We explore and analyze current issues and relevant topics to help accountants, attorneys, architects and engineers, insurance agents and real estate brokers avoid a professional liability case.
In Ferguson v. Aon Risk Servs. Co., the United States District Court for the Northern District of Illinois granted Defendants’ (collectively, “Aon”) motion for summary judgment based on Plaintiffs’ lack of standing as third-party beneficiaries and failure to file within the statute of limitations.
As much as we all correspond by text and other instant messaging means these days, it is not surprising that many professionals also use texting to communicate with clients. It is convenient.
Lyndon Sommer and Katrina Smeltzer attended DRI’s Annual Professional Liability Seminar in New York City December 8 and 9
When a professional faces a malpractice claim, contacting the insurance carrier can often lead to further feelings of dread or worry. Yet it is critical to timely and accurately report every actual or potential claim, or coverage may be barred.
Insurance policies covering professional liability risks commonly afford coverage with eroding limits - such that the insurer’s payment of legal fees and expenses reduces the policy limits available to pay a settlement or judgment - and require an insured’s consent to settle.