Summary: Claim Run Report for Palm Beach County Board of County Commissioners

This document is a Group Claim Experience report for Policy 760741 issued to the Palm Beach County Board of County Commissioners by Standard Insurance Company, covering the period from January 1, 2022, through March 31, 2026. The report details insurance claims across multiple coverage types, including Term Life Insurance (both Accidental Death & Dismemberment and basic term life), Dependent Life Insurance, Short-Term Disability, and Long-Term Disability benefits. The claim run encompasses 760 individual claims processed during the reporting period, with claims categorized by coverage type, product code, claimant demographics, incurred dates, approval dates, and benefit payment information.

The report reflects total benefit payments of $3,915,232.65 across all coverage categories, with Short-Term Disability (ST) representing the largest claims volume at $1,404,513.21, followed by Long-Term Disability (LT) at $1,145,719.44, Term Life Insurance products at $1,025,000.00, and supplemental coverages representing the remainder. The document provides detailed transactional data including individual claim numbers, claimant names identified by initials and gender, birth dates, claim incurred and approval dates, term dates, and specific benefit amounts paid per claim and cumulatively per claim. Pending claims as of the report date total $68,481.88 in Long-Term Disability benefits. This comprehensive claims experience data serves as the actuarial basis for evaluating the group insurance program's performance and costs throughout the four-year contract period.