Category: Policy Insights
Legal Malpractice in Intellectual Property Law: Safeguarding Clients’ Interests
Legal Malpractice in Intellectual Property Law: Safeguarding Clients’ Interests The intellectual property (IP) is among a company’s most valuable assets. In today’s fiercely competitive business…
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Builders’ Risk Insurance 101
Statistic data shows that 34% of private construction projects face financial risks, while 29% of public projects have the same fate. Meanwhile, engineering issues plague…
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Factors That Affect Architects and Engineers Professional Liability Premium
Architects and engineers do everything from designing a building to constructing it. Failure or negligence on their part can result in third-party injuries, infrastructural issues,…
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Safeguarding Home Healthcare Providers: The Power of Liability Coverage
Medical and non-medical home healthcare providers, such as home health aides and nurses, face unique challenges. First, they have to deal with the usual business…
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Navigating the Professional Liability Policy Maze: Unveiling the Importance of Policy Dates
According to the US Small Business Administration, 36% to 53% of small businesses are sued annually, while 43% have been threatened with a lawsuit. The…
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Don’t Let Your Insurance Lapse: Understanding the Benefits of Extended Reporting Periods in Professional Liability Policies
Let’s say you, a medical or law professional, had a five-year professional liability policy with an insurance company. But a claim arose after the policy…
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Factors That Influence Lawyer’s Malpractice Insurance Policy Premium
Factors That Influence Lawyer’s Malpractice Insurance Policy Premium Lawyers’ malpractice insurance or legal malpractice insurance is a coverage that protects law firms and attorneys against…
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Claims Expenses Inside the Limits of Liability (CEIL) and Claims Expenses Outside the Limits of Liability (CEOL)
Claims Expenses Inside the Limits of Liability In law, claims expenses are all costs associated with defending or making a legal claim. The expenses can…
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From Zero to Hero: A Beginner’s Guide to First Dollar Defense
When a person or a company is sued, one of the biggest concerns is the cost of legal defense. Legal fees can add up quickly,…
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Protecting Your Business from Unforeseen Mistakes: Understanding Errors and Omissions Insurance
Errors and Omissions Coverage Regardless of how well-versed or professional you and your staff may be, mistakes can still happen. That’s where E&O insurance comes…
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