10 tips for reducing your E & O exposure.(insurance connection)
Publication Date: 22-MAR-07
Publication Title: Valuation Insights & Perspectives
Format: Online
Author: Wiley, Robert C. ; Gaglione, Claudia

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Description

Over the past 12 years, Liability Insurance Administrators has compiled a variety of Claim Alerts based on the breadth of errors and omissions claims it has received. The following is a quick overview of tips appraisers can keep in mind, and put into practice, to minimize their E & O exposure, along with references to Claim Alerts that expand on some of those topics. These full Claim Alerts are available on LIA's Web site at www.liability.com.

1. Keep each file in anticipation of litigation.

* Document as much as possible.

* Keep notes of verbal instructions.

* Ask yourself if...



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