INSURANCE
CHAPTER 11
ADJUSTERS
41-1102. "Adjuster" defined. (1) An "adjuster" is a person who, on behalf of the insurer, for compensation as an independent contractor or as the employee of such an independent contractor, or for fee or commission, investigates and negotiates settlement of claims arising under insurance contracts.
(2) None of the following is an "adjuster" for the purposes of this chapter:
(a) A licensed attorney at law who is qualified to practice law in this state.
(b) The salaried employee of an authorized insurer, or group of such insurers under common control or ownership, or of a managing general agent, who adjusts losses for such insurer or insurers or for the authorized insurers represented by the general agent.
(c) The licensed agent of an authorized insurer who, at the insurer’s request, from time to time adjusts or assists in adjustment of losses arising under policies issued by such insurer.