AR815-CON Malpractice Defense & Insurance

CE 1 | ARM

This pre-recorded offering is eligible for ASA CE credit, however members must maintain a IAC Session CE Credit Form as evidence of continuing education hours completed every five (5) years, in the event submission is required (if audited). Review the form and for more information on maintaining your ASA membership and designation, log into your ASA member profile and review My Reaccreditation. 

Session Description

Appraisers, both as professional appraisers advising clients and in performing professional appraisals, and as expert witnesses, generally feel invulnerable to malpractice claims.  While such are rare, and there are significant legal/statutory defenses to liability as expert witnesses, such claims do occur.  In an economic downturn such as the 2008 recession, appraisers become the targets of thousands of lawsuits across the United States.  This presentation presents exemplars of such malpractice lawsuits against appraisers; identifies the nature of these claims when made; and identifies strategies for preventing or minimizing malpractice claims.  The presenter has extensive experience addressing insurance coverage for these claims on behalf of domestic and London insurers.  He will explain the types of coverage, limitations of coverage, and factors to consider in procuring E&O coverage.

Speaker Information

Larry Hoellwarth, Member | Karbal, Cohen, Economou, Silk & Dunne, LLC

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Disclaimer: The opinions expressed in this presentation are that of the presenter(s) and do not necessarily reflect the views and opinions of the American Society of Appraisers.

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System requirements for viewing downloads.

Pricing $69.00
ASA-Member $49.00
Non-Member $69.00
Available Yes