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"Prior acts" (or "nose") coverage transfers the retro-active date for an old policy to a new insurance carrier—eliminating the need to purchase tail coverage from the last carrier. Nose coverage is usually less expensive than purchasing tail coverage from the old carrier. Tail coverage costs 2–3 times the expiring premium.
Professionals who may become the subject of malpractice actions include: medical professionals: a medical malpractice claim may be brought against a doctor or other healthcare provider who fails to exercise the degree of care and skill that a similarly situated professional of the same medical specialty would provide under the circumstances. [2]
In common law jurisdictions, medical malpractice liability is normally based on the tort of negligence. [3]Although the law of medical malpractice differs significantly between nations, as a broad general rule liability follows when a health care practitioner does not show a fair, reasonable and competent degree of skill when providing medical care to a patient. [3]
Words with specific British English meanings that have different meanings in American and/or additional meanings common to both languages (e.g. pants, cot) are to be found at List of words having different meanings in American and British English. When such words are herein used or referenced, they are marked with the flag [DM] (different meaning).
Liability insurance (also called third-party insurance) is a part of the general insurance system of risk financing to protect the purchaser (the "insured") from the risks of liabilities imposed by lawsuits and similar claims and protects the insured if the purchaser is sued for claims that come within the coverage of the insurance policy.
Dr. Arian Mowlavi has reached a $6-million settlement with three dozen former patients, according to court records.
As his ex-girlfriend's attorney ripped ESPN's coverage of the story as "journalistic malpractice," Minnesota Vikings running back Dalvin Cook made his first public response on Wednesday to a ...
Legal malpractice is the term for negligence, breach of fiduciary duty, or breach of contract by a lawyer during the provision of legal services that causes harm to a client. [ 1 ] Examples