13 of 14 declared checks pass. 1 still open, the nearest naming docs/legal/wording-shared.md. One of those files has never been committed to. 5 further items wait behind it in Legal Standardization.
The wording itself is finished: the endorsement form, the cuts, the discharge mechanism, and the tape/brake-not-engine reading all hold, and named carriers already have the specimen in hand with real confirmed opens. The one thing not true is that none of them has said anything back about the wording yet — 13 of 14 checks pass, and the 14th is the only one that isn't ours to close by writing.
■ next check: a carrier has commented on the wording — docs/legal/wording-shared.md
It rests on A1 (the negative warranty already declared) and is the last thing standing between a finished specimen and B2, closing the policy perimeter — the perimeter can't close on wording nobody outside this building has reacted to.
after A1 🧱 Declare negative warranty (done)
unlocks B2 🩹 Close policy perimeter
Not a file to write first — a reply. One of the named carriers on the outreach log has to comment on the specimen wording; once that happens, record it in docs/legal/wording-shared.md.
never committed to: docs/legal/wording-shared.md
Read more — why this list exists, its edges, and all 14 checks →
Technical boundaries are useless to capital until they are translated into financial constraints. This vector maps the precise surface area of our Errors and Omissions liability. We are systematically drafting a narrow-channel posture specification that defines exact exclusions, prices expected losses, and hard-caps tail risk. The output is a standardised actuarial docket — a self-contained liability asset that allows a carrier-side syndicate to confidently price and bind the risk without requiring a single manual underwriting meeting.
how to read it · This track converts a measurement into a price, and the order is the argument. You cannot price an expected loss before you have said what is excluded, and you cannot cap a tail before you have priced the body. The exclusions and the wording are written and guarded — the language fence is a red test, so overclaiming vocabulary cannot ship. The break is at the D phase: everything up to pricing exists as computed artifact, and nothing has been handed to a counterparty who could disagree with it. Arming the underwriter is the hinge, and binding the first policy is the only line here that requires another party to sign.
← technical Takes the measurement and refuses to overclaim it. The language fence exists because the technical result is narrower than the market wants it to be, and the honesty is the asset.
→ commercial Hands over the docket — the thing that lets a syndicate price without a meeting. This is what the commercial track is actually carrying into the room.
← commercial Receives objections. Every friction the market surfaces comes back here as a wording change, an exclusion, or a cap; that return path is the only reason cold objections are worth collecting.
✓ Specification the narrow-channel spec exists — docs/architecture/narrow-channel-posture-spec.md
✓ Specification it is substantial, not a stub — docs/architecture/narrow-channel-posture-spec.md
✓ Specification it engages the competing standard — docs/architecture/narrow-channel-posture-spec.md
✓ Specification a complete endorsement form exists, not only a warranty clause — docs/legal/endorsement-cy-2026-det-continuous-state-verification.md
✓ Specification what was cut from the draft, and the reason for each cut, is on the record — docs/legal/endorsement-cy-2026-det-continuous-state-verification.md
✓ Specification the condition precedent is discharged by a record the payer can recompute — burden on the insured, the consequence is coverage and never a presumption of negligence (a coverholder is never left defending a trigger the syndicate cannot recompute) — docs/legal/endorsement-cy-2026-det-continuous-state-verification.md
✓ Specification the wording sells a tape, never a brake or an engine — the endorsement and the LOI read clean under the ENGINE / SAFETY_PROOF / BRAKE families — scripts/voice/behavior-promise.mjs
✓ Execution the signals hold at every altitude — tests/pmu-simulator/insurability-all-altitudes.test.mjs
✓ Execution the glossary is guarded — tests/pmu-simulator/glossary.test.mjs
✓ Market named carriers are on the outreach log — .thetacog/outreach-log.ndjson
✓ Market real opens are confirmed by the provider — read from the arbiter's synced mirror, never the ndjson that froze on 2026-07-21 — data/thetacoach.db
✓ Market a wording team can read the specimen before a call, without asking us for it — public/legal/endorsement-cy-2026-det.html
✓ Market the market's answer this week was a wording, not an argument — the exclusion and the pause letter are read in public as one demand for the receipt (the motion to nerf the bow, named, never argued with) — src/content/blog/2026-09-13-two-banks-one-ledger.mdx
○ Market a carrier has commented on the wording — docs/legal/wording-shared.md
↓ the whole Legal Standardization list · ↓ this rung in the sequence · reading written by claude-sonnet-5, after the counts and never inside them