CAR Accounting

The CAR Accounting system houses the components of a ceded policy cession record, ceded premium records, and ceded loss records. There are a number of programs that monitor and edit the successful submission of each component part.
Error Notifications provides different views of ceded policies that have an error or have been written off. It also allows the user to view summary level error information and allows the user to monitor policies with losses over $1M.
Flat Cancellation Audit is a monitoring program where CAR requests documentation be uploaded to support TX4 and TX15 cancellation transactions.
Policy History allows a user to view every ceded policy reported during the last 10 years.

Please contact Data Operations with any inquiries.

Error Notifications

CAR performs policy-based editing on all ceded policies. Using company number, policy number, and policy effective year; the edits link the cession record with the premium and loss records. Any policy that fails an accounting edit will list in the correction application.

• Error Policies
• High Loss Policies
• Net Negative Premiums
• Policy Year Error Summary
• Prem and Loss Written-Off
• Warnings and Penalties

Flat Cancellation

Flat Cancel Sample

Lists the three current effective years sampled along with the individual policies that require supporting documentation for valid flat cancellation.

Policy History

Functions to review the common, premium and loss policy history data.

• Cession
• Claim Summary
• Common
• Loss
• Premium

System Help

Policy History Manual

Printable help manual for the CAR Accounting Policy History