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Professional liability insurance (PLI), also called professional indemnity insurance (PII) and commonly known as errors & omissions (E&O) in the US, is a form of liability insurance which helps protect professional advising, consulting, and service-providing individuals and companies from bearing the full cost of defending against a negligence ...
ProAssurance Corporation, headquartered in Birmingham, Alabama, is a property and casualty company that sells professional liability insurance to doctors. The company was founded in 1976 as Mutual Assurance and was later renamed to Medical Assurance in 1997.
Laws also differ from state to state; e.g., California, is often considered a pro-employee state when it comes to employers' liability. Like most kinds of professional liability insurance, EPL insurance policies operate on a claims-made basis. [10] This means that policyholders can only receive insurance benefits if they are covered both at the ...
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PLUS is recognized in the industry as the primary source of professional liability educational programs and seminars. The Society's comprehensive educational approach includes an annual International Conference, annual symposia, the RPLU designation program, and educational events organized by regional chapters of PLUS, all of which provide educational and networking opportunities.
The minimum requirement in Arkansas is a 25/50/25 insurance policy, which is the abbreviation for the following liability limits: $25,000 in bodily injury liability coverage per person $50,000 in ...
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