Acts as defence counsel for insurers and plaintiffs» claims involving fidelity / dishonesty bond claims, directors and officers and errors and
omission policy claims, including providing coverage opinions.
Not exact matches
The
policy affords protection against
claims for damages arising out of a
claim, provided liability is the result of an error,
omission or negligent act in the performance or failure to perform «professional services» for others.
A key determinant both of coverage provided by the LawPRO
policy under the Law Society's insurance program, and of whether liability could spread beyond the individual lawyer - policyholder, is the nature of the error or
omission giving rise to a
claim.
(ii) Innocent party sublimits: Under the Law Society program
policy there is an exclusion for
claims relating to or arising out of a lawyer's dishonest, fraudulent, criminal or malicious act or
omission.
Ahat's more, LawPRO's
policy excludes from coverage ``... any
CLaIM in any way relating to or arising out of any dishonest, fraudulent, criminal or malicious act or
omission of an INSURED» (Part III (a) of the LawPRO
policy).
While here, Mr. Makin consulted on the evaluation of risks and
claims, and the drafting of
policy forms in connection with technology errors and
omissions and specialty intellectual property insurance
policies.
E&O issues Remember that the LAWPRO
policy provides Ontario lawyers protection for
claims that are the result of your error,
omission or negligent act in the performance or failure to perform «professional services» for others involving the practice of the law of Canada, its provinces and territories.
To a foreign investor affected by such judicial measures, it is not always clear, however, what judicial measures (especially in countries like India with one of the most activist Supreme Courts in the world) can be subject to a
claim under investment treaty law; which theory of liability is appropriate for a state's liability arising out of judiciary's conduct (or
omissions); and which
policy issues these different theories of liability raise.
Through secretive and binding disputes mechanisms in these agreements, foreign investors - often transnational corporations - are able to challenge any government law, measure,
omission or
policy which they
claim adversely affects their investment.
Her practice principally involves representing insurers in complex insurance disputes on a broad range of issues arising under primary and excess
policies and reinsurance coverages, with particular emphasis on general liability coverage
claims involving environmental and other long - tail liabilities, personal and advertising injury coverage and errors and
omissions insurance and the «bad faith» issues arising from such disputes.
Many different insurance companies offer errors and
omissions coverage but it's important to remember that not every
policy is created equally, especially in what the company will cover in the event that your
claim goes to court.
An exception is errors or
omissions policies, which typically apply on a
claims - made basis.
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.
Defense: One of the key features within an Errors &
Omissions policy is legal defense in the event of a
claim.
Typical professional liability
policies will indemnify the insured against loss arising from any
claim or
claims made during the
policy period by reason of any covered error,
omission or negligent act committed in the conduct of the insured's professional business during the
policy period.
Most errors and
omissions policies are
claims - made, meaning they cover
claims made during the
policy period.
More specifically a typical
policy will provide indemnity to the insured against loss arising from any
claim or
claims made during the
policy period by reason of any covered error,
omission or negligent act committed in the conduct of the insured's professional business during the
policy period.
Errors and
omissions policies are written on what is known as a «
claims made» form.
Errors and
omissions insurance
policy can provide a defense for you, even if a
claim is groundless or fraudulent.
The Errors and
Omissions Insurance
policy in Ontario under Section III Exclusions, contains a reference to the word: «Dishonest» among other more ominous words, as a clear reference to certain Insurance
claims that wouldn't be covered.