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Adjuster's License Test - Adjusting Losses Latest Update 2024 | Questions with 100% Correct correct answers

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A public adjuster Primarily represents the interests of: -The insured named in the policy Adjusters employed by State Farm, Allstate, and Travelers would be considered what type of adjusters - Company or Staff The CT insurance Dept. regulates activities of PAs by setting fourth specific rules in communicating settlement offers from the insurer of their clients. Accordingly, upon receipt of an offer to settle a loss from the insurer, the PA must: -Notify the client in writing of the offer within 10 days of receipt of the offer from the insurer A claim filed by a policyholder against his/her own insurance company for recovery under the policy is referred to as: -First Party Claim

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