Claims Expense means all expenses incurred by us, or by a Covered Party with our consent, in the investigation, negotiation, arbitration, settlement or defense of any Claim or Suit. Claims Expense includes:

Claims Expense means the expense of investigation and legal defense of a covered claim, including but not limited to claims for injunctive or declaratory relief, federal or state civil investigative demands, agency investigations from localFair Housing organizations, Attorney General inquiries, State and local Human Rights commissions and the EEOC; claims expense shall include court costs, appeals, and the cost of any necessary appeal bond, attachment bond, or other similar bond, but exclude any salaries or wages of Insured Persons.

Claims Expense shall have the meaning set forth in Section 9.01.

Examples of Claims Expense in a sentence

Claims Expense Claims Expenses incurred by the Assured in determining the amount of covered loss under this Bond in excess of the applicable Deductible Amount.
Average Medical Claims Expense is most often calculated for the quarterly reporting period.Days in Claims Payable (GAAP) = Medical claims liabilities, divided by average medical claims expense.
These incidental coverages do not increase the limit of liability stated for the principal coverages except: Claims Expense Coverage and First Aid Expense Coverage.
CountyCare Elimination represents the elimination of intercompany activity – Patient Service Revenue and Medical Claims Expense – for CountyCare patients receiving care at Cook County Health.
The PLF will defend a Covered Party against any Suit seeking Damages to which this Plan applies until the Claims Expense Allowance and the Limit of Coverage are exhausted.

More Definitions of Claims Expense

Claims Expense means (1) fees charged by attorneys designated by the Company and (2) all other fees, costs, and expenses resulting from the investigation, adjustment, defense and appeal of a claim, suit or proceeding arising in connection therewith, if incurred by the Company, or by the Insured with written consent of the Company. The Company, may at its option, pay such additional expense as it deems necessary to provide legal services to or for the benefit of the Insured to rectify an error or omission alleged against the Insured. The cost of such legal services shall be considered as claims expense hereunder; provided, however, that “claims expense” does not include salary charges or expenses of regular employees or officials of the Company.

Claims Expense means: (a) fees charged by any attorney or arbitrator designated by Us; (b) all other fees, costs and expenses resulting from the investigation, adjustment, defense or appeal of a Claim, arbitration, Suit or other proceeding, if incurred by Us or by the Insured with Our written consent. Claims Expense does not include salary or expense of Our employees.

Claims Expense means the cost of investigation, negotiation, arbitration, defense or administration of a Claim for Damages, made or threatened, including but not limited to the cost of experts, adjusters, attorneys and others deemed necessary by the Company to properly determine the facts of a Claim and evaluate the course of action to be taken. “Claims Expense” may include, at the sole option of the Company, premiums for appeal bonds, costs charged by a court in a Claim defended by the Company, pre-judgment and post-judgment interest expenses in a Claim defended by the Company, Legal Expenses incurred on behalf, by request or after prior written approval is granted by the Company and reasonable direct expenses, other than loss of income or loss of economic opportunity, incurred by the Insured at the request of the Company, excluding salaries or any other forms of compensation paid to owners, partners, directors or officers or others employed at any time by the Insured. Company

Claims Expense means expenses incurred by the "Insured" with the Company's consent in defense of a claim covered by this policy for investigation, medical examinations, medical testimony, court costs, interest on awards and judgments, premiums on bonds, and legal fees other than fees paid to counsel engaged by the "Insured" on a regular retainer, excluding salaries customarily paid to Employees and all other office expenses of the "Insured".

Claims Expense means all costs and expenses incurred in connection with the investigation, adjustment, and defense of any claim. Such costs and expenses shall only include:

Claims Expense means reasonable expenses incurred by the Insured in establishing the existence and amount of any direct loss covered in excess of the Deductible Amount of this Policy, as stated in the Declarations. The reasonableness of such expenses shall be determined by the Company and shall not include internal corporate obligations of the Insured, such as employee wages or internal costs.