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#1
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Loss Adjudication Expense
Hello!
Can you kindly advise how LAE - Loss Adjudication Expense is reported on Revex page as well as the cash flow? Is LAE a loss or G&A expense? Also, is it included in loss reserves on the balance sheet for statutory filings? Thanks! |
#2
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These expenses should be reported on line 3 of Page 4 and line 3 of Page 3.
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Seth Kernodle Booke Seminars P&C Instructor |
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