[Code of Federal Regulations]

[Title 44, Volume 1]

[Revised as of October 1, 2005]

From the U.S. Government Printing Office via GPO Access

[CITE: 44CFR62.21]



[Page 318]

 

              TITLE 44--EMERGENCY MANAGEMENT AND ASSISTANCE

 

 CHAPTER I--FEDERAL EMERGENCY MANAGEMENT AGENCY, DEPARTMENT OF HOMELAND 

                                SECURITY

 

PART 62_SALE OF INSURANCE AND ADJUSTMENT OF CLAIMS--Table of Contents

 

             Subpart B_Claims Adjustment and Judicial Review

 

Sec. 62.21  Claims adjustment.





    (a) In accordance with the Agreement, the servicing agent shall 

arrange for the prompt adjustment and settlement and payment of all 

claims arising from policies of insurance issued under the program. 

Investigation of such claims may be made through the facilities of its 

subcontractors or insurance adjustment organizations, to the extent 

required and appropriate for the expeditious processing of such claims.

    (b) All adjustment of losses and settlements of claims shall be made 

in accordance with the terms and conditions of the policy and parts 61 

and 62 of this subchapter.