Work on a new claim begins for the claim representative upon receipt of the notice of loss. The representative obtains initial information and verifies coverage. Next, the representative should

Work on a new claim begins for the claim representative upon receipt of the notice of loss. The representative obtains initial information and verifies coverage. Next, the representative should



A. Set a loss reserve.
B. Make an offer to settle the claim.
C. Retain causation experts.
D. Assign the claim to defense counsel.


Answer: A. After the claim representative receives notice of a loss, obtains initial information, and verifies coverage, a loss reserve for that claim should be established.

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