Insurance is a highly regulated industry, and only licensed agents are permitted to provide advice regarding the purchase of insurance. This is why insurance agents are required to complete substantial continuing education requirements and examinations every two years.
This article discusses the 2026 property and casualty insurance market with a focus on professional liability insurance. This information may help you better understand pricing and underwriting when purchasing an insurance policy.
Mutual trust between the practitioner and the client is the fundamental basis of therapy. Literature searches indicate that, although challenging, the partnership between the client and the practitioner is key to client empowerment and intervention effectiveness.
There are three basic types of deductibles: no deductibles (or first-dollar coverage), flat deductibles, and percentage deductibles, which are becoming more popular. Obviously, choose the no-deductible option.
Professional liability insurance (PLI), also referred to as errors and omissions (E&O) insurance, protects professionals against negligence (duty, breach, and damages are elements of negligence), mistakes, and failures to meet industry standards of care.
Liability insurance carriers are experiencing an increasing number of state licensing board claims and lawsuits rooted in the broad categories of boundary violations and sexual misconduct.
The New Year marks the start of new and revised personal and professional goals. It is also an excellent time to complete another important initiative: conducting an insurance review. This is a security review designed to assess your risk exposures.
Practice risks come in all shapes, sizes, and forms. Some risks are severe and costly—such as lawsuits—while others are minor issues…
When you begin in your career, there is no doubt that you are deluged with many issues and challenges. High on the list of “to-do’s” is how to handle your liability risk.
Rote notes in therapy session documentation is a repetitive, “mechanical” sign of thoughtlessness —what L.L. King referred to as a ‘commercial hustle.”
The Multistate Licensing System Licensure Compact effort is accelerating and gaining significant adoption by the states. Multistate licenses are not yet being issued. However, as of the date of this writing, 15 states have legislation pending and 30 states have joined.
Home-based businesses account for over 50% of the small business population, tend to be sole proprietorships, and make up 10% of all U.S. households operating some form of full- or part-time business (Ibid).