A public adjuster who receives, accepts or holds any funds on behalf of an insured, towards the settlement of a claim for loss or damage, shall deposit the funds in a noninterest-bearing escrow or trust account in a financial institution that is insured by an agency of the federal government in the insured's home state or in the state where the loss occurred.
Escrow or trust account
Tenn. Code Ann. § 56-6-915, under Tennessee Public Adjuster Licensing Act of 2006.
Tenn. Code Ann. § 56-6-915