What is the reason Sola does not report to CLUE?

The reason Sola does not report to the Comprehensive Loss Underwriting Exchange (CLUE) is that they use their own policy forms and perform their own underwriting. This approach allows Sola to operate independently of the standard systems and reporting practices that many insurance companies adhere to, including those related to CLUE.

By crafting their own policy forms, Sola can tailor their coverage options to better meet the needs of their customers, which can also include unique underwriting practices that may deviate from industry norms. This independence from standardized practices such as those associated with CLUE means they do not contribute to this centralized database that tracks claims history across multiple insurers. This decision could be a strategic choice to maintain unique business practices or to manage the claims process differently than what is typically shared among insurers.

In contrast to this, options related to state regulations, resource sufficiency, and claims handling preferences do not directly address the specific operational choice regarding reporting and the use of standardized forms and underwriting practices.