After exhaustively discussing every aspect of their E&O coverage, most clients are not overly eager to hear about the “other” coverage recommended, in addition to E&O. The mindset seems to be that if a coverage is not required, then it is not a coverage a client should carry. Perhaps it is the additional expense or the time it takes to learn about something new. Perhaps the client still believes “that won’t happen to me”. Regardless, there may always be an
We frequently see policies going into cancellation for failure to make the scheduled payments. For those of you who have a professional liability policy, this is a serious issue, and it is critical that you understand the impact it may have on you and your business.
It is difficult to do much business in the current environment without taking advantage of some of the conveniences afforded by technology. As businesses expand the use of time saving and efficiency-improving devices, those involved in organized crime are doing the same.
Some recent inquiries have made us aware that it may be time to review the nuances of claims-made policy forms once again. Here is how Occurrence Policies respond to claims, as opposed to how claims-made policies respond. It is important to understand the differences. Occurrence Policies This is the insurance coverage form with which most people are familiar. Most Homeowner, Auto and Commercial General Liability policies are written on an “occurrence” basis. Coverage is triggered