December 28, 2020 | Daily Business Review
Is an Additional Insured Entitled to a Loss Run Statement?According to the Florida Senate's bill analysis and fiscal impact statements, the legislation is intended to create a "statutory framework regarding when and how insurers are required to provide loss run statements to insureds," with the expectation that same may possibly "help consumers with favorable claim histories to obtain insurance at a lower premium."
By Nicole D. Gould and Daniel C. Shatz
5 minute read
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