2 Adjuster
for compensation,
(a) directly or indirectly solicits the right to negotiate the
settlement of a loss under a contract of insurance on behalf
of an insured or insurer or a reciprocal insurance exchange,
or
(b) negotiates the settlement of a loss under a contract of
insurance on behalf of an insured or insurer or a reciprocal
insurance exchange.
(2) For the purposes of this Act, an adjuster does not include
(a) a lawyer when practising law,
(b) a trustee of property or an agent of an owner of or person
having an insurable interest in property who negotiates a
settlement of a loss under a contract of insurance in respect
of the property,
(c) an insurer, or
(d) an employee of an insured who negotiates the settlement of
a loss under a contract of insurance on behalf of the insured.
1999 cI-5.1 s2