Whether to non-renew a deteriorating book segment from D&O claims-made notice

Situation

D&O claims-made notice and prior-acts history arrived with a fleet fatality in the last 90 days for umbrella referral underwriter. That is a Insurance Underwriting Core Commercial Lines decision on to non-renew a deteriorating in a chemical distributor seeking pollution coverage.

Decision

Umbrella referral underwriter in a chemical distributor seeking pollution coverage must choose Bind / Restrict / Decline / Hold using D&O claims-made notice and prior-acts history after a fleet fatality in the last 90 days.

Hypotheses to test

• D&O claims-made notice and prior-acts history reads as Bind once a fleet fatality in the last 90 days is lined up to the same Insurance Underwriting population.
• D&O claims-made notice and prior-acts history is closer to Restrict after a fleet fatality in the last 90 days; Bind would over-claim this Core Commercial Lines extract.
• Decline is still live in D&O claims-made notice and prior-acts history for umbrella referral underwriter in a chemical distributor seeking pollution coverage.
• D&O claims-made notice and prior-acts history is missing the fact umbrella referral underwriter needs after a fleet fatality in the last 90 days; stop this Insurance Underwriting close.

Analysis required

• Test exposure, limits, and endorsement language in D&O claims-made notice and prior-acts history after a fleet fatality in the last 90 days.
• Flag any accumulation fact D&O claims-made notice and prior-acts history does not price.
• Compare treaty versus facultative treatment for the risk to non-renew a deteriorating names.
• For this Insurance Underwriting Core Commercial Lines file, read D&O claims-made notice and prior-acts history against a fleet fatality in the last 90 days and write the one fact that would move to non-renew a deteriorating for umbrella referral underwriter.

Recommendation

Choose Bind / Restrict / Decline / Hold on this Insurance Underwriting / Core Commercial Lines packet (D&O claims-made notice and prior-acts history after a fleet fatality in the last 90 days). Lead with the Insurance Underwriting option D&O claims-made notice and prior-acts history can support after a fleet fatality in the last 90 days, then the two facts that force it, then the Monday action for umbrella referral underwriter in a chemical distributor seeking pollution coverage.