General Adjustment Bureau
What Does General Adjustment Bureau Mean?
The General Adjustment Bureau (GAB) is a company that trains insurance adjusters and also provides adjustment services to insurance companies that have no pool of adjusters of their own.
Insuranceopedia Explains General Adjustment Bureau
The General Adjustment Bureau started its operations in Texas on January 10, 1947. It is headquartered in Nebraska and has offices throughout the United States.
Insurance adjusters are trained to investigate insurance claims before the insurance company pays them. Some companies have the resources to employ a pool of adjusters, but others don't. The companies in the latter category can instead depend on the Bureau to clear their claims.