Question

The Adjuster's Code of Ethics starts with a basic premise which states:

(A) The work of adjusting engages the public trust.
(B) Not attempting in good faith to settle claims when it could and should have done so may subject an adjuster to direct liability for bad faith claims practices.
(C) It is important for an adjuster to avoid violations of the Unfair Trade Practices Act. The insurer, on whose behalf the adjuster performs, may be subjected to administrative penalties if the adjuster commits an infraction.
(D) Any person who is damaged by certain adjuster practices is granted a right to sue the adjuster.

Answer 1

The Adjuster's Code of Ethics is a set of principles and guidelines that govern the conduct of insurance adjusters.

Step-by-step explanation:

The Adjuster's Code of Ethics is a set of principles and guidelines that govern the conduct of insurance adjusters. The code emphasizes the public trust placed in adjusters and the importance of settling claims in good faith. It also highlights the need for adjusters to avoid violations of laws such as the Unfair Trade Practices Act. Additionally, the code grants individuals who have been damaged by certain adjuster practices the right to sue the adjuster.