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https://www.irmi.com/articles/expert-commentary/claims-made-policies-report-potential-claims-immediately
Oct 01, 2011 · On or about March 28, 2003, Feldman tendered the defense of NSC's amended cross-complaint to Illinois Union through the insurance broker. Illinois Union denied coverage, asserting that NSC's claim had originally been made on May 28, 2002, …
https://www.adrservices.com/neutrals/kelly-patrick/
Mass action by residents of a community for injuries allegedly caused by toxic fumes from a manufacturing facility and concurrent coverage action between multiple insurance liability layers and involved directors. Action by note holders against issuer corporation for fraud and insurance dispute regarding coverage for loss and defense expenses.
https://www.cpajournal.com/2019/01/11/cpas-acting-as-interim-cfos/
Not long after, he is served with a cross-complaint by Cats Eats for indemnity and contribution in an employment practices lawsuit filed by the female IT consultant. Cats Eats had already incurred more than $50,000 in defense costs in the employment practices case. At this point, Franklin decides to call his insurance broker.
https://www.hiscox.com/small-business-insurance/professional-liability-insurance
Our professional liability insurance coverage can protect you and your business against actual or alleged errors and omissions that may occur while providing your professional services. These claims can include anything from giving incorrect advice or omitting a piece of information to failing to deliver your service within a desired timeframe.
https://www.occourts.org/self-help/formpackets/forms/SHC-CIV-01.pdf
Varies Service of cross-complaint that names new parties. Proof of service filed within 30 days of filing of cross-complaint. CRC 3.110(c) Varies File At-Issue Memorandum For Trial Setting (local form #L-31) May be filed when the case is at issue any time before the Case Management Conference. Case Management Conference will be taken off calendar.
https://www.kleinandwilson.com/case-results/results-business-litigation/
Siemens filed a cross-complaint against Klein & Wilson ‘s client but ... The designers and contractors made a number of errors, resulting in construction defects. Because of insurance coverage issues, ... Before filing suit, Klein & Wilson negotiated a settlement where the accountant paid the client $596,500, representing all of the ...
https://www.bautelaw.com/results/
The defendant filed a cross-complaint seeking damages of $20 million. Plaintiff sued his former lawyer and accountant for breach of fiduciary duty, fraud, and theft of funds in connection with tax planning emanating out of the plaintiff’s decision to sell his business for $45 million.
https://www.mondaq.com/unitedstates/Insurance/684504/Centex-Homes-v-St-Paul-Fire-And-Marine-Insurance-Company
Mar 20, 2018 · Centex filed a cross-complaint against subcontractors, including Ad Land, alleging breaches of written, oral and implied contracts to indemnify, defend, and obtain insurance, as well as causes of action for equitable indemnity, contribution, and declaratory relief.
https://www.jdsupra.com/legalnews/insurance-recovery-law-july-2015-16228/
Jul 03, 2015 · Insurance Recovery Law - July 2015. ... the insurer retained its lawyer to provide legal advice on insurance coverage matters, including responding to correspondence from counsel for the ...
https://www.law.com/almID/900005612686/
A cross-complainant is entitled to judgment on the pleadings if the cross-complaint “states facts sufficient to constitute a cause or causes of action against the [cross-]defendant and the ...
https://www.l2insuranceagency.com/blog/what-is-the-big-deal-about-suing-a-client-for-unpaid-legal-fees.aspx
Apr 10, 2016 · Either through a counter claim, cross-complaint or a disciplinary complaint. From a malpractice carrier’s perspective if you sue enough clients eventually you are going to have a claim. Once a counter claim(s) are made against a firm because of fee suits, the firm becomes a less desirable Lawyers Professional Liability Insurance risk.
https://law.justia.com/cases/california/court-of-appeal/4th/57/916.html
The building owners had settled a liability action by tenants for injuries caused to their minor daughter for $1.5 million and claimed, in their cross-complaint, that the broker was negligent in not advising them to have more than $300,000 in liability insurance coverage.
https://www.aicpa.org/membership/discounts/savings-source-cpas-as-cfos.html
Professional liability insurance policies generally exclude coverage for services rendered when the policyholder also performs management duties or assumes management responsibilities on behalf of the client. ... Certified Public Accountant (CPA) ... he is served with a cross-complaint by Cats Eats for indemnity and contribution in an ...
https://www.mondaq.com/unitedstates/Insurance/504550/Certain-Underwriters-At-Lloyds-London-V-Arch-Specialty-Insurance-Company
Jun 28, 2016 · In turn, KB Home filed a cross-complaint against Framecon seeking defense and indemnity under the subcontracts. Framecon tendered the cross-complaint to both Underwriters and Arch. However, only Underwriters agreed to defend Framecon subject to a reservation of rights. ... and that coverage under an insurance policy is determined in the first ...
https://www.law.com/almID/1202668989650/
Insurance Coverage Law Center; ... Bounds consulted with an attorney and accountant to draft a counter-offer to sell the real property for $3.45 million. ... The Trust and Bounds filed a cross ...
https://camico.com/blog/top-5-ways-cpa-can-get-sued
Finally, and probably most importantly, is coverage precluded by your insurance policy if you enter into a business deal with a client and something goes wrong? Number 2 Advising both parties to a transaction, or helping them to resolve a dispute. Many times CPAs are asked to …
https://professionalliabilitymatters.com/legal-malpractice/malpractice-claim-barred-due-to-mediation-confidentiality/
Apr 01, 2015 · The plaintiff was a shareholder and officer of an apparel company. In 2006, the apparel company filed a lawsuit against one of its designers for breach of contract. The designer filed a cross-complaint alleging fraud against the company and the plaintiff.
https://www.lexology.com/library/detail.aspx?g=5cad1a1d-5403-4692-8dac-23810070076e
Keep a step ahead of your key competitors and benchmark against them. ... D&O and Professional Liability 2017: A Year in Review ... Policy affords no coverage for lawsuit where insured failed to ...
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