Question

In: Economics

Liability policies, such as personal liability, professional malpractice, or business liability insurance, do NOT protect the...

Liability policies, such as personal liability, professional malpractice, or business liability insurance, do NOT protect the insured against

a.

a personal injury on the insured's property, such as the mail carrier who slips and falls on the owner's sidewalk.

b.

someone injured by the insured away from home or business.

c.

claims for property damaged by the insured.

d.

intentional harm caused by the insured.

Solutions

Expert Solution

Ans) the correct option is d) intentional harm caused by the insured.

the own international torts or wrongful acts do not protect the insured


Related Solutions

What is the need for hospital and physician professional liability coverage (malpractice insurance) in American health...
What is the need for hospital and physician professional liability coverage (malpractice insurance) in American health care today. Why is malpractice coverage so extremely expensive today? Do you think the need for liability insurance adds to or detracts from the patient care that is provided?
What are the different types of insurance policies that you would recommend to protect personal risks?...
What are the different types of insurance policies that you would recommend to protect personal risks? Discuss the merits for each of the types of insurance policies.
Is the public served by the availability of business formats which protect individuals from personal liability?...
Is the public served by the availability of business formats which protect individuals from personal liability? Identify and Describe the alternatives? Do you agree with the availability of business formats that protect individuals from personal liability? Defend your position.
talk about a pharmacist professional liability and malpractice issues?, provide examples
talk about a pharmacist professional liability and malpractice issues?, provide examples
Using the Stark Insurance Group data on closed claims for medical malpractice liability insurance (presented in...
Using the Stark Insurance Group data on closed claims for medical malpractice liability insurance (presented in the previous tables), determine if medical malpractice was more risky during the 2010-2013 period than it was in the 2014-2017 period. Injury year Estimated # of claims Estimated $ per claim 2010 1021 $415,326.26 2011 1087 $448,871.57 2012 1184 $477,333.66 2013 1291 $490,215.19 2014 1191 $516,696.63 2015 1098 $587,233.93 2016 1055 $536,983.82 2017 1110 $403,504.39 Calculate the standard deviation in the estimated payment per...
From the same Texas Department of Insurance data on closed claims for medical malpractice liability insurance...
From the same Texas Department of Insurance data on closed claims for medical malpractice liability insurance referred to in Problem 1, we can estimate the number of claims in each year of injury that will be closed in the next 16 years. We obtain the following data. Here the estimated dollars per claim for each year have been adjusted to 2007 dollars to account for inflation, so the values are all compatible. Texas was said to have had a “medical...
In 15 sentences, indicating how Professional Liability & Medical Malpractice impact healthcare for you, us, Texas...
In 15 sentences, indicating how Professional Liability & Medical Malpractice impact healthcare for you, us, Texas , the USA , and/or the world community.
how the legal liability regime and personal auto liability insurance may change with the introduction of...
how the legal liability regime and personal auto liability insurance may change with the introduction of fully autonomous vehicles to our environment. If you are hit by a fully autonomous vehicle with no occupant driving, who is liable for any injuries or property damage? Do you sue the vehicle owner, vehicle manufacturer or do we go to some form of no fault liability regime?
How do statutes of limitations protect professional nurse-defendants? Do they also protect the injured parties?
How do statutes of limitations protect professional nurse-defendants? Do they also protect the injured parties?
Malpractice is negligence by a professional, but not all malpractice is negligence (Stubenrauch, 2007). Construct a...
Malpractice is negligence by a professional, but not all malpractice is negligence (Stubenrauch, 2007). Construct a legal situation in nursing, incorporating examples of the four elements (duty, breach, causation, and damages) needed to prove malpractice.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT