The process by which the company reevaluates policyholders and, as necessary, imposes surcharges, deductibles, or nonrenewal in cases where the policyholder’s claims history or other experience presents a consistent pattern that creates an undue liability risk. The process of reunderwriting may include property inspections, pulling new motor vehicle, or other reports providing current information on the insured.
***
Reunderwtriting is the process by which the profitability of a portfolio is managed and the claims that take place are duly examined for identifying the loss exposures and taking necessary correction for implementation.
Insurance Encyclopedia
Reuse
In reference to Centers for Medicare and Medicaid Services (CMS) data, a situation that occurs when a requestor from the same or different organization requests permission to use CMS data already obtained for a prior approved project.