For example, suppose that you are insured under a claims-made general liability policy. Your policy begins on January 1, 2022, and ends on January 1, 2023. When your policy expires, you elect to renew it under the standard occurrence-based policy. Your occurrence policy runs from Jan. 1,...
Distinction between the basic types of medical professional liability insurance coverage; Problems that can accompany the purchase of occurrence coverage; Requirements of claims-made policies.JohnsonIlene DavidsonJAMA: Journal of the American Medical Association...
UNDERSTANDING CLAIMS MADE VS OCCURRENCE FORMLIABILITY Allen Financial Insurance Group http://www.eqgroup.com Assume for a moment that a Summons and Complaint arrives at your office. After an unpleasant exchange with the process server, you close your office door, shut off your phone, and begin ...
It outlines the characteristics and coverage of the occurrence liability policy where covered event must take place during the policy term and the claims-made policy where retroactive date is a negotiable term. It also notes the minimum standards for the claims-made policies and the insurance ...
a2.59. The insurance required by this Agreement shall be written for not less than limits of liability specified in the Contract Documents or required by law, whichever coverage is greater. Coverages, whether written on an occurrence or claims-made basis, shall be maintained without interruption ...
the concluding note for this article: Consider what one of the presenters voiced as his own experience in trying cases. He said that Jurors most often decide cases, including insurance cases presumably, based on answering these questions: "How will the answer to this question be good for me?
“Attorneys Jason Herman and Keith Stahl from Herman & Wells recently represented us in an insurance claim dispute over property damage. Both Jason and Keith were extremely professional in their handling of our claim. At our first appointment, they explained the process, provided us with an expect...
Using this approach, we identified an analytic cohort comprising 5,483 patients (84.2% of the preliminary cohort) with Medicare claims specifying the occurrence of cancer-directed surgical therapy (see Additional File 1).[7] We then applied a claims-based algorithm (defined a priori) to classify...
Choline alfoscerate, a cholinergic precursor with limited evidence of efficacy in dementia management, has been used for various cognitive impairments in Korea. Partly due to its insurance coverage, this agent appears to incur significant expense for the
Claims-Made vs. Occurrence Nearly all liability policies fall into one of two categories: claims-made oroccurrence. A claim made while the policy is in force triggers coverage for a claims-made policy. The insurance company is obligated to defend the policyholder and pay for the claims. The ...