For Commercial policyholders preparing for renewal or remarketing
What loss runs are and why insurers request them
How loss-history reports support underwriting, what to review, and why a missing report can delay a commercial submission.
What a loss run shows
A loss run is a carrier-generated report of claims associated with a policy or insured. It commonly shows the date of loss, description, status, amounts paid, reserves, and total incurred. The exact format varies by carrier.
Why currently valued reports matter
Claims change. Payments, reserves, recoveries, and status can move after an older report was issued. Underwriters often ask for reports valued recently enough to reflect current claim information.
What to review
- Correct insured and policy periods
- Every requested year is present
- Open versus closed status
- Paid, reserve, and incurred amounts
- Duplicate or unfamiliar losses
- Corrective measures and supporting documentation
What a broker cannot do
A broker can help request, organize, and explain loss information, but cannot rewrite the carrier's claim record. Corrections or status changes must come from the authoritative carrier or claims administrator.
Order early
Requesting reports well before renewal leaves time to identify missing years, obtain updated valuations, and prepare concise explanations for material losses.