Loss Run Reports

A Loss Run Report is a document used in the insurance industry that outlines the claims history of a business or individual. It provides details about past insurance claims, including when they occurred, the type of incidents involved, and the amounts paid by the insurer. Insurers use these reports to assess risk when providing coverage or setting premiums. Essentially, a Loss Run Report helps insurance companies understand a client's past experiences with claims, which can influence future insurance decisions and costs.