Why is the FHCF requesting that a verification of exposure fluctuations be included with our Data Call submission?
For past years, the FHCF’s administrator has followed up with companies to verify significant exposure changes from the preceding to the current Data Call submission. Oftentimes it is at this point the company realizes that some exposure was omitted from their submission, and as a result, they are required to resubmit. The request for written verification, at the time of your Data Call submission, is being made this year in an attempt to help companies reduce the likelihood of having to resubmit their data. Inland Marine Endorsements Q: If I have an inland marine endorsement for personal property, do I report the exposure under homeowners or inland marine line of business? A: Companies have the option of reporting the endorsement either way. You may want to document this with your data submission and for audit purposes.
