https://completemarkets.com/Article/article-post/170/Legal-Fees-An-Ounce-Of-Prevention/
...rm had the client sign a lengthy contract that outlined the billing procedure. The contract included several provisions outside ...oresee these costs and prepare for litigation before it occurs.
One other issu...
https://completemarkets.com/company/CompleteMarkets/Articles/content-package/IMMS-Library/TabCategory/article-post/167/Risk-Abatement-In-A-Hardening-Market-Your-Client-And-Your-Firm-Can-Win-Without-Losing/
... cases. If the case was delayed or wasn't settled and the award included a larger than expected indemnity, it was just part of the process. The problem with this approach, particularly in a hard market, is that the carrier then uses the cost figures for defending and indemnifying as a benchmark for underwriting the following year. The client pays for the carrier's errors, and often isn't even aware of the existence or the extent of this payment for the resolution of a relatively simple matter. The growth of the marketplace for captives ... appear small before they turn into lawsuits. One of the jobs of an adjuster is to eliminate these cases before they go to litigation. Only an experienced and talented adjuster can do this effectively. The adjuster should have the proper credentials and training to handle torts and contracts, as well as to evaluate damages under the relevant legal concepts. The adjuster should be able to effectively articulate the legal arguments for and against the position of the adverse party, and to resolve disputes with tactful commentary while still enforcing their analysis as dominant. ... that the corporation, and even its directors as a due diligence issue, must maintain a program for risk abatement based on corporate conduct and sound economic decisions. In the past, everyone perceived the insurance carrier as the party with the primary responsibility for containing claim and litigation exposures. The insured tendered the lawsuit or claim to the local claims office and was only occasionally bothered with a request for information or a response. The carrier's interests were paramount in settling cases. If the case was delayed or wasn't settled and the award included ...
https://completemarkets.com/Article/article-post/2150/WHEN-CLAIMS-PRACTICES-FAIL/
...ho assert claims under insurance contracts. In my experience, the most freque...surer. Consider the impact of this litigation on the company-agent relationsh...
https://completemarkets.com/Article/article-post/167/Risk-Abatement-In-A-Hardening-Market-Your-Client-And-Your-Firm-Can-Win-Without-Losing/
...and training to handle torts and contracts, as well as to evaluate damages und...nterests the issue, or those of the insurance carrier? After all, it’s your cl...
https://completemarkets.com/Article/article-post/2258/STATUTORY-EMPLOYERS-SPECIAL-EMPLOYERS-AND-WORKERS-COMPENSATION/
...ng controversy about independent contractor status continues. More and more employers are creating contracts without providing Workers' Compensa...mpensation needs, establishes labor contracts, and deals with employer's liabi...
https://completemarkets.com/Article/article-post/2261/STATUTORY-EMPLOYERS-SPECIAL-EMPLOYERS-AND-WORKERS-COMPENSATION/
...ng controversy about independent contractor status continues. More and more employers are creating contracts without providing Workers Compensat...mpensation needs, establishes labor contracts, and deals with employer's liabi...
https://completemarkets.com/Article/article-post/469/Managing-The-Litigation-Risk-Through-Mediation/
Managing The Litigation Risk Through Mediation
Ambrose ... could have ordered these results; litigation requires a loser.
Risk management in a litigation context usually involves assessi...
https://completemarkets.com/Article/article-post/471/Follow-Smart-Hiring-Practices/
...ense against potential employee contract claims.
Have employees sign an...that have expertise in employment litigation. EPL insurers are likely to offe...
https://completemarkets.com/Article/article-post/550/Agency-Litigation-Support-Primer/
Agency Litigation Support Primer
At one time or a...ors (which works exclusively in the insurance industry) is that the pool of kn...
https://completemarkets.com/Article/article-post/467/A-Judges-Perspective-The-Workers-Compensation-Fraud-Problem/
...y would be covered by his Health insurance and worried about lost time from wo...ffective, Judge Foust cautioned. If insurance companies didn't have limitless ...