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Current as of January 01, 2025 | Updated by Findlaw Staff
1. “Independent adjuster” means an adjuster who is representing the interests of an insurer or a self-insurer and who:
(a) Contracts for compensation with the insurer or self-insurer as an independent contractor or an employee of an independent contractor;
(b) Is treated for tax purposes by the insurer or self-insurer in a manner consistent with an independent contractor rather than an employee; and
(c) Investigates, negotiates or settles property, casualty or surety claims, including, without limitation, workers' compensation claims, for the insurer or self-insurer.
2. “Public adjuster” means an adjuster employed by and representing solely the financial interests of the insured named in the policy. The term does not include an adjuster who investigates, negotiates or settles workers' compensation claims.
3. “Company adjuster” means a salaried employee of an insurer who:
(a) Investigates, negotiates or settles property, casualty or surety claims, including, without limitation, workers' compensation claims; and
(b) Obtains a license pursuant to this chapter.
4. “Staff adjuster” means a person who investigates, negotiates or settles workers' compensation claims under the authority of a third-party administrator who holds a certificate of registration issued by the Commissioner pursuant to NRS 683A.08524.
Cite this article: FindLaw.com - Nevada Revised Statutes Title 57. Insurance § 684A.030. “Independent adjuster,” “public adjuster,” “company adjuster” and “staff adjuster” defined - last updated January 01, 2025 | https://codes.findlaw.com/nv/title-57-insurance/nv-rev-st-684a-030/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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