Who is responsible for investigating or adjusting losses on behalf of insurers or self-insureds?

The responsibility for investigating or adjusting losses on behalf of insurers or self-insureds is clearly designated to an independent adjuster. An independent adjuster is a professional who is not directly employed by an insurance company; instead, they work on behalf of insurance companies or self-insured entities to assess claims and determine the extent of financial liability. Their role includes evaluating the details of a claim, gathering necessary evidence, and often negotiating settlements based on their findings.

In contrast, a public adjuster represents policyholders and advocates for their interests during the claims process, while an insurance broker serves as an intermediary between clients and insurance companies, primarily focused on selling insurance policies rather than handling claims. A claims adjuster can refer to various roles but often implies those directly employed by an insurance company, focusing on assessing claims for that company’s interest rather than independently evaluating for an insurer or self-insured entity. Thus, the independent adjuster is distinctly suited for the task of investigating and adjusting losses on behalf of insurers and is the correct choice in this context.