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ADJUSTMENT (from See also: law, the See also: settlement of a loss incurred at See also: sea on insured goods
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The calculation of the amounts to be made See also: good to and paid by the several interests is a complicated See also: matter
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It involves much detail and arithmetic, and requires a full and accurate knowledge of the principles of the subject
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Such adjustments are made by men called adjusters, who make the subject their profession
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In See also: Great Britain they are for the most See also: part members of the See also: Average Adjusters' Association (187o), a See also: body which has done much careful See also: work with a view to making and keeping the practice See also: uniform and in See also: accord with right principles
.
This association has gradually formulated, at their See also: annual meetings, a body of See also: practical rules which the individual members undertake to observe
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