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...many other professionals, such as doctors, lawyers, architects, engineers, and...e insurer. DIRECTORS & OFFICERS LIABILITY Nonprofit and for-profit corpora...

...), which is an automatic, strict liability penalty, with the penalty in sectio...

...nd the Professional In the 1950s, doctors would diagnose terminal cancer and s... in the medical field. Increasingly, doctors are projecting the image of a res...

... These elements are not based factors that are separate from the clients' dependence on the agents' expertise, reputation, contacts, and special relationships. A doctor's clinic serves as a good analogy. If a sole-practitioner physician dies, becomes disabled, or retires, intrinsic and professional goodwill both come to an end. If another physician acquires the practice, the clinic might retain some patients from the previous doctor. These patients retain the new doctor because of past good experiences, friendly nurse and staff, location, and the clinic's long history in the community. This is intrinsic goodwill. The new doctor, if experienced, may bring professional goodwill of his or her own. That is, the new doctor may keep some patients and attract new ones with skill and personal qualities. In divorce cases ... 4/30/2013 by CompleteMarkets Editor , Roy Phillips This content has not been rated yet. DIVORCE AND AGENCY VALUE: SEPARATING GOODWILL by Roy Phillips In my agency valuation work with agents and their spouses in divorce cases over the past 15 years, the issue of professional goodwill has often arisen. When a couple divorces, they seek to divide their community interest between them. All assets and liabilities must be assessed to enable the court to make an equitable division of property. If one of the spouses is an insurance agent, his or her book of business thus becomes subject to valuation, and such intangible property often depends a great deal on professional goodwill. In my opinion, there are two types of goodwill in every insurance agency. The first is intrinsic goodwill. Simply stated, ...

... Any medical personnel, nurses or doctors, for details of their activities tha...zations doing? No one knows what liability limit should appear on a policy....

... has not been rated yet. FRAUDBUSTERS: HOW STAGED ACCIDENTS WORK (AN UNDERCOVER PERSPECTIVE) by Thomas Sarinana Capping' the unlawful solicitation and referral of staged auto accident cases to medical providers and attorneys for a fee-is a violation of Business and Professions Code 6152 and the California Insurance Code. As an investigator, I've worked undercover and have personally been paid capping or front monies by people working on behalf of doctors' and attorneys' offices. In every case, I was paid for my solicited participation in a staged auto accident or for referring other participants (other undercover officers) for the purpose of staging accidents. For the use of our Auto or other insurance, these other participants and I were paid $1 ,500 to $3 ,500 (cash) in every case, and $ ... their information to the Highway Patrol. A second type of staged collision is called a paper accident, ' and can be accomplished in different ways. In some cases, two people with their own vehicles conspire to report that they were involved in an accident together. Usually a capper has recruited these individuals and orchestrates the accident. One driver, usually the insured, will be at fault and will claim liability for hitting the other vehicle. The criminals commonly refer to the insured vehicle as the bull car' or the hammer'; the claimant car is the cow car' or the nail. The damage on the claimant car may already exist, or it may be intentionally inflicted to make it appear as if the two cars actually collided. This is accomplished by simply taking the two cars and crashing ...

... to settle a claim for Property, Liability, General Liability, Automobile, Cargo, and Miscellane...age, and replacement cost). Liability: Call the paramedics if medical ...

...ith the agency, my assets, and my doctors, if I become disabled? See paragraph...

...sional, do you have professional liability and malpractice coverage (CPA, doct... Are you concerned about estate tax liability if you were to die prematurely? ...

... affords a company the luxury of being proactive during a crisis rather than reactive — a disparity that can have a major impact on a firm's reputation and bottom line. In the event of an employee injury or fatality, notify their family as soon as possible. I've worked with many companies that have chosen to hold off on notifying the family until the injured person arrives at a medical facility and a doctor has assessed their injuries. My experience has shown this to be a major error in judgment. In one case, for example, an employee was removed from a job site, classified as seriously injured, and died three hours later at the hospital. The family was not notified until after the employee was pronounced dead. Put yourself in the position of the family and ask if you'd wish ... . In fact, your company will be judged more on how it handles the situation than on the actual situation itself. Thus, it's critical that a top manager contacts your audiences to assure them that you're in control of the situation. If you don't act quickly, your bottom line could suffer. Your employees are one of your most important audiences. Employees can be a tremendous asset, or liability, during a crisis. Consistent communication is essential because your employees are a direct link to your other audiences. Be sure to keep them informed on the situation and counseled on what they can, and cannot, say. If you don't, they'll come up with something on their own that might not be in your best interest. The rumor mill will be in full production during a crisis ...