Loss Run


The term “loss run” is frequently used in the insurance industry and has significant implications for insurers, policyholders, and legal proceedings. A loss run report provides a detailed history of an insured’s claims, offering valuable information for risk assessment, underwriting, claims handling, and legal matters. This comprehensive legal definition of loss run in 750 words explores its definition, purpose, legal considerations, and implications for all stakeholders involved.

Definition and Overview

A loss run, also known as a claims history report or loss history report, is a document provided by an insurance company that offers a comprehensive record of an insured’s insurance claims over a specific period. This report includes details about each claim, such as the date of occurrence, type of loss, claim amount, and claim status. Loss run reports serve various purposes, including helping insurers assess risk, determine premium rates, and evaluate policy renewals.

Purpose of Loss Run Reports

Loss run reports fulfill several critical purposes:

Risk Assessment:

Insurers use loss run reports to evaluate the claims history of a potential policyholder. A history of frequent or severe claims may indicate a higher risk profile, which could affect premium pricing or even the insurer’s willingness to provide coverage.

Premium Determination:

Loss run reports assist insurers in setting appropriate premium rates for policyholders. Insurers often consider an insured’s claims history when calculating premiums.

Policy Renewals:

Insurers review loss run reports when deciding whether to renew a policy. A poor claims history may lead to non-renewal or changes in policy terms.

Claims Handling:

Loss run reports help insurers manage and process claims effectively by providing a comprehensive overview of a policyholder’s past claims.

Legal and Litigation Support:

In legal proceedings related to insurance claims, loss run reports can serve as valuable evidence, helping to establish the history of claims, damages, and other relevant details.

loss run

Legal Considerations for Loss Run Reports

Loss run reports have several legal considerations:

Privacy and Confidentiality:

Insurers must comply with privacy and confidentiality laws when generating and sharing loss run reports. Personal and sensitive information should be protected in accordance with applicable regulations.

Accuracy and Completeness:

Loss run reports must be accurate and complete to provide an unbiased and factual account of an insured’s claims history. Inaccuracies or omissions can lead to legal disputes.

Access and Request Procedures:

Policyholders have the right to request their loss run reports. Insurance regulations often stipulate procedures and timeframes for submitting requests and receiving the reports.

Legal Requirements:

In some jurisdictions, insurers are legally obligated to provide loss run reports to policyholders upon request. Failure to do so may result in penalties.

Data Protection:

Insurers must ensure the protection and secure storage of loss run data to prevent unauthorized access and data breaches.

Contents of a Loss Run Report

A typical loss run report includes the following information:

Policyholder Information:

– Name and contact details of the insured.

– Policy number and effective dates.

Claim Details:

– Date of loss or occurrence.

– Type of loss (e.g., property damage, bodily injury, liability).

– Description of the loss or event.

– Claim status (open, closed, settled, pending).

– Claim settlement amounts.

– Deductibles and policy limits.

Claim History:

– A chronological list of all claims filed by the insured during the specified reporting period.

– Each claim’s unique identifier, often referred to as a claim number.

Claim Payments:

– The total amount paid out by the insurer for each claim.


– The amount reserved or set aside by the insurer for claims that have not yet been settled or closed.

Incident Reports:

– Any incident reports or statements related to the claims.

Use in Legal Proceedings

Loss run reports can play a crucial role in legal proceedings related to insurance claims:

Subrogation and Recovery:

Insurers may use loss run reports to identify potential liable parties and pursue subrogation claims to recover their payouts.

Dispute Resolution:

Policyholders and insurers may refer to loss run reports to support their positions in claim disputes, negotiations, or litigation.

Evidence in Court:

Loss run reports are admissible as evidence in court to establish the history of claims, damages, and the insured’s prior knowledge of losses.

Expert Witnesses:

Insurance experts may analyze loss run reports and testify in court as expert witnesses to provide opinions on claims history and its implications.

Requesting a Loss Run Report

Policyholders have the right to request their loss run reports from their insurers. The process typically involves the following steps:

Contact the Insurer:

The insured contacts their insurance company to request a loss run report. This request is often made in writing.

Provide Necessary Information:

The insurer may require the policyholder to provide specific information, such as policy details and authorization for release of the report.

Await the Report:

The insurer generates the loss run report, which may take some time to compile, and provides it to the policyholder.

Review for Accuracy:

The policyholder should review the report for accuracy and report any discrepancies to the insurer.


Loss run reports are essential documents in the insurance industry, offering a detailed history of an insured’s claims. These reports have significant implications for risk assessment, premium determination, policy renewals, claims handling, and legal proceedings. Legal considerations, including privacy, accuracy, access procedures, and compliance with regulations, are crucial when dealing with loss run reports. Policyholders and insurers must be aware of their rights and responsibilities regarding these reports, as they play a vital role in insurance-related matters and can impact the outcome of legal disputes. Understanding the legal aspects of loss run reports is essential for all parties involved in the insurance process.

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