Is there a potential gap when moving an account from an occurrence form to a...
When moving an account from a claims made form to an occurrence form or vice versa, most will contend that the former (claims made to occurrence) presents some significant risks and there is no doubt...
View ArticleE&O Insights: Use Caution When Moving a Customer From a Claims-Made to an...
This is an excerpt from an Insurance Journal article that I authored in the February 6, 2012 edition. “From time to time, an account is moved from one form of insurance to another. The scenario could...
View ArticleClaims-Made – do your clients know the definition of a “claim”?
For those policies written on an “occurrence” basis, it is fair to say that most clients have a good idea of the definition of a claim. However, there are several coverages written on a “claims-made”...
View ArticleDo you have specific procedures for handling of claims–made policies?
It is certainly fair to say that claims-made policies have a tremendous amount of uniqueness to them. One of the key issues inherent in virtually all claims-made policies involves the issue of a “retro...
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