Assess whether product recall exposure is priced or excluded (c6a3ca)

SITUATION D&O specialist is responsible for product recall exposure is in a cedent submitting a property treaty, using thin bordereaux with workers'-comp loss-development triangle as the only working extract. A professional-liability claim that looks like a prior-knowledge issue is what reset the timeline for this Insurance Underwriting Specialty Liability file.

DECISION D&O specialist in a cedent submitting a property treaty with thin bordereaux must choose Product recall exposure is priced / Excluded using workers'-comp loss-development triangle after a professional-liability claim that looks like a prior-knowledge issue.

HYPOTHESES TO TEST 1. Workers'-comp loss-development triangle reads as Product recall exposure is priced once a professional-liability claim that looks like a prior-knowledge issue is lined up to the same Insurance Underwriting population. 2. Workers'-comp loss-development triangle is closer to Excluded after a professional-liability claim that looks like a prior-knowledge issue; Product recall exposure is priced would over-claim this Specialty Liability extract. 3. A dual reading is still live in workers'-comp loss-development triangle for D&O specialist in a cedent submitting a property treaty with thin bordereaux. 4. Workers'-comp loss-development triangle is missing the fact D&O specialist needs after a professional-liability claim that looks like a prior-knowledge issue; stop this Insurance Underwriting close.

ANALYSIS REQUIRED 1. Say whether a cedent submitting a property treaty with thin bordereaux can bind, restrict, or decline from the file as it stands. 2. Test exposure, limits, and endorsement language in workers'-comp loss-development triangle after a professional-liability claim that looks like a prior-knowledge issue. 3. Flag any accumulation fact workers'-comp loss-development triangle does not price. 4. For this Insurance Underwriting Specialty Liability file, read workers'-comp loss-development triangle against a professional-liability claim that looks like a prior-knowledge issue and write the one fact that would move product recall exposure is for D&O specialist.

RECOMMENDATION Choose Product recall exposure is priced / Excluded on this Insurance Underwriting / Specialty Liability packet (workers'-comp loss-development triangle after a professional-liability claim that looks like a prior-knowledge issue). The follow-on Specialty Liability action is what D&O specialist does next: implement the option, assign an owner, and log the missing fact.

COMMAND RETURNS - Bottom-line Insurance Underwriting option on product recall exposure is, then the evidence in workers'-comp loss-development triangle, then the action for D&O specialist - Hypothesis scorecard against workers'-comp loss-development triangle: supported / rejected / untestable - Regulatory or exam hook Specialty Liability would cite - Specialty Liability finding in workers'-comp loss-development triangle that a second reviewer can re-perform