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The Hazards of Waiting to Report Potential Claims
In this episode, we discuss how delaying the reporting of claims and potential claims to your professional liability insurance carrier can result in serious legal and financial consequences and jeopardize both current and future coverage.
Contrary to the misconception that withholding claims protects your insurance status, delaying the reporting of malpractice claims to your insurance carrier carries serious risks. It can increase costs, prolong resolution times, heighten the likelihood of disciplinary actions, and jeopardize your insurability.
We also share five best practices to help you…
The skinny
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