Thursday, March 21, 2024 Attorney malpractice insurance uses a claims-made policy form. This is an important concept when considering reducing coverage limits. Unlike an occurrence policy form where the policy form used to settle a claim is when the act occurred. READ MORE >>
Wednesday, March 20, 2024 Question from Attorney: I am still looking at alternatives for renewing my Lawyers Liability coverage and cannot get firm terms until I get Insurance Carrier Loss runs from my incumbent insurer. If I am a “few” days late renewing coverage is that going to be a problem? READ MORE >>
Tuesday, March 19, 2024 As an attorney, you might feel like you are putting out fires every day, all day. But what about when you find yourself caught in the blaze? If you made a mistake that may warrant a malpractice claim or grievance – stop, drop, and roll. READ MORE >>
Friday, March 15, 2024 Both admitted and non-admitted insurers write the policy, accept the risk, and pay the claims. From the premiums collected and invested the insurer pools the premiums for claims and expenses associated with running an insurance company. So, what is the difference between an admitted and non-admitted insurer? READ MORE >>
Friday, March 15, 2024 We at McGowanPRO are pleased to announce the tenthepisode of our new podcast, RiskyRecords! RiskyRecords is a video podcast that discusses risk management topics for accounting firms with special guests from the legal, accounting, and insurance professions. READ MORE >>
Thursday, March 14, 2024 Policy forms and premium are important when selecting a Professional Liability Insurance policy. But Attorneys or Accountants should be concerned about selecting a strong malpractice insurance carrier. Insurance carrier AM Best Ratings only tell part of the story. The structure and backing of insurance carriers are not always equal. READ MORE >>
Monday, March 11, 2024 Careful planning by an attorney may save the attorney thousands of premium dollars when contemplating retirement (leaving private practice). Not all insurers offer a retirement tail (ERP or Extended Reporting Period Endorsement). Purchasing the same coverage may cost over 3 times the expiring premium. READ MORE >>
Tuesday, March 5, 2024 A critical aspect of the practice of law is managing risk, not just for your clients but for yourself. Risk management begins at the outset of the representation and should continue until the representation concludes. READ MORE >>
Friday, March 1, 2024 Business Owner Policy or BOP is a type of business insurance. It is a basic policy providing the most common types of coverage most businesses need. Purchasing a BOP plan makes sense for many companies because combining these commonly needed policies can significantly reduce costs. READ MORE >>
Wednesday, February 28, 2024 Easy to Register Easy to Attend After Registering you will receive a confirmation email containing information about joining the Webinar CLE APPROVALS This course is approved for 1 ethics credit in CO, FL, GA, HI, IA, IL, IN, KY, LA, MN, MS, MT, ND, NM, NV, OK, SC, TN, TX, VA, WA, WY. READ MORE >>
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