professional liability


Also found in: Acronyms.

professional liability

the legal obligation of health care professionals or their insurers to compensate patients for injury or suffering caused by acts of omission or commission by the professionals. Professional liability is a better characterization of the responsibility of all professionals to their patients than is the concept of malpractice, but the idea of professional liability is central to malpractice.

professional liability

The obligation that a professional practitioner has to provide care or service that meets the standard of practice for his/her profession–ie, reponsibility; when a professional fails to provide the standard of practice, liability refers to the obligation to pay for damages incurred by negligent acts. See Liability, Malpractice.

professional liability

The obligation of health care providers or their insurers to pay for damages resulting from the provider’s negligent acts of omission or commission in treating patients.
References in periodicals archive ?
Gary] will be a great addition to the Professional Liability Practice Group led by Charlotte Finver," Mark Arnold, Brokerage Division Director.
While professional liability claim frequency showed a decrease of one percent annually, new to this years study is a focus on the correlation between professional liability and workers compensation claims.
At that point, they become mature enough to spin off onto their own specialized professional liability insurance products.
Professional Liability Underwriting Society:e Medical Professional Liability Symposium, March 14-15, Sheraton Chicago Hotel and Towers, Chicago, www.
Often, dental assistants will be offered a professional liability insurance policy through their employer.
As a springboard for deeper reflection, I have sought and received copies of numerous general and professional liability policies from colleagues in the field.
The goals of the program are to provide nationwide professional liability protection responsive to the scope of services CPA firms offer, ensure long-term stability, and assist CPAs in the management of liability risks inherent in public practice.
Kemper Vestis automatically provides Internet liability coverage with the purchase of investment advisor professional liability, mutual fund management and professional liability, or service provider professional liability.
The integrated policy can include coverage for directors and officers liability, professional liability, pollution liability resulting from professional negligence, employment practices, and general partner's liability resulting from real estate operations.
Potential compromise in professional liability policy coverage.
The incentive package includes a signing bonus, physician's professional liability insurance premium for a limited period, office space for a limited term at a below-market rent, and a guarantee for the physician's mortgage on a residence in the county in which the hospital is located.
Professional Liability Insurance provides complete, in-depth coverage, from the basics of professional liability insurance policies to complex issues that arise once a claim is made.

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