A survey recently commissioned by the Association of Claims Professionals has found that about 125,000 commercial insurance claims adjusters are working in the U.S. — a statistic that may give the professionals more clout on industry issues in Washington, D.C.
The adjusters process claims amounting to $450 billion to $500 billion a year, according to the survey conducted by Bickmore, a risk-management consulting firm. And on average, they hold licenses in 10 states.
The latter finding is the basis for legislation ACP has proposed, called the Claims Licensing Advancement for Interst...
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