The three biggest auto and home insurers in the nation reward their claims adjusters for reducing expenses and cutting costs.
Insurance companies calculate everything .
Insurance companies, like other corporations, seek a good value for their employees' services and reward those who boost the company's bottom line. It's also a way for the company to build long-term wealth. Adjusters are insurance company employees who come out to survey your car or house damage and estimate your repair costs. Critics say these compensation practices are, at best, shrewd efforts to maximize profits, maintain a competitive edge, and keep insurance costs as low as possible. At worst, they are inappropriate and unethical practices that represent gross conflicts of interest.