684A.020 - “Adjuster” defined. - Nevada Statutes

684A.020  “Adjuster” defined.

      1.  As used in this Code, “adjuster” means any person who, for compensation as an independent contractor or for a fee or commission, investigates and settles, and reports to his or her principal relative to, claims:

      (a) Arising under insurance contracts for property, casualty or surety coverage, on behalf solely of the insurer or the insured; or

      (b) Against a self-insurer who is providing similar coverage, unless the coverage provided relates to a claim for industrial insurance.

      2.  For the purposes of this chapter:

      (a) An associate adjuster, as defined in NRS 684A.030;

      (b) An attorney at law who adjusts insurance losses from time to time incidental to the practice of his or her profession;

      (c) An adjuster of ocean marine losses;

      (d) A salaried employee of an insurer; or

      (e) A salaried employee of a managing general agent maintaining an underwriting office in this state,

Ê is not considered an adjuster.

      (Added to NRS by 1971, 1661; A 1981, 270; 1987, 141; 1993, 2389; 1995, 1615)