Loss runs
Loss runs are the carrier-issued reports of your workers compensation claims history, the document underwriters use to price your coverage.
A loss run lists each claim, its status, and amounts paid and reserved, usually covering 3 to 5 policy years. Any carrier or PEO quoting your workers compensation will ask for them, and any carrier or PEO you are leaving is the party that must produce them.
Inside a PEO master policy, your claims live on the PEO’s policy, which makes loss runs the document to secure before you need them. Request client-level loss runs annually while the relationship is healthy, and make timely delivery of final loss runs an explicit exit obligation in the service agreement. Companies that skip this discover at renewal season that they cannot prove their own claims history to a new underwriter.