Monday, February 22, 2010

Insurance Claims Adjuster - How do they work?

Insurance claims adjuster investigate the claims, negotiate settlements, and authorize payments to claimants. Insurance Claims Adjuster must have at least a high school diploma, but many have college degrees.


The Claims Adjuster interviews the customer and any witnesses, inspects the damage done to the property and consults any official records. Claims Adjusters document the information they gather in a report, and they settle valid claims and work with attorneys to defend the insurance company against contested claims.
Insurance Claims Adjusters work mainly for casualty and property insurance companies, but can work for commercial insurance, disability insurance, medical insurance or health insurance companies.
The University of Central Florida offers an ACA (Accredited Claims Adjuster) pre-licensing course. Students who successfully complete the course get a Florida all-lines license and do not have to take the state exam.
Claims Adjusters must keep up-to-date on state and Federal laws, court decisions and new drugs and medical procedures. Any changes, amendments or advances may affect the handling of claims and or a policy's coverage. Many companies provide additional training to help their employees stay on-top-of changes in the industry.

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