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Claims 2 – When is a claim a claim?
A professional liability insurance policy is quite explicit about notification of claims or incidents that might give rise to a claim. The CPAGold TM policy states the following
8.4 Claim means:
8.4.1 a …
Claims 1: Where the rubber meets the road.
This is the first in a series of blog posting on the subject of claims. The first article addresses the subject of what and when to notify a potential claim.
An …
Evaluating Client – Part Three – Using Client Information
The amount of risk your firm is willing to take depends upon a variety of factors. You make a business decision to accept client that are in industries that may …
Evaluating Clients – Part Two – Assessing Potential Client...
A new prospective client is an exciting opportunity. However, even if the prospect comes from a referral you need to get a complete understanding of the potential client’s business and …
The application of the doctrine of utmost good faith when applying for...
What is utmost good faith?
Utmost good faith is a common law principle (sometimes called Uberrimae Fidei). Uberrima fides a Latin phrase meaning most abundant faith”. It is the name of …
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