Join Holmes Murphy Construction to explore the significant stakes involved with your professional liability policy retentions. Legal fees are drawn from that retention, and it’s important to understand the checks and balances in place to safeguard your hard-earned money. In this session, we will discuss the lifecycle of the billing process when a claim file is opened. How are defense expense reserves determined? Does the carrier review and analyze legal bills? What happens in case of discrepancies? Tune in as we delve into these questions and more.
This session qualifies for 1 CEU and is eligible for AXA XL Premium Education Credit for policy holders. To meet AXA XL participation requirements, more than 50% of the firm’s principals/partners as well as more than 50% of the firm’s project managers, must attend. The course is also registered for AIA Continuing Education credit, and certificates of completion will be provided. For additional information, please contact Leslie Babcock at [email protected].