Originally Posted by rickair7777

The 141 CP (and former DPE) at the last flight school I worked had three lawsuits pending, one of which had dragged out over 7 years . That was why he gave up DPE. One lawsuit was IMC fatality related ($$$). Another involved a aircraft destroyed on landing, the insurance company paid out, then went after the CFI and DPE. Not sure what the third one was about. OK, this was in California, so your risk is probably lower in say Tennessee

But the point I'm making is if you have assets, make sure you are protected! And IPC's are the riskiest endorsement to give, because you just turned somebody loose in the most hazardous aspect of private GA.

If you have any doubts, and if this is more than an academic question (ie you really have something to lose) talk to your local DPE. Those guys know all about it...