Funa said that it is now mandatory for all new applications for license of insurance
adjusters to submit a favorable endorsement from APAC and PILA before they can practice in the Philippines.
We have to become more outspoken about the value of the position and the rewards people can expect from an
adjuster job and what they can bring to it," said Marianne Petillo, owner of ROM Reinsurance Management Co.
"Honest, hard working public
adjusters know that this situation was wrong, and were at the forefront of support for this bill's passage," he continued.
"The public
adjusters can work with the insurance company and their
adjuster and give the consumer some confidence that they're being treated fairly," which might avoid a lawsuit, he said.
A contractor can clean the smoke off of the surface of the sheetrock, but a public
adjuster will point out to the insurance company that the smoke odor will never come out of the insulation of the sheetrock, and therefore the sheetrock needs to be replaced.
* Encouraging signs are seen in revamped college recruiting processes and new
adjuster training programs.
When you finally get through to the
adjuster who is handling the claim, you are exasperated by fruitless settlement negotiations because the
adjuster will not budge from an unreasonably low offer.
Either the in-house risk management team or an outside
adjuster should assess the damages as accurately and thoroughly as possible and gather all supporting documentation required to prove the claim.