In most situations, all claims are not closed until many years after a period ends. At that point, it is unlikely another claim will be reported. However, a program with a small volume of loss may show all claims as closed soon after the period ends. When this happens, Loss Forecaster will show a factor of 1.000 even though there is some potential another claim will be reported. Loss Forecaster does allow the user to override the development factors. If you feel there will be additional development for a recent period, then you can use a factor greater than 1.000 to capture that potential.
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