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https://completemarkets.com/Article/article-post/1635/MANAGING-RISK-A-GUIDE-FOR-YOUR-BUSINESS-CLIENT-PART-4-OF-4/
...financial picture. As a last resort, the losses that can't otherwise be t...
https://completemarkets.com/company/CompleteMarkets/Articles/content-package/IMMS-Library/TabCategory/article-post/224/Mediation-As-An-E-O-Claim-Strategy-Pro-And-Con/
... to understand your situation and become your advocate. After that, you'll be ready to tackle your defense and proceed in earnest with the discovery process. Your next step is to decide whether to take your chances in court or settle the case. Keep your options open and follow the direction of your attorney and your E&O carrier. In our legal system, a trial should be the last resort. The odds aren't good that you'll get an informed, objective jury. They're often made up of people who don't like insurance companies and don't differentiate between companies and agents. Even a trivial error in handling a client could balloon out of proportion during a trial. MEDIATION: THE PROS A trial is expensive and time consuming. Mediation, on the other hand, is a relatively risk-free way ... stigma of a judgment, and the client gets some satisfaction. The incentive to mediate is greater when plaintiffs allege unfair trade practices and other Insurance Code violations. The client's attorney might be making these allegations only to force mediation. But that might not be a risk you want to take. If you lose in court, your E&O carrier could enforce a probable exclusion of coverage in the Property/Casualty contract because of violations of the Insurance Code and illegal acts, including unfair trade practices. MEDIATION: THE CONS For one thing, it's almost a foregone conclusion that you'll pay something. During mediation, you might find that the plaintiff has a far better case than you originally thought. Once they have a general understanding of your case, they might want to settle on terms that ...
https://completemarkets.com/Article/article-post/224/Mediation-As-An-E-O-Claim-Strategy-Pro-And-Con/
...ystem, a trial should be the last resort. The odds aren’t good that you’ll get...
https://completemarkets.com/Article/article-post/236/E-O-Proofing-Your-Agency-25-Tips-For-Little-Or-No-Cost/
... or other software.
As a last resort, use a handwritten log. Almost every ...