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Professional liability insurance. Professional liability insurance (PLI), also called professional indemnity insurance (PII) but more 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 ...
Medical law. Medical malpractice is a legal cause of action that occurs when a medical or health care professional, through a negligent act or omission, deviates from standards in their profession, thereby causing injury or death to a patient. [1] The negligence might arise from errors in diagnosis, treatment, aftercare or health management.
Jury Verdict Research, a database of plaintiff and defense verdicts, says awards in medical liability cases increased 43 percent in 1999, from $700,000 to $1,000,000. However, more recent research from the U.S. Department of Justice has found that median medical malpractice awards in states range from $109,000 to $195,000.
To obstetricians, gynecologists and many other physicians, one of the most glaring omissions in the current health care reform debate is the failure to address the medical liability crisis.
Tort law. In the law of torts, malpractice, also known as professional negligence, is an "instance of negligence or incompetence on the part of a professional ". [1] 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 ...
Professional liability insurance may take on different names depending on the profession. For example, professional liability insurance in reference to the medical profession may be called medical malpractice insurance. Often a commercial insured's liability insurance program consists of several layers.
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