Many people are concerned after they report a potential claim or incident the malpractice insurance company’s claims department sends them a Reservation of Rights Letter. This is a standard procedure for most malpractice claims departments. The...
One of the most asked questions is what is an “Innocent Insured Clause”. The purpose of an Innocent Insured Clause is to provide coverage for individuals that are members of the firm for deliberate acts that normally would be excluded...
1st dollar defense (FDD) is sometimes called a Loss Only Deducible. What ever the name the meaning is the same. Certain professional liability insurers for attorneys and accountants offer this coverage. With FDD the insured is only responsible for the deductible if...
Every year, year after year you are required to fill out a new application. It is enough to make you scream. Accountants and Attorney Malpractice Insurance carriers generally want an updated application every year. Business Owners, Workers...
Much has been made about the April 12 US Court of Appeals decision in Travelers vs Portal Healthcare Solutions where the court found that the Travelers Commercial General Liability policy (CGL) did not exclude coverage for data breach. Portal Healthcare...
