Darwin Professional Underwriters, Inc. has unveiled a new lawyers professional liability program designed to cover standard market risks. New York-based Professional Coverage Managers has been selected as the program administrator for this product segment.
The program will be available on an admitted basis in Colorado, Georgia, New Jersey, New York, Ohio, and Pennsylvania and is geared towards law firms in all practice areas, including, but not limited to criminal, residential real estate, and family law.
The product offers several distinct features including extended reporting period options (bi-lateral ERP, disability, death, and cessation of practice). Supplementary coverage of up to $5,000 for grievance procedures is also available. Policyholders will also receive a suite of risk management resources including, a 24-hour hotline, online CLE credits, and access to a web site with practical business, legal, and industry information.
Sources: Darwin www.darwinpro.com
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