[[Actuarial Notes Wiki|Wiki]] / [[Exam 5 (CAS)]] / **Claims Coding Changes** ## Definition ==Claims Coding Changes== refer to modifications in how claims are classified, categorized, or coded in the claims system, which can affect loss development patterns and reserve estimates. ## Examples - New claims system implementation - Revised classification codes - Changed coverage definitions - Updated claim types - Different loss categories ## Impact on Reserving - Historical patterns may not apply - Development factors may shift - Comparability issues - Need to adjust or segment data ## Related Concepts - [[Claims Processing Changes#Definition]] - [[Berquist-Sherman Method#Definition]] ## References - Friedland, Chapter 1