How is an "adjuster" defined under Arizona law?

In Arizona, the definition of an "adjuster" is centered around the role they play in the insurance claims process. An adjuster is specifically responsible for investigating and negotiating insurance claims, which involves assessing the details of a claim, examining evidence, communicating with involved parties, and determining the extent of the insurer's liability.

This role is critical in the insurance industry as it ensures that claims are handled fairly and efficiently, directly impacting both the policyholders and the insurance companies. Adjusters must possess knowledge of insurance policies and apply relevant laws and guidelines to reach appropriate conclusions regarding claims. This distinguishes their function from other roles in insurance, such as selling policies, providing advice, or managing funds, which do not involve the direct handling or negotiation of claims. Therefore, the definition aligns with the activities and responsibilities embodied in the position of an adjuster under Arizona law.