View Full Version : Occurrences first reported
Happy Extinction
12-23-2003, 02:17 PM
Does anyone know if the term "Occurrences first reported" is the same as what I would think of as Claims made. If so, could there be some provision for "Occurrences first discovered" or something like that?
Been There Done That
12-23-2003, 02:43 PM
Well, I can't say if it is the same as what you would think of as Claims made, now can I? But, yes, I would guess so.
Different lines of business use somewhat different terms in their forms. "Losses discovered" is typically a fidelity and surety term.
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