The Art of Adjusting® Podcast

Episode #48 - Balancing Obligations: The Art of Ethical Claims Handling

William Auten & Chantal Roberts Season 3 Episode 48

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In this episode of The Art of Adjusting®, hosts Chantal and William dive deep into the duties and responsibilities that insurance carriers have towards third-party claimants. They explore the fine line between contractual and moral obligations, emphasizing the importance of maintaining goodwill and treating claimants with respect to avoid potential pitfalls like excess verdicts against policyholders.

The discussion covers the complexities of handling insurance claims, including the critical need for thorough documentation, the risks of claim denials, and the challenges of accurately determining claim values. Chantal and William also tackle the controversial topic of "low balling" in insurance claims, offering insights into how adjusters can properly justify claim values to avoid accusations of bad faith.

Listeners will gain valuable advice on improving the claims process, such as the importance of early requests for medical records, clear communication with claimants, and the strategic use of partial settlements in severe injury cases. Chantal and William also share personal anecdotes and tease an upcoming episode featuring Barry Zama, a renowned expert in insurance claims, promising a deep dive into fraud prevention and best practices.

Tune in to learn how to navigate the intricacies of claims handling while upholding professionalism and integrity in the industry.

 

For more insights, you might consider a career in liability adjusting or if you're searching for reliable adjusting services, visit Auten Claims Management.

To explore more about Chantal Roberts and her contributions to the industry, visit CMR Consulting.

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