Texas Adjuster Unit 1 (Well-enlightened)

Union Plastics is a large manufacturing company, and they handle all their own insurance claims. If Stan was hired by Union Plastics to investigate suspicious claims and determine if the claim needs to be paid, Stan would be considered A) an insurance adjuster B) an insurance counselor C) an insurance agent D) an insurance commissioner correct answers an insurance adjuster Ace Property and Casualty of Texas has had several catastrophic losses on the coast because of some major storms, and the company's claim division does not have the staff to meet state claim handling deadlines. On a temporary basis, Ace would most likely hire A) contractors B) insurance agents C) public adjusters D) staff adjusters correct answers contractors Susan had a large fire that caused some damage to her home, and she is not certain as to the proper settlement amount. If Susan needs a person to represent her in the settlement of her claim, Susan would need A) a public adjuster B) a staff adjuster C) an independent adjuster D) an insurance commissioner correct answers a public adjuster Sure Bet Insurance Company, a large P&C carrier, has a claims backlog because of flooding in the area. If Sure Bet wanted to hire some additional staff adjusters but have them start assisting with the flood claims immediately for training purposes, they could request temporary licenses for the new hires by providing the Commissioner with at least A) 30 days notice B) 10 days notice C) 5 days notice D) 45 days notice correct answers 5 days notice Doug is licensed as a property and casualty adjuster and works for Allied Insurance Company. Doug could work all the following claims for Allied EXCEPT A) windstorm damage to an insured's home B) theft of personal property from an insured's residence C) injury to Sam, an employee of an insured, while Sam is at work D) physical damage to an insured's vehicle correct answers injury to Sam, an employee of an insured, while Sam is at work A person who is employed by a property and casualty insurance company and who adjusts claims on their behalf would be considered A) an independent adjuster