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Posted on: August 8, 2019 by Huntersure
A difficult concept for purchasers of professional liability insurance is what prior acts coverage refers to as well as claims-made policies. A negligence claim against a lawyer or any other type of professional, such as an accountant, typically evolves from services that were provided many years before the time of the claim. With this in […] Read More
Posted on: December 2, 2016 by Huntersure
In its most standard definition, Lawyers’ Prior Acts Coverage means that the lawyer or attorney is covered for acts, errors, or omissions that occurred prior to their insurance policy’s inception date. But, why would your clients need such a policy? Well, imagine one of their lawyers leaves the firm, retires, or switches to in-house counsel. […] Read More