Final answer:
The CLUE (Comprehensive Loss Underwriting Exchange) report is used by insurance companies to track insurance claims and assess the risk of insuring individuals or property.
Step-by-step explanation:
The report created from a database that insurance companies use to track insurance claims is known as the CLUE (Comprehensive Loss Underwriting Exchange) report. This report provides a history of claims on a person's home or vehicle over the past five to seven years. It's used by insurers to gauge the risk of insuring a particular individual or property and helps in deciding the insurance rates. Individuals purchasing car insurance may be aware of their personal risk factors such as being a high-risk driver, much like someone purchasing life insurance might have knowledge of their family health history. However, insurance companies may have difficulty accumulating this level of detailed information without a report like CLUE.