Non-Admitted Assets
Odomirok lists: 10% of deductibles recoverable excess of collateral for high-ded policies as non-admitted.
That would lead me to believe that 90% of deductibles recoverable excess of collateral are admitted.
So why does the Web-based problem list high-ded recoverable as totally non-admitted?
See here: https://www.battleacts6us.ca/US_R13_F_010_SAP_assets.php?myID=50003300&priorDate=&record=&score=&WET=160.000000&fadeFactor=0.0001
Comments
Your Odomirok citing refers to deductible paid and recoverable by the insurance company from the policyholder. The problem lists high-deductible unpaid loss below the deductible. It is not yet paid, thus not yet recoverable from the policyholder, so it doesn't apply to this citing.