Losses Outstanding

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Losses Outstanding

In insurance, legitimate claims that an insurer has not paid to a policyholder.
References in periodicals archive ?
The award recognizes those with outstanding loss control, safety and return-to-work programs and is open to companies of all sizes in all industries.
Its industry-leading claims management model, called Workers' Compensation with Care, coupled with outstanding loss prevention services and ability-based return to work programs has produced lower insurance costs and competitive rates for more than 2,000 policyholders.
At the same time, the Company was able to finalize, and pay, the remainder of the outstanding loss payments from hurricanes Katrina and Rita.
Eventually, the early-warning system resulted in a reduction of outstanding collateral by $5 million and a reduction in outstanding loss reserves by $2 million.
The outstanding loss was no more than pounds 18,000 but the judge said he was quite sure that but for the fact that the investigation had nipped the fraud in the bud, it would have been greater.
Sentencing was adjourned for a week for details of the outstanding loss to finance companies, because of the frauds, to be established.
77, PNC currently maintains an outstanding loss of $1,590.
A C&G spokeswoman said: "We feel there is a capacity to repay the outstanding loss.
In other words, the number of outstanding Loss shares would still be 150.
In addition, ASIC's balance sheet is further protected by an adverse development cover for its outstanding loss reserves as of December 31, 2008.
Its industry-leading claims management model, called Workers' Compensation with Care, coupled with outstanding loss prevention services and ability-based Keep at Work programs has produced lower insurance costs and competitive rates for policyholders across the state.
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