Insurance Rating Services: How A.M. Best, S&P, Moody’s, Fitch, and Demotech Differ Insurance rating services evaluate an insurer’s ability to meet its financial obligations — especially the ability to pay claims during both routine and catastrophic events....
Claims-Made Errors & Omissions Run-Off Policies for Accountants & Attorneys Claims-made policies need to have continuous claims-made coverage to insure their are no gaps in coverage. When a claims-made policy lapses it can end your prior acts coverage...
50 State Guide to Punitive Damages – Can My Professional Liability Policy Cover? A frequently asked question for certain firms concerns insurance protection for punitive damages. More than one firm has determined which insurance policy to choose based on whether...
Claims Made vs Occurrence – Claims Triggers Attorney Malpractice Insurance and Accountant Malpractice Insurance are written on a claims-made policy form. So when should a claim be reported and to which insurance carrier on a claims-made policy. The liability...
Accountant Selling Practice Wants to Protect Prior Acts All Accountant E&O policies sold in the US are written on a claims-made basis. In essence, once your Travelers Insurance Policy is canceled so is your coverage for past acts. The Travelers policy does...
