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Entries Tagged as 'Insurance'

Mandatory insurance proposal open for comments

July 15th, 2008 · No Comments · Insurance, Virginia State Bar

The Virginia State Bar is seeking comments to the proposal that all active VSB members engaged in the private practice of law representing clients (either individuals or entities) drawn from the general public be covered under a professional liability (malpractice) insurance policy.  The linked page includes a link to the text of the proposal.
By Peter […]

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Mandatory malpractice insurance debate resumes

June 16th, 2007 · No Comments · Insurance, Virginia State Bar

The Virginia State Bar Council has agreed to conduct a thorough discussion at its Oct. 19 meeting on whether the VSB should require that all lawyers who represent the public carry malpractice insurance.
Darrel Tillar Mason, the chairman of a subcommittee studying the issue, came to council Thursday with a more modest proposal: requiring submission of […]

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Virginia’s viatical settlements law upheld

May 1st, 2007 · 1 Comment · 4th Circuit, Insurance, Viatical Settlements

Virginia’s law regulating viatical settlements has been upheld by a panel of the 4th U.S. Circuit Court of Appeals.
In a viatical settlement, a terminally ill patient sells a life insurance policy to a third party that picks up the premium payments and collects the proceeds when the patient dies, notes The Associated Press.
Virginia’s law […]

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