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National Union Fire Insurance Company of Pittsburgh, Pa. (herein called the Insurer)LAWYERS PROFESSIONAL LIABILITY APPLICATION NOTICE THIS IS AN APPLICATION FOR INSURANCE WRITTEN ON A CLAIMS MADE
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Defense cost reduction is a term used in insurance to describe a reduction in the costs associated with defending against a claim or lawsuit.
Insurance companies and policyholders are typically required to file defense cost reduction documentation.
Defense cost reduction forms can usually be filled out online or submitted through the insurance company's portal.
The purpose of defense cost reduction forms is to accurately report any reductions in defense expenses to the insurance company.
Information such as the amount of the reduction, the reason for the reduction, and any supporting documentation may need to be reported on defense cost reduction forms.
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