Question

Do insurance companies report claims to each other?

This interesting question is from Insurance subject

The question was asked during an internship interview.

Other related questions to my question are:

Do insurance companies share information about claims?

Do insurance companies share data with each other?

Do insurance companies cross check claims?

Do insurance companies check for previous claims?

Do health insurance companies talk to each other?

What happens if you have multiple insurance claims?

Answer 1

Correct answer is: Yes, insurance companies share claims history with each other using databases such as C.L.U.E., which is run by Lexis Nexis and contains claims data from more than 99% of car insurance companies. Insurers can check a driver's claims history using C.L.U.E. if the driver wants a quote.Aug 17, 2021

The title of my answer can be CLUE Report Guide

My answer's reference is WalletHub