Shortage Of Independent Adjusters Leads To Highest Fees Ever Paid

 Monday, September 18, 2017

 Insurance Business Magazine

Independent adjusters in Florida might have their work cut out for them — with numerous Hurricane Irma-related claims being filed — but they look set to be compensated for their hard work with the region’s increased pay rates. Due to a severe shortage of insurance adjusters in Florida, insurance companies in the region have been forced to hike adjusters’ rates. The consecutive occurrence of two major natural disasters — Hurricanes Harvey in Texas and Hurricane Irma in Florida — was largely to blame for the shortage, as many adjusters were tapped to help policyholders in Texas first.
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