Tag Archives: Retro dates

Do you have specific procedures for handling of claims–made policies?

It is certainly fair to say that claims-made policies have a tremendous amount of uniqueness to them. One of the key issues inherent in virtually all claims-made policies involves the issue of a “retro date”. This date will basically determine … Continue reading

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Retro Date – a key term with professional liability

In evaluating E&O claims statistics, in most situations, E&O claim frequency from the sales and service of professional liability typically generates around 10% of the claims. However if one were to look at the severity (the dollars paid out in … Continue reading

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E&O Insights: How Well Do You Know Your Accounts?

This is an excerpt from an Insurance Journal article that I authored in the October 7, 2013 edition. “Professional liability, or errors and omissions as it is also known, is a unique line of business. After all, how many other … Continue reading

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