Arizona Statutes

§ 20-321 — Definitions

Arizona·Title 20 Arizona Revised Statutes·Ch. 2 TRANSACTION OF INSURANCE BUSINESS·Art. 3. Adjusters

In this article, unless the context otherwise requires: 1. "Adjuster":

(a)Means any person who for compensation, fee or commission either:
(i)Adjusts, investigates or negotiates settlement of claims arising under property and casualty insurance contracts on behalf of either the insurer or the insured.
(ii)Holds oneself out to perform a service listed in item (i) of this subdivision.
(b)Does not include:
(i)A licensed attorney-at-law who is qualified to practice law in this state.
(ii)A salaried employee of an insurer or of a managing general agent. For the purposes of this item, "salaried employee" means an employee whose compensation is not contingent on the outcome of a claim determination.
(iii)A licensed insurance producer who adjusts or assists in adjustment of losses

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