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 ?
Everyone needs a hero, and mine are the miscellaneous professional liability underwriters.
Professional Liability Underwriting Society: Bermuda Perspectives Symposium, May 1-2, Hamilton Princess, Hamilton, Bermuda, www.
With the professional liability program offered through the ADAA-endorsed program, you receive the protection you need against covered allegations of professional malpractice.
Providers should return to their insurance carriers and earnestly explore those sections of their general and professional liability policies under "insuring agreements" to see if language provides for provider input before settlement occurs.
The AICPA Professional Liability Insurance Program remains committed to the goals established at its inception.
Unfortunately, traditional professional liability insurance policies that work in other industries fall short in the real estate business, where we often see gaps in coverage and disputes between carriers over coverage issues," said Alexandra Glickman, a managing director of Marsh and leader of the company's Real Estate and Hospitality Practice.
Reina is one of the most experienced professional liability underwriters in the world," said Kemper President William D.
The program's success also is the result of the FICPA's decision to promote the purchase of professional liability insurance by FICPA members.
A written agreement provides that the hospital will reimburse the physician for the cost of one year's professional liability insurance in exchange for an agreement by the physician to treat a reasonable number of Medicaid and charity care patients during that year.
Whether you are purchasing a new policy or litigating a claim, Professional Liability Insurance makes even the most complex issues understandable and accessible.
9 /PRNewswire/ -- The CNA Insurance Companies, the nation's largest professional liability insurer, announced today the formation of a single health care business unit to meet the professional liability needs of health care providers.
For this story to have a happy ending, however, providers will have to successfully deal with a host of new professional liability management issues.

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