Which type of data is NOT typically collected in loss data records?

In loss data records, the primary focus is on the details directly related to the occurrence and impact of specific losses. Categories of loss, names of injured parties, and causes of loss are critical components that help in analyzing and understanding the nature of the losses an organization may incur.

The category of loss helps classify the type of incident (e.g., property damage, bodily injury), while knowing the name of the injured party is essential for liability and claims analysis. Additionally, documenting the cause of loss is vital for identifying trends and preventing future incidents, allowing organizations to implement corrective measures effectively.

On the other hand, the involvement of the insurance company, while important for claims processing and management, is not typically included in the core data collected for loss records. This information is often recorded separately in insurance documentation and is more relevant for understanding coverage and financial relationships rather than the specifics of the loss itself. Therefore, it is accurate to state that the insurance company involved is not a standard element found within typical loss data records.