Medical Malpractice Claims – It’s all about the Diagnosis, Apparently

Medical Malpractice

A summary of an article in the Insurance Journal, April 1, 2019, “Misdiagnosis Most Common Reason for Malpractice Claims, Studies Claim Several studies have consistently found misdiagnosis to be the most common cause of claims. Coverys, malpractice carrierReview of 1800 closed claims against physicians from 2013-2017 showed 46% related to diagnosis The Doctors Company, malpractice … Read moreMedical Malpractice Claims – It’s all about the Diagnosis, Apparently

Fiduciary Liability and Employee Benefits Liability

Insurance for Executives

Fiduciary liability is an insurance that protects persons and organizations against liability from breaches of fiduciary duty that they incur in creating and managing employee benefits programs. Claims against fiduciaries can involve plan mergers or terminations, claims caused by negligence, claims involving plan disclosures, claims caused by imprudent investments, claims alleging failure to pursue delinquent … Read moreFiduciary Liability and Employee Benefits Liability

Understanding Fiduciary Responsibilies with Group Health Plans

What Are The Essential Fiduciary Elements Of A Plan? “Each plan has certain key elements. These include: A written plan that describes the benefit structure and guides day-to-day operations A trust fund to hold the plan’s assets. A recordkeeping system to track contribution and benefit payments, maintain participant and beneficiary information, and to accurately prepare … Read moreUnderstanding Fiduciary Responsibilies with Group Health Plans

Details of Cyber Insurance Coverage

First Party Losses (Insured) Business interruption Extra expenses Dependent business interruption Data restoration Reputation damage Note – above not paid by all policies Expenses Paid for Third Parties effected      Crisis management      Forensic investigation      Legal services      Breach notification      Call center      Credit Monitoring      ID Theft insurance      Extortion / Ransomware payments Allegations and Regulatory Matters Failure of network … Read moreDetails of Cyber Insurance Coverage

CA Senate Bill 826 – Female Board Seat Mandate

Women on Boards

While the new CA law does not apply to private companies, it might serve them well to consider the chatter surrounding the matter and take similar actions. California Senate Bill 826 went into effect January 1, amending the Corporations Code, now requires at least one woman on every public company Board by year end or … Read moreCA Senate Bill 826 – Female Board Seat Mandate

Employment law updates Employers need to be Aware of for 2019

Employee Laws

I encourage all companies to cozy up to their favorite EPLI attorney early this year – most of them are providing valuable employment law updates that all employers need to be aware of for 2019. Recently having attended such a briefing by Schor Vogelzang I can offer the following tips: Wage and Hour claims (especially in … Read moreEmployment law updates Employers need to be Aware of for 2019

OSHA Injury & Illness Record Keeping & Reporting Requirements

We are offering the following information to help remind businesses of the requirements for keeping the workplace safe and reporting requirements per the U.S. Labor department. CLC insure can help you with your insurance for the workplace liability to also be prepared for Record Keeping Requirements Many employers with more than 10 employees are required … Read moreOSHA Injury & Illness Record Keeping & Reporting Requirements

Employment Practices Liability Insurance, EPLI

EPL is written to: ·        Protect the company against damages for events relating to their workforce, including but not limited to; wrongful terminations, harassment, discrimination, defamation and unfair hiring/firing practices; and ·        Provide defense costs associated with responding to employment related lawsuits. Why Buy EPLI Coverage? No company faces the risk of fire, theft, or … Read moreEmployment Practices Liability Insurance, EPLI