Not reporting property insurance small claims makes sense. With a property claim you generally know with great certainty the amount of damages quickly. If the property claim is below or right around your property claims deductible, then handle the claim. Problem...
Insurers increasing offer pre-claims assistance. This valuable tool is often overlooked. Check with your agent to make sure your insurer has this coverage.When confronted with a situation that might result in a malpractice claim, most lawyers,...
When cyber-attacks hit big businesses, expensive problems can result, but the company may be able to absorb the costs.Small firms are in uncharted territory after a cyber-attack. On average, a cyber-attack can cost them anywhere from $120,000 to $1.24 million....
Attorney malpractice insurance uses a claims-made policy form. This is an important concept when reducing coverage limits. Unlike an occurrence policy form where the policy form used to settle a claim is when the act occurred. With a claims-made form the policy...
When a two attorney firm splits, the best approach for the firm is to Purchase an Extended Reporting Period Endorsement (ERP/Tail) at the time the split occurs. The ERP is made part of the old firm’s last Attorney Malpractice Policy extending the reporting...
