Call 855-808-4530 or email [email protected] to receive your discount on a new subscription.
Medical professionals frequently carry claims-made, not occurrence-type, insurance. With occurrence policies, injuries suffered at the hands of the insured are covered if they occur during the policy period. With a claims-made policy, the insured is entitled to defense and indemnification of a claim if the claim is lodged during the term of the policy, even if the injury complained of happened years before the policy went into effect. However, if the insured drops his claims-made insurance and is sued three years later, his insurer will disclaim liability even if the injury occurred during the term of the policy.
The terms of the policy will determine the period in which such notice of a claim having been made may be given to the insurer. If the policy is what is known as a “pure claims-made” policy, notice of the claim to the insurer must generally be given “as soon as practicable.” This can be during the policy period or, arguably, any time thereafter. The more common type of policy is of the type known as “claims-made and reported.” Under this type of policy, the insured must report a claim against it within certain time periods, such as “during the policy period” or “within 90 days of the end of the policy period.”
ENJOY UNLIMITED ACCESS TO THE SINGLE SOURCE OF OBJECTIVE LEGAL ANALYSIS, PRACTICAL INSIGHTS, AND NEWS IN ENTERTAINMENT LAW.
Already a have an account? Sign In Now Log In Now
For enterprise-wide or corporate acess, please contact Customer Service at [email protected] or 877-256-2473
There is no efficient market for the sale of bankruptcy assets. Inefficient markets yield a transactional drag, potentially dampening the ability of debtors and trustees to maximize value for creditors. This article identifies ways in which investors may more easily discover bankruptcy asset sales.
A federal district court in Miami, FL, has ruled that former National Basketball Association star Shaquille O'Neal will have to face a lawsuit over his promotion of unregistered securities in the form of cryptocurrency tokens and that he was a "seller" of these unregistered securities.
Why is it that those who are best skilled at advocating for others are ill-equipped at advocating for their own skills and what to do about it?
Blockchain domain names offer decentralized alternatives to traditional DNS-based domain names, promising enhanced security, privacy and censorship resistance. However, these benefits come with significant challenges, particularly for brand owners seeking to protect their trademarks in these new digital spaces.
In recent years, there has been a growing number of dry cleaners claiming to be "organic," "green," or "eco-friendly." While that may be true with respect to some, many dry cleaners continue to use a cleaning method involving the use of a solvent called perchloroethylene, commonly known as perc. And, there seems to be an increasing number of lawsuits stemming from environmental problems associated with historic dry cleaning operations utilizing this chemical.