James Scott No Comments

A marine adjuster who carries out the following role

In the case of a general average the average adjuster prepares a statement showing what portion of a loss is payable in general average by each of the parties to the adventure in accordance with the rules set down in the bill of lading and rules or practice of the Average Adjusters Association and by marine law. In a partial loss or total loss the average adjuster ascertains what portion of loss is covered by marine insurance policies in accordance with low and practice and apportions it over the policy or polices with the amount covered by the policy.