Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Meet Joe, a contractor seeking general liability and workers’ compensation insurance for his business. His application states that he installs residential flooring. In the Dark Insurance Company submits a quote without conducting a loss run or verifying Joe’s application. Sleeping Easier Insurance Company enters Joe’s details (name, business name and address) into a contributory loss history database and immediately discovers an open worker’s compensation claim for a back injury sustained from a high fall. The claim detail reveals that Joe has been installing exterior siding, not just laying wood floors.

Dig Deeper


Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.