A ut Financial Responsibilities hor i t y Reserving • Reserves are to be established in accordance with NARS Claims Handling Timelines and based on program D requirements. Reserves should contemplate the most likely oc outcome of the claim, including anticipated expenses. um • Reserves should be re-evaluated promptly when new information ent a t i material to the anticipated value and/or costs of the claim are on received. Modifications should be made in accordance with NARSClaim Handling Timelines and program requirements. Authority to modify the reserve should be RR ese requested from the carrier via the use of a Large Loss Review s FFin pp i (LLR). onson n anan is c • The file should be documented every time it is reviewed by the bib ic i al ial lil i tit i adjuster, indicating whether the reserve is adequate or needs to esie be modified. Authority approval documents and emails should be s retained in the claim file and documented in the claim notes. Check Processing T D i ea m • There are various funding requirementswhich may be d el i l nes requiredbased on amount of reserve or payment. Account i nes s handling Instructions and/or the client contract will address & funding requirementsand should be reviewed prior to completingfinancial transactions. • At no time should a check issuer also be the check printer and/or mail processor. C us • At no time should anyone issue a check to a vendor without a t om C l i 1099 or W9, without receiving and entering the information into er ent the C3. D & et 27 a i l Confidential, Proprietary and Trade Secret Document of NARS and protected by the Florida Uniform Trade s Secrets Act, chapter 688, Florida Statutes. No use allowed unless specifically authorized.