Insurance policies are legal contracts. As such, they are very complicated and loaded with legal terms and precise definitions. Insurance carriers are in business to maximize profits, especially the Wall Street insurance companies. As a result, they utilize their decades of claims history and loss experience to carve out certain risks and perils from their insurance policy coverages.
General Liability insurance is important for you to own. Even if you have no office, or your employer already has a General Liability insurance policy. If you perform your services in any venue, there is a risk that your client will suffer a property loss like a stolen wallet for example and blame you.
Did you know that recently the City of Baltimore suffered a cyber attack that froze its ability to operate, including processing parking tickets? In early June of 2019, Philadelphia’s court system was attacked which froze its ability to operate.
Well, it’s that time again here in sunny June, where we go on vacation to enjoy life, get together with friends and loved ones, see the many wonders in our world, and maybe just simply recharge our batteries from our exhaustive work lives.
The purpose of insurance is to manage risk. Insurance enables the insurance policyholder to transfer certain risks, or defined causes of loss called “perils”, that are listed as being covered in the insurance policy contract issued by the insurance company.
Discussions with our insurance policyholders frequently involve some of the same issues that are top of mind. As your insurance carrier, we go where you go so your future is protected. So let’s take a look with a brief review of two important topics.
Frequently practitioners ask what to do about patient records upon patient termination, or in other words, records retention and destruction. This challenge is multi-part and not as easy as one would think.
What in the world does this question have to do with the world of insurance and risk, you would reasonably ask? It’s all about the language. At its root, language can be uplifting and powerful in a good way. Yet language can be perceived by the listener as sharp and demeaning with hurtful characterizations.
At NASW Chapter events and webinars, questions often arise from practitioners regarding teletherapy. This topic is becoming increasingly popular and frequently discussed. Patients like the flexibility and the opportunity to dialogue in therapy from the comfort of their own home, or other location, and the convenience, perhaps even while traveling.
A brief overview of proactive rules, and the common issues that the Preferra encounters when adjudicating and managing professional liability policyholder claims.
As a practitioner, have you ever felt like the tennis court net caught between two battling spouses slamming the tennis ball at each other? Eventually, and often frequently, the practitioner is hit in the crossfire by the ball.
There are two interwoven emerging risks that impact professional liability and exposure to claims and lawsuits. They are Information Technology (IT), and Social Media Internet Usage. Many articles over the past several years have discussed particular HIPAA laws and client records breaches. Here is a brief overview of the topic with some fresh practice pointers.