Statutory Accounting Principles Working Group
Ref #2018-38. Ref #2018-38 ... In most instances, the covered or insured event is the occurrence of an incident which gives rise to a claim or the incurring of costs. For claims-made type policies, the covered or insured event is the reporting to the entity of the incident that gives rise to a claim. ... ss Adjustment Expenses and Claim ... ................
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