Sentences with phrase «insurance against errors»
Other covers may include insurance against errors and omissions for professionals, credit insurance etc..
https://www.policybazaar.com/ Not exact matches
• Also known as errors and omissions insurance, professional liability insurance protects your business against malpractice, errors, and negligence in service provided to your customers.
Most businesses (whether incorporated or not) carry insurance to protect against damage claims for negligence, such as errors and omissions insurance and general liability coverage.
Third, fiscal policy must be prudent by including a reasonable amount of «insurance» to guard against forecast error and the impact of unforeseen events and necessary policy actions.
As an insurance against bias in the collection and error in the consideration of facts, Bacon warned men against his four famous Idols, false notions of things, erroneous ways of looking at Nature.
Title insurance protects a buyer against any errors in the title of the property.
The exact definition of professional liability insurance varies depending on the professional being insured; but in general, it protects you against «errors and omissions» that occur when rendering professional services.
My view is that ultimately it's a waste of mental energy, since we've already got enough certainty to know that it's a good idea to take out an insurance policy against the worst - case scenario — and by the time you've got the hindsight to have «no error bars,» it's already too late to do anything about GHGs:
From 1990 to 2004, he was a staff lawyer with the LSBC's insurance fund and responsible for the defense and management of errors and omissions claims made against B.C. lawyers.
In doing so, many noticed that some lawyers were either not purchasing errors and omissions insurance, or were under - insured, resulting in clients being unable to collect on losses they suffered as a result of successful lawsuits against lawyers.
In claims against professionals, such as claims against solicitors for errors that they have made when running your personal injury claims, Truth Legal may offer you a No Win, No Fee agreement to pursue your claim, if you do not have the benefit of Legal Expenses Insurance.
Our specialized expertise in insurance defence includes errors and omissions claims against Insureds in a variety of professions including the securities industry, claims against Directors and Officers, legal expense insurance claims, performance and labour and material payment bond claims, and acting as class action defence counsel.
His diverse experience also includes: directors» and officers» liability coverage and litigation; cyberinsurance coverage; ERISA litigation; commercial arbitration; FINRA arbitration; aviation litigation; fiduciary litigation; claims related to stock purchase agreements; EMTALA investigations; and defending errors and omissions claims against insurance agents and brokers.
(a) extend the professional responsibility mandate of the Nova Scotia Barristers» Society to include capacity; (b) alter the composition of the Council of the Nova Scotia Barristers» Society; (c) add the Lawyers» Assistance Program to the mandate of the Lawyers» Insurance Association of Nova Scotia; (d) establish a Fitness to Practise Committee and a Credentials Appeal Panel; (e) protect the confidentiality of complaints against a lawyer; and (f) correct typographical and grammatical errors.
Professional Liability Insurance, also known as Directors and Officers Liability, Malpractice Liability, or Errors and Emissions Liability, protects professionals from liability against claims arising from violation of good faith and fair dealing, misrepresentation, negligence, and inaccurate advice as a professional.
Whereas the Lawyers» Insurance Association of Nova Scotia (LIANS) insures lawyers against losses arising from certain errors or omissions during practice, the Lawyers» Fund for Client Compensation covers eligible losses arising from a lawyer's theft or fraud.
Allen's representative work includes the successful defense of a multi-million dollar insurance coverage and rescission suit by Lloyd's of London; dismissal of a six - figure claim for retroactive premiums against the St. John Community Development Center; summary judgments (affirmed on appeal) against Essex Insurance Company and Liberty Mutual Fire Insurance Company for breach of their respective insurance contracts; trial verdicts against Allstate Fire and Casualty Insurance Company and Liberty Mutual for insurance bad faith; and numerous confidential five, six, and seven figure settlements reached in insurance disputes of all types (including residential and commercial property, commercial general liability, auto liability, errors and omissions, negligent procurement, and insurer bainsurance coverage and rescission suit by Lloyd's of London; dismissal of a six - figure claim for retroactive premiums against the St. John Community Development Center; summary judgments (affirmed on appeal) against Essex Insurance Company and Liberty Mutual Fire Insurance Company for breach of their respective insurance contracts; trial verdicts against Allstate Fire and Casualty Insurance Company and Liberty Mutual for insurance bad faith; and numerous confidential five, six, and seven figure settlements reached in insurance disputes of all types (including residential and commercial property, commercial general liability, auto liability, errors and omissions, negligent procurement, and insurer baInsurance Company and Liberty Mutual Fire Insurance Company for breach of their respective insurance contracts; trial verdicts against Allstate Fire and Casualty Insurance Company and Liberty Mutual for insurance bad faith; and numerous confidential five, six, and seven figure settlements reached in insurance disputes of all types (including residential and commercial property, commercial general liability, auto liability, errors and omissions, negligent procurement, and insurer baInsurance Company for breach of their respective insurance contracts; trial verdicts against Allstate Fire and Casualty Insurance Company and Liberty Mutual for insurance bad faith; and numerous confidential five, six, and seven figure settlements reached in insurance disputes of all types (including residential and commercial property, commercial general liability, auto liability, errors and omissions, negligent procurement, and insurer bainsurance contracts; trial verdicts against Allstate Fire and Casualty Insurance Company and Liberty Mutual for insurance bad faith; and numerous confidential five, six, and seven figure settlements reached in insurance disputes of all types (including residential and commercial property, commercial general liability, auto liability, errors and omissions, negligent procurement, and insurer baInsurance Company and Liberty Mutual for insurance bad faith; and numerous confidential five, six, and seven figure settlements reached in insurance disputes of all types (including residential and commercial property, commercial general liability, auto liability, errors and omissions, negligent procurement, and insurer bainsurance bad faith; and numerous confidential five, six, and seven figure settlements reached in insurance disputes of all types (including residential and commercial property, commercial general liability, auto liability, errors and omissions, negligent procurement, and insurer bainsurance disputes of all types (including residential and commercial property, commercial general liability, auto liability, errors and omissions, negligent procurement, and insurer bad faith).
Directors insurance can be had from most major insurance companies at a very reasonable rate and is intended usually to protect against the liability of directors and officers, errors and omissions, and human resources and human rights issues.
According to Loren McGlade, chairman of the Insurance Industry Committee on Motor Vehicle Administration, this system is rife with errors because name and address changes and long, complicated VIN numbers make it difficult for states to match their records against the insurance companieInsurance Industry Committee on Motor Vehicle Administration, this system is rife with errors because name and address changes and long, complicated VIN numbers make it difficult for states to match their records against the insurance companieinsurance companies».
For example, if a customer were to file a lawsuit against their insurance agent, regardless of nature, this errors and omission (E&O) insurance will defend the agent against the claim and cover any losses, if it should occur, up to pre-determined dollar amounts as prescribed in the E&O policy, usually in the millions of dollars.
Commercial general liability insurance protects against most legal hassles, but it won't protect directors and officers from being sued or protect against errors and omissions.
Errors and omissions insurance is a kind of specialized liability protection against losses not covered by traditional liability insurance.
Also known as «boiler and machinery» insurance, equipment breakdown coverage protects against breakdowns caused by power surges, motor burnout, boiler malfunction and operator error.
Directors and Officers Liability Insurance (D&O): Coverage for directors and officers of firms or organizations against liability claims arising out of alleged errors in judgment, breaches of duty, and wrongful acts related to their organizational activities.
Thus, Iowa business insurance should encompass protection against things like choking hazards of canned foods; disease from spoiled foods; errors and omissions claims from a retail store; and claims of false advertising about a food product.
Lawyer's professional indemnity insurance provides protection against litigation related to errors and omissions, negligence or failure to deliver the service agreed upon.
A professional indemnity insurance plays a crucial role by offering you financial coverage against professional negligence and errors.
The exact definition of professional liability insurance varies depending on the professional being insured; but in general, it protects you against «errors and omissions» that occur when rendering professional services.
The insurance company, if they discover the error, can deny any claims you file, terminate your policy, or press charges against you, potentially leading to incarceration.
The goal is to serve the client and avoid errors and omissions claims against you (lawyers, real estate brokers / agents, insurance brokers / agents, engineers, architects and others).
They have «errors and ommissions» insurance to hopefully cover off successful lawsuits against them.
The Errors and Omissions Insurance Corporation (for the B.C. real estate industry) published statistics show that claims against real estate licensees for misrepresentation with respect to leaky condos has been a serious issue for a number of years.
The Errors & Omissions assessment is used by the Real Estate Errors & Omissions Insurance Corporation to cover the costs of defending BC real estate licensees against claims.
Reduced Liability - AmeriSpec's franchise network of home inspectors carry extensive Errors and Omissions insurance and General Liability insurance, and they offer agent indemnification coverage to help protect real estate professionals in the event a claim is brought against them solely for recommending AmeriSpec ®.
You want title insurance because it will protect you against defects and human error.
102 (1) For the purpose of enabling licensees to obtain indemnity against liability arising out of negligent errors or omissions in the provision of real estate services, the insurance corporation must do one or both of the following:
Our Professional Liability Insurance, also referred to as Errors & Omissions Insurance, is a perfect fit to protect you against the inevitable risk you experience with your profession.
Title insurance Title insurance protects you against title fraud, errors in public surveys, encroachment issues with neighbours and more.
This type of insurance protects you against errors in public record, defects on the title or undisclosed heirs.
To protect yourself from this risk, you should always ensure that the 1031 Exchange Qualified Intermediary has purchased and maintains sufficient amounts in Errors and Omissions (E&O) insurance coverage to insure against the risk of loss resulting from human error.