Key Terminology for Claims-Made Policies for Professional and Management Liability
Occurrence Versus Claims Made CoverageInsurance written on an occurrence form provides coverage for events or wrongful acts solely occurring during the policy period. The claim from the wrongful act can be brought in the future after the policy expires and still have coverage respond. For example, if you buy an auto policy that is valid […]
Reducing Claim Costs By Implementing a First Aid Program
Employers can reduce their insurance costs by ins...