An adjuster is an individual employed by a property and casualty insurance company to evaluate and settle claims brought by insureds. The adjuster assesses the merits of each claim and makes recommendations to the insurance company.
Fraudulent misrepresentation involves dishonest statements intended to induce an insurance company to write coverage on an applicant. If discovered, the insurer may terminate the policy.
A comprehensive explanation of the Insuring Agreement, Liability within the context of Property and Casualty policies, including definitions, examples, historical context, and related terms.
Our mission is to empower you with the tools and knowledge you need to make informed decisions, understand intricate financial concepts, and stay ahead in an ever-evolving market.