Public adjuster has been a profession in many areas of the United States for hundred years. Its importance depends on the type of insurance and it is also used by governments to regulate health care. The idea of public adjuster began for in 1860s when Congress passed an act to limit liability insurance incurred during the Civil War. To come up with solutions, State legislatures established private monopoly laws that provided one or more insurers with a broad range of responsibilities over their insured group’s activities, including licensing medical practices and setting rates charged to consumers. In recent decades, due to changes in the law and technology, this form of regulation has begun to shift from its original purposes towards health insurance regulation. The public adjuster is a person who, in return for a fee, assists the insured in a claim settlement.
The public adjuster takes on the role of working with the insurer on behalf of client. A public adjuster may also be called as a claims intermediary or as an insurance consultant that are usually employed by brokerage companies to handle claims. These professionals have qualifications required by law and also memberships of local and state associations unlike some other title agents and brokers since they are not regulated except for some states. The public adjusters are not regulated by any government agency but take part in continuing education courses to keep up with changes in the insurance field.
Therefore, these professionals are not regulated by state or federal agencies. Claims are usually presented to public adjuster by their client and may be considered as an interesting and challenging job since they have to deal with complex insurance policies, health plans, and responsibilities of other people involved. The main responsibilities of public adjusters are to:You can also learn more about car insurance in United States