Adjuster

Exam

State exam

Education

Specific course

Experience

None

Background check

Required

Adjusters represent the property/casualty insurance company and examine claim forms and other records to determine insurance coverage. They interview, telephone, or correspond with claimants and witnesses. They may consult with police and hospitals or inspect property for damage to determine the extent of the company's liability. Their methods of investigation may vary according to the type of insurance. They must prepare a report of findings and negotiate a settlement with the claimant. They may also recommend litigation by the legal department when settlement cannot be negotiated. Requirements: 1) Must be at least 18 years of age. 2) Must be a resident of Arkansas or licensed as an independent adjuster in their home state which permits Arkansas residents to license as adjusters. 3) Must have one-year experience or special training in the handling of loss claims for casualty and workers' compensation or work under direct supervision of an Arkansas licensed adjuster. 4) License Exempt: Salaried employees of insurer and life and health claims representatives. 5) Every applicant is required to take the general exam and then make a choice between Property, Casualty or Worker's Comp. Examinations. An individual can take (besides the general) one exam, two exams or all three. 6) Every two years must complete 24 hours of continuing education, which includes three hours in ethics. Adjusters must take a General Exam and then at least one other exam to get a license. The other exams include Workers' Comp., Casualty, and Property. General examination: $50.00 single examination, $100.00 two examinations, $150.00 three examinations. Criminal background report: $22.00 (First time licensed only), New Regulatory fee: $55.00, Total license renewal fee: $120.00 (every 2 years)