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Issue: Medical professional liability insurance, sometimes known as medical malpractice insurance, is a type of professional liability insurance that protects physicians and other licensed health care professionals (such as dentists and nurses) from liability associated with wrongful practices resulting in: Bodily injury. Medical expenses.
Small business owners who take steps to minimize risk in the workplace can help keep employees and customers safe, and save money. Basics. Commercial Auto Insurance. General Liability. Group Life Insurance. Key Person Life Insurance. Property and Business Interruption Insurance. Group Health Insurance.
Line 11 – Medical Professional Liability Insurance coverage protecting a licensed health care provider or health care facility against legal liability resulting from the death or injury of any person due to the insured’s misconduct, negligence, or incompetence in rendering professional services.
Professional Errors and Omissions Liability - coverage available to pay for liability arising out of the performance of professional or business related duties, with coverage being tailored to the needs of the specific profession. Examples include abstracters, accountants, insurance adjusters, architects, engineers, insurance agents and brokers ...
A. “Claim” means the same as in subsection 2A of the Medical Professional Liability Closed Claim Reporting Model Law. B. “Claim identifier” means the unique alphanumeric sequence assigned to a claim by the reporting entity as required by subsection 5A(1) of the Medical Professional Liability Closed Claim Reporting Model Law.
The Terrorism Risk Insurance Act of 2002 was passed by Congress on Nov. 26, 2002, and signed into law by President George W. Bush. The 2019 Reauthorization of TRIA. On Dec. 20, 2019, President Donald Trump signed into law the Terrorism Risk Insurance Program Reauthorization Act of 2019 (P. L. 116-94), which extended the Terrorism Risk Insurance ...
Business interruption policies are typically bundled within a larger businessowner’s policy (BOP) that includes business property and liability coverages. Companies with 100 or less employees and revenues up to $5 million are eligible for these plans. It is estimated that between 30-40% of small business owners carry business interruption ...
The CIPR’s May 16, 2018 Weeding through the Unique Insurance Needs of the Cannabis Industry examined many of these issues. Additionally, the NAIC was formed in 2018 to better understand the cannabis industry’s insurance coverage gaps and regulatory issues. Members will develop best practices for state insurance regulators to help them ...
State Adoption. It is primarily through the states’ adoption of our model laws and regulations that the legal framework for insurance regulation has been largely harmonized throughout all the states. This comprehensive publication provides quick access to every NAIC Model Law, Regulation, and Guideline. Included with every model is a state ...
Auto Insurance. Auto insurance is one of the most used types of personal insurance. Most states require that you purchase some kind of insurance coverage to drive legally in the state. Auto insurance can be divided into two basic coverage areas: liability and property damage. Two factors determine what you pay for auto insurance.