What are the unique problems public adjusters face when negotiating between insurance carriers and policyholders?
California civil litigation attorney and law professor Ivo Labar explains how public adjusters face similar problems to lawyers.
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Any problems they face really are very similar to what lawyers face in the same context. They have to bridge the gap between the expectations of the insured, who’s thinking they’re gonna get everything they believe they’re entitled to following a loss, and insurance companies who are following their normal business practices and trying to minimize the payout, which is actually quite alien and contrary to what most insureds expect.