Total incurred is $212,480 against a $240,000 reserve — release $27,520.

Indemnity paid is $196,300 across four payments, expense is $16,180, and there are no open recoverables. The mortgagee endorsement was satisfied on the second payment; the file has the endorsed draft.

The release covers the dwelling and contents claims but omits ALE, which was paid separately and is not referenced anywhere in the document. Add it. The general release language is otherwise standard and includes the known-and-unknown clause.

One thing for you: the release names only the insured, not the spouse listed on the declarations page. Both should sign, or we are leaving a claim open.