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A loss run is a document that records the history of claims made against a commercial insurance policy. It is analogous to a credit report. A loss run report will include information including the date of the claim, the amount paid, and a description of the event. Generally, a loss run will record 5 years of history. [1]
Research from real estate data aggregator Attom shows through the first half of 2024, Nevada was fourth in foreclosures nationwide, with 0.19% of homes in active foreclosure, ranking behind New ...
Probable maximum loss (PML) is a term used in the insurance industry as well as commercial real estate. Although the definition is not consistent across the insurance industry. [ 1 ]
HomeServices of America is the United States' largest residential real estate services company, based on closed transactions. The company provides real estate brokerage services, mortgage loan origination, franchising, title insurance/escrow and closing services, home warranties, property insurance, casualty insurance, and relocation services.
A Comprehensive Loss Underwriting Exchange report — commonly called a CLUE report — details personal property and auto insurance claims dating back up to seven years.
An independent USPAP-compliant appraisal serves as proper proof of loss in a diminished value claim. In hit and run, uninsured or underinsured motorist situations, a number of states allow the car owner to make a diminished value claim with their own insurance company under their Un/Underinsured Motorist Property Damage policy. [1]