Claims-Made Policies — on the Way Out?

Q

I have a question about the claims-made liability coverage forms. I always thought that a claims-made policy was accepted all over the country as a standard insurance policy; now, I hear that some courts are holding claims-made policies void and unenforceable because they are against public policy. Can you shed some light on this? I have many clients with professional liability policies written on a claims-made basis and if those type of policies are under fire by the courts, I need to know. Please help.

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