Public Adjuster — a claims adjuster who represents the interests of an insured in a property loss. Public adjusters negotiate settlement of such claims with the insurer's claim representative. Public adjusters are compensated with a percentage of the payable loss that they are able to secure for their clients (2 to 15 percent, depending upon the size and complexity of the claim). They are frequently retained in situations involving business interruption (BI) claims, which involve special expertise in the areas of accounting and insurance coverage analysis.