Unfavorable Activities
This type of pend is set when a nonrenewal action is processed to prevent the policy from billing.
What is a 10 pend?
The two coverage codes which represent Liability coverage losses.
What are A and B?
The two F keys used to access the screens where dates of coverage can be confirmed.
What are F5 and F6?
The acronym PREPI stands for this.
What is Pre-Policy Issuance?
The job level responsible for reversing adverse actions.
What is underwriter?
These three states may require a loss history to accompany certain adverse action letters.
What is Connecticut, Illinois, and Louisiana?
The coverage code C represents this type of coverage.
What is Medical Payments?
Three inactive status codes which may be found in the F5 screen of a policy.
What are 11, 12, 14, 15, 16, 18, 19, or 27?
Two of the three methods to bind an application.
What are collecting payment, providing an effective date, or signing the application?
A standard offer being made indicates coverage is available in one of these 3 companies.
What are State Farm Fire and Casualty, State Farm Guaranty, or State Farm County Mutual Insurance Company of Texas?
These 5 states require any refund check to be mailed alongside their cancellation letters.
What is Arizona, Kansas, Minnesota, New Hampshire, and Oklahoma?
Loss history information is most frequently required by this other party?
What is another carrier?
This type of court frequently requires a proof of insurance letter to be presented when a ticket has been issued.
What is a traffic court?
The acronym ACRQ stands for this.
What is Auto Commercial Rate Quote?
The three-digit transaction code that indicates a policy was cancelled for non-payment.
What is 232?
The Withdraw Offer to Reinstate, or 711, letter is withdrawing the offer of reinstatement that was included in what other document?
What is the non-pay cancellation notice.
What are New York and Montana?
These two states have the longest turnaround requirements for their letters.
What are Kentucky and North Dakota?
This document number sent by underwriting acts as approval to transfer a policy from Mutual company to Standard company.
What is A-49 letter (and its variations)?
The acronym SMO stands for this action which can be taken unilaterally by State Farm.
This unusual type of underwriting action is taken in order to fully void a policy back to its inception, effectively treating the policy as if it never existed.
What is a rescission?
These two states require our loss histories to include the facts of any losses.
What are Illinois and Montana?
When multiple consecutive termination dates are present without any reinstatement dates between them, this term date is when coverage actually ended.
What is the earliest termination date?
This state does not have a non-bind process.
What is North Carolina?
The only two scenarios where USU can create an updated LoE displaying a different name and/or address than a letter previously produced.