P.R. Laws tit. 26, § 949f
(1) Adjuster.— Is the person who for compensation as independent contractor or as employee of an independent contractor, or for a fee, commission or salary, investigates and negotiates the settlement of claims arising under insurance contracts exclusively on behalf of the insurer or the insured.
A practicing attorney-at-law who adjusts insurance losses from time to time incidental to the practice of his/her profession shall not be deemed an “adjuster” for the purposes of this chapter. An attorney-at-law who in representation of an insurer adjusts losses shall have to hold a license as independent adjuster.
(2) Independent adjuster.— Means the adjuster who represents the interests of the insurer.
(3) Public adjuster.— Means the adjuster employed by the claimant whose financial interests he/she represents exclusively.
History —Ins. Code, added as § 9.050 on Jan. 19, 2006, No. 10, § 8, eff. 120 days after Jan. 19, 2006.