Customer receives loss assessment from condo association regarding Hurricane Wilma damages. Assessment is submitted to insurance carrier; the date of the loss assessment is March 1, 2007. The date of the actual loss is 10/24/05, related to hurricane Wilma. The date of loss of the claim is set up at the insurance company for 3/1/07 and the policy is in effect for that time. The insurance carrier submits claim to CAT Reinsurance for money back.

The reinsurer's auditor disputes that they owe for the assessment since the date of loss was not during the policy period. Question:

Do they owe for it with a date of loss of 3-1-07 even though the loss assessment was for Wilma?