Tell Your Insurance Company about any Potential Claim

more+
less-

We like to tell what we call “cautionary tales” and advise clients, including law firms, that it is better to advise the insurance company of the potential for claim than to try and hope that there won’t be a claim when there is knowledge that there might be one. Keeping the insurance company on notice of the potential for a claim has no down side – not advising the insurance company has potentially serious consequences, i.e. the loss of the coverage.

LOADING PDF: If there are any problems, click here to download the file.

Published In: Insurance Updates, Professional Malpractice Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Melito & Adolfsen | Attorney Advertising

Don't miss a thing! Build a custom news brief:

Read fresh new writing on compliance, cybersecurity, Dodd-Frank, whistleblowers, social media, hiring & firing, patent reform, the NLRB, Obamacare, the SEC…

…or whatever matters the most to you. Follow authors, firms, and topics on JD Supra.

Create your news brief now - it's free and easy »