Adjuster Duties & Ethics
When handling claim funds, an adjuster should:
Answer
Account for and handle the funds honestly and as directed
A license holder who has 'misappropriated, converted to the applicant's or license holder's own use, or illegally withheld money belonging to' an insurer or an insured may be disciplined or denied a license.
Source: Tex. Ins. Code §4005.101(b)(4)
Not the answer
- Keep any unclaimed amounts
- Delay payment to earn interest
- Deposit them in a personal account
Practice this
The Texas All-Lines Adjuster exam is 150 questions and takes 105 correct — 70% — to pass. The app’s page carries a free ten-question test drawn from the same bank, marked as you go.
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