Category: Professional Liability
One of the most frustrating events in business is being served with a lawsuit. If your company has prepared for such an event, however, you should have one or more insurance policies in place that will help defray expenses.
Determining which policies apply can be difficult, as policy language is not always crystal clear. You may be able to activate one or more of the following kinds of coverage:
- Commercial general liability (CGL)
- Errors and omissions (E&O), also known as professional liability insurance
- Directors and officers (D&O)
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Since the enactment of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 nearly two years ago, corporate policyholders and industry insiders alike have anticipated its impact on the insurance industry. Among other measures, the unprecedented financial reform law mandated significant federal regulation of insurance, created generous incentives for whistleblowers that provide quality information regarding potential securities violations, imposed aggressive pe ...
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Amy Elizabeth Stewart has been invited to join the faculty of a seminar designed for architects and engineers, entitled Minimizing Engineering Liability Exposure, to be held in Arlington, Texas on July 19, 2012. Ms. Stewart will address common insurance issues arising under professional liability and general liability insurance policies in connection with claims against engineers, architects and other design professionals, including considerations in purchasing insurance, the scope of coverage under v ...
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