What must be done if property is lost or stolen?

Filing a report is crucial when property is lost or stolen because it officially documents the incident and initiates the process for any potential recovery or accountability measures. This report serves as a record for future reference and can be critical for any investigations that might follow. It may also be necessary for filing claims with insurance companies if applicable.

While notifying local law enforcement and contacting the insurance provider are both important steps that typically follow the filing of a report, the initial action of formally documenting the loss is essential in establishing an official account of the incident. Conducting a team meeting to discuss safety, while valuable for general awareness and preventive measures, does not directly address the immediate need to report the loss or theft of property. Therefore, filing a report stands out as the primary and most urgent action to take.