Known Issue 445
Coverage D limits are applied for CB (combined, excluding time) type limits if they are coded.
Issue ID | 445 |
Summary | Coverage D limits are applied for CB (combined, excluding time) type limits if they are coded. |
Description | CB (combined, excluding time) type limits are designed to limit losses from coverages A, B, and C, but not from coverage D. If values are accidently entered for the coverage D limit (time limit/limit4) then these are applied on the coverage D loss. |
Resolved in | Future Verisk Synergy Studio release |
Date posted | 5/20/2025 |
Software versions affected | 12.2, 12.0, 11.5, 10.0 |
Feature set | Detailed loss |
Models | |
Potential for loss numbers impact | Yes |
Workaround | Clients can avoid this behaviour by removing any values from the coverage D limit (time limit/limit 4) for CB type limits. |