What is a loss run report?

A loss run is a carrier-issued report listing every claim filed under a policy over a specified period — typically 3 to 5 years. Each entry shows: date of loss, claim type, paid amount, reserves (estimated future payout), open/closed status, and a brief description. New carriers require 3–5 years of loss runs from each prior carrier before they'll quote or bind a policy. Carriers are typically required by state law to provide loss runs within 10 business days of request; in NY, it's sometimes faster. Request loss runs 60–90 days before renewal so we have time to shop the market with complete claim history. We pull loss runs for our clients as part of every renewal cycle.