When considering needed liability limits often overlooked are claims expenses. This could leave an insured dramatically underinsured. Given the right set of circumstances, claims expenses can easily exceed $100,000. So, what are claims expenses? The current AIG policy...
The majority of people think all insurance works like your homeowners, auto, business owners and workers compensation insurance policies which are written on an occurrence policy form. With these occurrence policies the insurer on the risk at the time the...
Knowing what is and is not a coverage illusion in a legal malpractice policy helps determine your other insurance needs.Protecting the ‘business side of the law,’ the firm needs business owners, workers compensation, and cyber insurance. But these...
Preparing Your Client Before Their Deposition Tips OffThis March, between filling out your tournament bracket and watching the first round upsets, consider these Elite Eight tips as you prepare your clients for their depositions. After all, the best offense is a...
There is no standardization for Attorney Malpractice Insuring Agreements. The insuring agreement might also be called “Defense and Settlement” or a similar name. This plus the “Additional Coverages” sections gives the policy intent. Key...