First Indemnity Insurance Group, a specialty insurance agency providing professional liability products for lawyers and law firms, has launched Excess Protect insurance coverage for law firms of one to 750 attorneys.
Excess Protect, which was created in response to shrinking capacity and higher rates in the professional liability market, is designed to help protect law firms that may be carrying inadequate coverage or are seeking higher limits.
First Indemnity provides Excess Protect through a carrier rated A (Excellent) by A.M. Best. Coverage can be written on an admitted or non-admitted basis, with both follow and non-follow forms available.
The minimum attachment point or the amount over which Excess Protect would apply, is $100,000 with limits written up to $10 million.
Founded in 1989, First Indemnity Insurance Group uses in-house underwriters and maintains seven regional offices in Boston, New York, Philadelphia, Tampa, Chicago, Dallas and Los Angeles. It is headquartered in Lynn, Massachusetts.
Topics Excess Surplus Liability
Was this article valuable?
Here are more articles you may enjoy.
Mississippi Insurance Dept. Top Examiner Named in $90M Credit Union Theft Suit 
Danone US Sues Chobani Over High-Protein Yogurt Labeling Claims 
To Carriers’ Relief: New Florida Rule Won’t Count Mediation Requests as Complaints 
Wall Street Is Gaining Access to New Catastrophe Models to Help Predict Wars 
