Contents: This report identifies the "Pending" reserves detail on coverages as of a selected report period date. Optional sorts and subtotals are included by company, state, line of business and coverage. The totals from the Detail balance to the Summary report totals and the Open Reserves Detail by Claim Number Report. This report can be run two (2) ways. It can be run as a monthly report OR it can be run as of a current date. The report includes:
Claim Number
Loss Date
Insured Name (As pulled from the claim)
Rpt. Date (Reported date of claim)
Cat. No. (Catastrophe number)
In Suit Indicator ("Y" = Yes, "N" = No)
Loss Type
Clmt. No. (Claimant Number)
Coverage (Description)
Subcoverage (Description)
Loss / Indemnity Reserve (Open Reserve Amount)
ALAE / DCC Reserve (Open Reserve Amount)
ULAE / AO (Open Reserve Amount)
Who Uses Report: Claims management. This report is used to monitor "Pending" loss reserve activity, and may be used to balance reported MTD (Month to Date) as well as YTD (Year To Date) reserve totals. This report has the same information as the Claim Outstanding Reserve Detail by Coverage except the user can specify a month and year.
When to Run Report: Can be run any time using the current date (MM/DD/YYYY) or it can be run as of a monthly date (MM/YYYY).
Input Parameters:
Month
Year
Company (With an option for "All")
State (With an option for "All")
Line of Business (With an option for "All")
Coverages (With an option for "All")