Lessons Learned: Practical Advice on how to Avoid Professional Insurance Claims and Manage PLI Exposures
By Mike Hall – Hall & Company
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Presented by our own President Mike Hall of Hall and Company, this presentation will address the following topics:
- How to avoid and reduce your professional liability exposures
- Avoiding a higher Standard of Care
- Proper forms of Indemnification
- Avoid liability for Consequential Damages
- Avoid the “Duty to Defend”
- Use of Limitation of Liability clauses
- The role of collections in reducing professional liability insurance exposure
- Requiring Subconsultants to carry adequate limits of insurance
- What split limits of insurance can accomplish for you
- Potential pitfalls of going without insurance
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