The Trust News & Articles
Strengthening Psychology’s Foundation: The Trust’s Enduring Commitment to the Profession
At The Trust, our mission extends beyond providing liability insurance. It’s about protecting the profession itself, ensuring that psychology remains strong, sustainable, and able to thrive for generations to come. The Changing Landscape of Psychology As a profession, psychology is confronting a moment of profound change. The field is evolving quickly, but so are new
What’s the Difference Between Claims-Made and Occurrence Insurance Policies?
When it comes to professional liability insurance, knowing exactly what you’re buying is crucial. For psychologists and mental health professionals, understanding the coverage options and core differences between claims-made and occurrence coverage helps ensure your protection and your peace of mind—matches your career and your budget. Nearly all liability policies fall into one of two
Supporting the Business Side of Practice
One of the greatest gaps in our field isn’t clinical—it’s business. While psychologists receive years of training in research, ethics, and therapy modalities, few programs dedicate time to the practical knowledge needed to establish and sustain a successful practice. As a licensed psychologist and Deputy Director at The Trust, I’ve seen this gap firsthand across
American Insurance Trust Names Chief Executive Officer
The American Insurance Trust (The Trust) is pleased to announce the appointment of John W. Davison, Ph.D., MBA, as its Chief Executive Officer (CEO), effective March 1, 2024. Dr. Davison brings a wealth of experience, with a proven track record of team building and leading complex organizations. Dr. Davison will be replacing outgoing CEO Jana
Trust Board Statement: Our Commitment to Equity, Diversity, Inclusion and Belonging
The Trust companies are committed to prioritizing and supporting initiatives that promote equity, diversity, inclusion, and belonging. These values are vital to The Trust’s mission as a business entity providing products, services, and education and training to its policyholders. This is consistent with our commitment to act in an honest and ethical manner, and in
Why You Should Attend the National Practice Conference 2023
Do you want to enhance your risk management skills and connect with leading professionals and colleagues in the field, all while earning live continuing education credits? You’ll find that and more at the National Practice Conference 2023 (NPC 2023)! No other conference provides such a unique blend of legal, clinical and risk management skills in a manner
5 Retirement Planning Mistakes to Avoid
When it comes to retirement, thoughts of getting away to a secluded beach or finally getting to that special hobby you’ve been putting off comes to mind. But most don’t think about the financial planning that makes retiring comfortably possible. So, whether you’re just beginning your career or coming close to your retirement, it’s important
Managing Your Risks for Long Term Care: Do Not Be Caught Off Guard
Planning for longevity and figuring out how to pay for it if we need extended care is increasingly in the news, especially for women and those with a history of longevity in their families. The resulting risk of needing assistance with daily living activities that we take for granted now (such as getting in and
Preliminary Risk Management Guidance in the Face of Dobbs
The recent United States Supreme Court decision, Dobbs v. Jackson Woman’s Health Organization (Dobbs), which overturned Roe v Wade, represents a powerful change in our society that has stirred very strong emotional responses for many of us. Although the primary issue is how Dobbs will impact women in states which outlaw abortion, the decision has the potential to create ethical,
Considerations for Deepening Cultural Competence and Humility
During the first half of 2021, several members of the Student and Early Career Psychologist (SECP) Committee participated in a project-based mentoring program, in which early career policyholders were matched with an SECP member and veteran policyholder to discuss several issues, including one regarding diversity, equity and inclusion issues (DEI). These mentoring meetings occurred virtually over
FAQ – No Surprises Act | January 31, 2022
These rules do not apply to people with coverage through programs like Medicare, Medicaid, Indian Health Services, Veterans Affairs Health Care, or TRICARE because these programs already have patient/client protections in place against unexpected, high medical bills. CMS has model forms for each of these documents. There are different forms for facilities vs. healthcare providers, so one
Guidance on the No Surprises Act (NSA)
Preface to The Trust’s Preliminary Guidance on the No Surprises Act (NSA) January 4, 2022* Dear Colleagues, While it is clear that most of us were “surprised” by the No Surprises Act (NSA), it’s not clear what those in independent practice settings should do to be in compliance. Many, including us, have opined various thoughts and recommendations, but, because
NOTE: This information is provided as a risk management resource and is not legal advice or an individualized personal consultation. At the time this resource was prepared, all information was as current and accurate as possible; however, regulations, laws, or prevailing professional practice standards may have changed since the posting or recording of this resource. Accordingly, it is your responsibility to confirm whether regulatory or legal issues that are relevant to you have since been updated and/or to consult with your professional advisors or legal counsel for timely guidance specific to your situation. As with all professional use of material, please explicitly cite The Trust as the source if you reproduce or distribute any portion of these resources.