A Primer on Professional Liability Insurance

Risk Control in Professional Liability Insurance

PROFESSIONAL liability insurance has become society's chief agency for the distribution of the cost of malpractice by the medical profession. It is quite natural that the medical practitioner, conscious of the possibility of a ruinous malpractice judgment, should seek the protection of insurance. Several factors indicate that this segment of the insurance industry will grow rapidly in the futur...

Reforming the medical professional liability insurance system.

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Merit Rating for Doctor Professional Liability Insurance

Merit rating is the use of the insured's actual claim experience to predict future claim experience. This paper discusses merit rating for professional liability insurance for both individual doctors and group practices. The paper presents several different theoretical formulations for merit rating. Credibilities are stated in terms of the parameters of the risk process. The paper discusses sev...

Hierarchical Analysis of Effective Components on Auditors\' Professional Liability Insurance to Develop Ethical Framework

Background: The development of the insurance industry and the accounting system are two important pillars of economic development of any country and the ethical responsibility of auditors requires them to reduce the risk of their activities. The present study has developed a hierarchical analysis of the components affecting the professional liability insurance of auditors in order to develop th...

A Primer on Liability Driven Investing