Missouri Association of Insurance Agents (MAIA)’s Post

Engage our attorneys on compliance, insurance, risk avoidance, and litigation. We understand your business needs and will guide you in protecting your interests and limiting costs. https://lnkd.in/gcXjHYG7 #Litigation #BusinessLaw #RodriguezMcCloskey

Understanding escape clauses in insurance policies is crucial for both insurers and policyholders. These clauses serve to limit liability and exclude coverage under specific circumstances. Here are some practical examples: - Exclusion clause: This excludes coverage for particular risks like war, terrorism, or natural disasters. - Limitation clause: Limits coverage amount or duration for specific risks. - Exculpatory clause: Releases the insurer from liability for certain actions. - Arbitration clause: Resolves disputes through arbitration instead of litigation. - Cancellation clause: Allows policy cancellation under defined circumstances. Escape clauses can be contentious, with some being deemed unenforceable or unfair. Policyholders are advised to carefully review policies and seek legal counsel if concerns arise. Understanding these clauses is key to navigating the complexities of insurance agreements.

What is Martyn's Law? For an in-depth understanding of Martyn's Law and its current implications, please refer to our online guide, which we will be updating regularly during and after the legislative process. #martynslaw #insurance #riskmanagement #guide #riskstop

Business insurance plays a crucial role in mitigating risk for businesses without limited liability protection. It can cover legal fees, settlements, and judgments, helping shield your business from the financial impact of lawsuits, accidents, or unforeseen claims. While it doesn’t directly protect personal assets, it provides essential coverage to manage risks that could otherwise devastate your business. #riskmanagement #businessinsurance #assetprotection #spbbusinesssolutions #businessformation

Still chasing a few CPD points before the deadline? We are here to throw you a lifeline! On Tuesday 5 March our expert presenters Olivera Stojanovska and Jessica Crollos will explore some of the common errors when it comes to privilege, and share their tips and tricks to equip you to navigate this complex landscape to protect your clients' interests and avoid facing costly litigation. For more information and to register, please click here: https://lnkd.in/gACRksDS #InsuranceSeminarSeries #insurance #CPDpoints 

The interplay between Tort Law and Liability Insurance is a crucial aspect of the daily work of claim handlers and coverage counsel. Practical responses to insurer duties and policyholder needs dominate the analysis, especially in complex coverage situations. A recent publication in the Yale Law Journal offers a fresh perspective by shifting from tactics to a comprehensive discussion on the role of insurance. This insightful collection of articles spans 91 pages, providing valuable insights for claim departments, risk managers, underwriters, and legal practitioners alike. Exploring the critical role of insurance in legal matters, these articles aim to enhance understanding and decision-making processes for professionals in the field. https://lnkd.in/gS3usKNr #Law #Insurance #YaleLawJournal #RiskManagement #LegalProfessionals

Leverage 40+ Years Insurance Expertise for Your Cases My ability to break down complex insurance concepts and provide clear, objective analyses has proven invaluable in numerous legal proceedings. Whether you require expert testimony, policy interpretation, claims evaluation, or damage assessments, I possess the insights that can significantly strengthen your case. https://lnkd.in/ggk3ZpxS #ExpertWitness #InsuranceWitness #TrialWitness

David G. Jordan and Janeen M. Thomas recently published an insightful Law360 Expert Analysis titled "A View Into NY's New Business Interruption Insurance Law." Their article explores New York's newly passed statute that allows for the issuance of business interruption insurance that covers economic losses from government shutdowns, active shooter incidents, and more, without the traditional prerequisite of physical property damage. This innovative law could provide critical protection for businesses depending upon insurer participation and pricing. Read their analysis to dive deeper into what this means for New York businesses! https://lnkd.in/dFbttWc7

A website for your law firm is a great avenue to address prospective clients, but what happens if someone perceives your webpage information as legal advice? #USIAffinity doesn't just consult attorneys on their #legalmalpractice insurance, but also their risk management procedures as well. A brief disclaimer to let readers of your website know that an attorney-client relationship is not established from the information provided is an easy but effective way to avoid a potential claim from misinterpretation of someone who never became a current client. Check out the attached article to learn more about how you can educate your prospective clients and strengthen your own #riskmanagement procedures.

PROTECT YOUR ASSETS! YOU NEED A “ COMMON LAW TRUST “ ‼️. #commonlawtrust #trust #insurance #wealthbuilding #wealthmanagement #wealthconsultant ‼️