y t i Authority hor ut A Reserving Self Insured Retention (SIR) Claims • We will allow the claim to dictate which feature(s) are to be opened, in order to remain consistent with all other claims reporting. on i t • The adjuster will open the reserve for $1.00 on SIR claims and increase the reserve a to represent Gateway’s contribution if the exposure exceeds the SIR threshold. ent um • Reserves must be modified to ultimate within the first 90 days or as soon as oc D practicable o If new information is received the adjuster is required to complete the LLR within 48 hours es o This should be driven by injury status updates i t i al l i i c b ani n ons i p F es R & s nes i nesl i d elea m D i T s l i a &et D enter i l C om t 26 us C Confidential, Proprietary and Trade Secret Document of NARS and protected by the Florida Uniform Trade Secrets Act, chapter 688, Florida Statutes. No use allowed unless specifically authorized.
NARS Playbook - Adjusters Page 25 Page 27