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AM Best is an American credit rating agency headquartered in Oldwick, New Jersey, that focuses on the insurance industry. Both the U.S. Securities and Exchange Commission and the National Association of Insurance Commissioners have designated the company as a Nationally Recognized Statistical Rating Organization (NRSRO) in the United States. [1 ...
Negligence by the attorney, A loss or injury to the client caused by the negligence, and; Financial loss or injury to the client. To satisfy the third element, legal malpractice requires proof of what would have happened had the attorney not been negligent; that is, "but for" the attorney's negligence ("but for" causation). [3]
The lawyers must have malpractice insurance. [24] Its website has a social networking component that allows attorneys to ask questions of each other. [2] The company aims to reduce prices for customers but maintain the compensation for attorneys by removing the overhead paid to law firm partners and administrative expenses. [10] [24]
A Cook County jury has awarded $41 million to lawyer Craig Pierce, who suffered a stroke in 2016. ... this is the largest award in Illinois history for a medical malpractice case with a plaintiff ...
If you’re looking for a reputable source of information for insurance ratings, companies like AM Best, Standard & Poor’s, Moody’s and Demotech are industry-recognized insurance reviewers and ...
Doctors' groups, patients, and insurance companies have criticized medical malpractice litigation as expensive, adversarial, unpredictable, and inefficient. They claim that the cost of medical malpractice litigation in the United States has steadily increased at almost 12 percent annually since 1975. [26]
Professional liability insurance (PLI), also called professional indemnity insurance (PII) and commonly known as errors & omissions (E&O) in the US, is a form of liability insurance which helps protect professional advising, consulting, and service-providing individuals and companies from bearing the full cost of defending against a negligence ...
Avvo lawyer profiles are aggregated from public records provided by state bars and additional attorney licensing entities. Avvo will not delete any lawyer's profile, [8] and has been criticized for including profiles of deceased lawyers. [9] [10] As of 2010, Avvo's directory includes ratings of lawyers in all 50 states and the District of ...