Which of the following statements is NOT true of an insurance adjuster?

An insurance adjuster plays a critical role in the claims process, and understanding the parameters of their authority is essential. The statement indicating that an adjuster can settle liability claims without oversight is not true. Insurance adjusters typically operate under the supervision or guidelines set by the insurance company, and significant claims usually require management's approval or further scrutiny. Adjusters must thoroughly investigate claims and gather relevant evidence, which often involves collaboration with other professionals.

Their responsibilities include assessing damages, interviewing involved parties, and determining the legitimacy of claims. This process ensures that claims are settled fairly and in alignment with the policy terms. The requirement for oversight is important as it helps maintain standards of accountability and adherence to the insurer’s policies. Therefore, the statement that an adjuster can independently settle liability claims without any oversight does not reflect the regulated nature of their work within the insurance industry.