HI Claims Adjuster study guide
HI Claims Adjuster · Work through your exam, one topic at a time.
The Hawaii Claims Adjuster license is issued through the Hawaii Department of Commerce and Consumer Affairs (DCCA) Insurance Division, the state agency that regulates insurers and insurance professionals in Hawai'i. A license is generally required before a person may investigate, negotiate, or settle claims on behalf of an insurer for losses in the state, and candidates ordinarily must pass a licensing examination as part of the application. The HI Claims Adjuster study guide has 5 sections and about 1,670 words.
01Hawaii Insurance Laws, Rules, and Regulations
Hawaii's insurance law is codified in HRS Chapter 431 (recodified in 1988) and amplified by Title 24 of the Hawaii Administrative Rules. The Insurance Division of the Department of Commerce and Consumer Affairs, headed by the Insurance Commissioner, licenses insurers, producers, and adjusters, examines market conduct, and enforces the unfair trade and unfair claims settlement practice provisions of HRS Article 13.
361 words, about 2 min02Insurance Principles and Policy Provisions
Indemnity restores the insured to the pre-loss financial position, no better. Insurable interest must exist at the time of loss.
325 words, about 2 min03Claims Handling Practices and Ethics
Every claim decision must rest on a reasonable investigation, a fair reading of the policy, and a documented rationale. The duty to defend is broader than the duty to indemnify: any possibility of coverage triggers a defense.
340 words, about 2 min04Property Loss Adjusting
Identify the policy period, the named insured, the property, and the cause of loss. Decide whether the peril is covered, whether an exclusion applies, and whether an exception to that exclusion restores coverage.
299 words, about 1 min05Casualty Loss Adjusting
A casualty claim rests on duty, breach, causation, and damages. Establish the standard of care, then the breach, then the causal link to the harm.
345 words, about 2 min