Assess whether product recall exposure is priced or excluded (23d8d4)

SITUATION In a staffing firm with deteriorating loss development, D&O claims-made notice and prior-acts history is the evidence after a reserve increase that blows the account's loss ratio. Workers'-compensation product manager has to pick Product recall exposure is priced or Excluded for this Insurance Underwriting Specialty Liability close using D&O claims-made notice and prior-acts history.

DECISION Workers'-compensation product manager in a staffing firm with deteriorating loss development must choose Product recall exposure is priced / Excluded using D&O claims-made notice and prior-acts history after a reserve increase that blows the account's loss ratio.

HYPOTHESES TO TEST 1. D&O claims-made notice and prior-acts history reads as Product recall exposure is priced once a reserve increase that blows the account's loss ratio is lined up to the same Insurance Underwriting population. 2. D&O claims-made notice and prior-acts history is closer to Excluded after a reserve increase that blows the account's loss ratio; Product recall exposure is priced would over-claim this Specialty Liability extract. 3. A dual reading is still live in D&O claims-made notice and prior-acts history for workers'-compensation product manager in a staffing firm with deteriorating loss development. 4. D&O claims-made notice and prior-acts history is missing the fact workers'-compensation product manager needs after a reserve increase that blows the account's loss ratio; stop this Insurance Underwriting close.

ANALYSIS REQUIRED 1. Test exposure, limits, and endorsement language in D&O claims-made notice and prior-acts history after a reserve increase that blows the account's loss ratio. 2. Flag any accumulation fact D&O claims-made notice and prior-acts history does not price. 3. Compare treaty versus facultative treatment for the risk product recall exposure is names. 4. For this Insurance Underwriting Specialty Liability file, read D&O claims-made notice and prior-acts history against a reserve increase that blows the account's loss ratio and write the one fact that would move product recall exposure is for workers'-compensation product manager.

RECOMMENDATION Choose Product recall exposure is priced / Excluded on this Insurance Underwriting / Specialty Liability packet (D&O claims-made notice and prior-acts history after a reserve increase that blows the account's loss ratio). Lead with the Insurance Underwriting option D&O claims-made notice and prior-acts history can support after a reserve increase that blows the account's loss ratio, then the two facts that force it, then the Monday action for workers'-compensation product manager in a staffing firm with deteriorating loss development.