I never knew what a loss adjuster was until my after-church conversation with Max. I asked what he did for a living and was mystified by the idea of being ‘a loss adjuster’. But it made sense as he explained it. A loss adjuster is an independent assessor of the loss incurred by an insured business after, say, a fire has occurred. Insurance covers the business for physical losses and for loss of income while out of action. But calculating depreciation on factories and plant and the actual looses involved in the time before the business re-opens is a complex matter and it is easy for insurance companies and their clients to differ. A loss adjuster takes into account all sorts of factors including seasons and sale patterns, alternative sources, the condition of the factory and so on.
But what was really difficult, as Max explained it, was the ethical dilemma Read More
Faith that works – studies in James
By Brian Edgar