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Learn about CLUE reports, how they work and why they’re important when buying home or auto insurance. Get tips on how to get a copy and use the information.
It's called the "CLUE" report, which stands for "Comprehensive Loss Underwriting Exchange," and essentially, it's a database keeping track of every insurance move you make.
Continue reading → The post Comprehensive Loss Underwriting Exchange (CLUE) appeared first on SmartAsset Blog. Or maybe you've felt that your auto or home insurance premiums are higher than usual.
Clue (mobile app), a menstrual health app developed by BioWink GmbH; Clue cell, a type of vaginal cell; Cluster Exploratory, or CluE, a National Science Foundation-funded research program; Comprehensive Loss Underwriting Exchange, a insurance claim tracking service
The Public Safety Data Exchange (PSDEX) is a contributory database that of more than 1,300 law enforcement agencies across the U.S. that was created by LexisNexis Risk Solutions. PSDEX helps its participants solve crimes, identify threats and anticipate future threats.
Filing a claim may result in an increase in rates, nonrenewal, or cancellation. In addition, insurers may share the claim data in an industry database (the two major ones are CLUE and A-PLUS [18]), with Claim Loss Underwriting Exchange (CLUE) by Choicepoint receiving data from 98% of U.S. insurers. [19]
[citation needed] The company also had a division selling specialist credit information to the insurance industry but spun off this service, including the Comprehensive Loss Underwriting Exchange (CLUE) database as ChoicePoint in 1997. [15] Equifax formerly offered digital certification services, which it sold to GeoTrust in September 2001. [16]
The underwriting loss narrowed in 2023 to $16.9 billion, but S&P Global Ratings expects another year of red ink in 2024 before premiums once again exceed costs in 2025. The insurance industry ...