Patent ID: 7930194
Filing Date: 2011-04-19
Classification: G06Q

Abstract:
1. A method of using an electronic digital computer system to deter prosecution of frivolous professional liability claims against professionals by recipients of professional services, said method comprising: accepting entry into said computer system of application data from a professional for a plan of insurance to deter prosecution of frivolous professional liability claims against professionals by recipients of professional services by paying legal costs of prosecuting an improper prosecution claim against a proponent of a frivolous professional liability claim, said application data including acceptance by said professional of a condition of coverage under said plan of insurance requiring said professional to obtain a written agreement from each new recipient of services from said professional, said agreement specifying that in connection with any claim by said recipient against said professional, said recipient will engage only an expert witness who belongs to a professional society having a code of conduct for expert testimony and having a disciplinary procedure for violations of said code of conduct; accepting entry of underwriting data into said computer system; processing said application data and said underwriting data in said computer system, including computing pricing for said plan based on said application data and said underwriting data, and issuing said plan of insurance based on said application data and said underwriting data; accepting entry into said computer system of a request, from a covered professional, for benefits under said plan of insurance, said request including a report of a professional liability claim, including data regarding said professional liability claim and disposition thereof, and data regarding imposition of discipline against said expert witness by said professional society; and processing said request for benefits in said computer system to make a determination of whether said reported professional liability claim is frivolous; wherein: said processing said request for benefits comprises consideration by said computer system of said data regarding imposition of discipline against said expert witness by said professional society.