Lawyers Learning Center with DHIA Daniels-Head Insurance
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- Business
DHIA exists to help our customers and prospective customers find appropriate solutions for their business insurance needs. We created this podcast to provide an audio version of our informational resources. We deliver insightful information on Professional Liability Insurance, discuss business insurance solutions, and unpack the phases of running a business.Sign up for our email reminders on new episodes: https://share.hsforms.com/1oNwbKQW8SieD0oIeAMY1Hg34l7a
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Navigating Your Professional Liability Policy: Reporting a Claim & Your Rights Under the Policy
If you think not reporting a potential claim is helpful or wise, this episode can help you avoid this common mistake!Attorneys purchase a Lawyers Professional Liability Insurance policy for various reasons. No matter your reason, understanding the rights you have under your policy and how not exercising your rights can be detrimental to your insurability is crucial. You are purchasing the right to report a claim or potential claim and expect your carrier's claims team and defense counsel to s...
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Lawyers Re-Entering the Admitted Market After Placement in the Non-Admitted (Surplus Lines) Market
Many factors can contribute to law firms being attractive to admitted insurance carriers. The good news is you can control some of them.One of our seasoned agents, Stephen Dimiceli, who is well-versed in attorney malpractice insurance sat down for an interview and talked through how attorneys can navigate their way back to the admitted market after having been placed in the non-admitted (surplus lines) market. More resources for you: LPL eBooks: https://hubs.ly/Q01VGkSl0Tailor...
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Law Firm Malpractice Claim Preparedness
No one likes unpleasant surprises, especially in business. An unwelcome surprise specific to a law practice is a legal malpractice claim. Some attorneys protect their practice with Lawyers Professional Liability Insurance in preparation for potential claims, but many assume a lawsuit won't happen to them. In this episode, we cover a few common scenarios of how a good situation can turn into horror by not preparing for the possibility of a claim and how you can take preventive steps to pr...
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How Attorneys Should Approach Malpractice Claims
How soon should you involve your carrier when you're faced with a malpractice claim? Immediately. In this episode, we explain why immediate reporting is necessary and in your best interest. We also discuss whether there's ever a time that an attorney should represent themselves in a malpractice suit. After listening, go download your checklist to Navigating Your Professional Liability Policy & Reporting Claims - https://hubs.ly/Q02wCglr0 More resources for you:&n...
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The Difference Between Claims-Made and Occurrence Policies
Understanding the differences between occurrence and claims-made policy forms can empower you to confidently purchase insurance that meets your unique needs.In this episode, we are going to break down what you need to know about these two different policy forms to· give you the knowledge and confidence to ask the right questions,· help you understand which policy form you need, and· understand h...
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Don’t Wait for Renewal: What Firm Changes to Report to Your Insurance Agent ASAP
Don’t allow a lapse in communication to jeopardize the protection of your law practice. A continuously updated policy will save you time at renewal and will protect your law firm from any loss of coverage that can occur from an outdated policy.In this episode, we are going over some key changes you'll want to promptly report to your agent or carrier and what makes the urgency so essential to your coverage. More resources for you: LPL eBooks: https://hubs.ly/Q01VGkSl0 Tailored B...