary from the insurance company and may ...
Workers receive an allowance to pay for their home offices, equipment and tech support, plus covered business expenses.The median salary for a claims adjuster is $68,130 per year, according to the ...
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In October 2012, Nationwide agreed to pay $7.2 million to resolve a market conduct investigation by a multistate insurance regulator task force regarding its use of the Social Security Death Master File database for paying life insurance claims. Life insurance policies make it clear that it is up to the beneficiaries to notify the insurer.
This term is also now commonly used in commercial general liability (CGL) policies or so called "casualty" business. In these instances, the liability policies are written with a large (in excess of $50,000) self-insured retention (SIR) that operates somewhat like a deductible, but rather than being paid at the end of a claim (when a loss payment is made to a claimant), the money is paid up ...
A home insurance adjuster is responsible for investigating insurance claims. Most adjusters are employed or contracted by insurers and don’t charge policyholders for home visits, but homeowners ...