Sentences with phrase «claim exposure»

There is the potential for claims exposure (and on the flip side, lack of protection for the public) where uninsured lawyers undertake work for members of the public.

Professionals whose claim exposure can continue for many years after retirement should be especially sensitive to the availability of long discovery periods.

Buffett and BRK could surprise me here, but delays in informing about shifts in claim exposure are a part of longer - tailed lines of insurance, and difficult to estimate.

While it is certainly true that conveyancing firms can have larger claims exposures due to the value of real estate in Ontario, almost all legal work can have exposure to large value claims.

With Retroactive insurance, typically you are rescuing another insurer from some claim exposure that threatens their existence.

Breed rating is driven by claims exposure.

Structuring relationships with lawyer - colleagues: What are the claims exposure implications?

While you are thinking about your claims exposure, you may also want to review your history of providing services that fall outside the ambit of your LAWPRO coverage — for example, acting as a director on a client's board of directors, acting as an estate trustee, managing private mortgages, or serving as an intellectual property agent.

For solo and small firm lawyers, limiting the claims exposure of your estate also means having a contingency plan ready in case, whether due to death, illness, or any other cause, you can't continue acting for clients.

You can significantly reduce your claims exposure by confirming in writing the information your client provides to you, your advice to the client, the client's instructions to you, and what steps were taken on those instructions.

No doubt, these changes will bring new risks and claims exposures, and in a broader context, new and interesting policy and coverage options and issues for the LAWPRO program.

Please use these booklets to gain a greater understanding of your claims exposures, and how you can be proactive to reduce the likelihood of, or even avoid, a... Read More»

Take some proactive steps to address these types of claims as it is your best opportunity to reduce your claims exposure.

You can significantly reduce your claims exposure by documenting your work: