title: Avoiding the known prior acts exclusion when insuring newly acquired entities.
abstract: Adding a new entity to an organization's existing insurance program can be problematic if the existing policy contains a known prior acts exclusion clause. By purportedly excluding claims that a policyholder "could have reasonably foreseen or discovered," the known prior acts exclusion allows the insurer to reject those claims after a lawsuit has been filed policyholders should have known prior acts exclusion clauses removed from their policies or work with their insurers on language that will clarify the policy regarding this exclusion.
authors: Anderson, Kill and Olick, PC, New York, NY, USA.
authors: J P
authors: JP
authors: Gasior
authors: W G
authors: WG
authors: Passannante
mesh_terms: D006273:Health Facility Merger / Q000191:economics* / Q000331:legislation & jurisprudence; D019458:Insurance Coverage; D007351:Insurance, Liability; D007753:Laboratories / Q000331:legislation & jurisprudence* / Q000458:organization & administration; D008318:Malpractice / Q000191:economics / Q000331:legislation & jurisprudence*; D017008:Negotiating; D016134:Organizational Policy; D011050:Policy Making; D014481:United States