Adjustment

In the law of insurance, the adjustment of a loss is the ascertainment of its amount and the ratable distribution of if among those liable to pay it; the settling and ascertaining the amount of the indemnity which the assured, after all alportion which each underwriter is liable to pay.

Marsh. Ins, (4th ld.) 499; 2 Phil. Ins. $§ 1814, 1815.

Adjuvari quippe nos, non decipi, beneficio oportet. We ought to be favored, not injured, by that which is intended for our benefit. (The species of bailment called “loan” must be to the advantage of the borrower, notto his detriment.) Story, Bail. § 275.

See 8 EL & Bi 1051.