What are "independent adjusters" as defined by Illinois law?

Independent adjusters, as defined by Illinois law, are professionals who assess insurance claims on behalf of insurers, but they are not employed directly by those insurers. They operate as third-party agents who provide their expertise in evaluating claims for various types of insurance. This allows them to work with multiple insurance companies, which can lead to a broader range of experience and an impartial stance in assessing claims.

This definition is important in the context of Illinois regulations as it emphasizes the role these adjusters play in the insurance industry, ensuring that claims are handled fairly and effectively without potential bias that might exist if they were directly employed by a single insurance company. The other options refer to adjusters' roles that either do not align with the independent status or focus on areas outside the standard claim assessment duties. This understanding is crucial for professionals working in the insurance industry in Illinois to adhere to relevant regulations and maintain ethical practices.