U.S. personal injury law firm Morgan & Morgan sent an urgent email this month to its more than 1,000 lawyers: Artificial intelligence can invent fake case law, and using made-up information in a court filing could get you fired. A …
To address the growing risks faced by middle market law firms, Berkley Select said it enhanced its lawyers professional liability (LPL) offerings, adding new coverages, more flexible policy forms and expanded capacity. Berkley Select’s lawyers professional liability coverage enhancements include: …
As the criminal trial of a New York lawyer charged with bilking lottery winners out of millions of dollars got underway this week in a federal court in Brooklyn, one insurer was likely watching closely as it will be picking …
Almost all insurers that participated in a recent survey said they have been involved with a lawyers professional liability insurance (LPLI) claim of more than $50 million in the last two years – and at least one paid a claim …
The Hanover Insurance Group Inc. said it has enhanced its product suites for lawyers and healthcare facilities. The Hanover Lawyers Advantage product suite offers stand-alone professional liability coverage for a wide range of law firms. In addition to a new …
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 …
A unit of Warren Buffett’s Berkshire Hathaway Inc. claims a top international law firm helped German piping component maker Wilhelm Schulz GmbH fraudulently conceal its disastrous finances before its 2017 acquisition by the U.S. company. Berkshire unit Precision Castparts Corp. …
Munich Re Specialty Insurance has launched a lawyers professional liability (LPL) insurance product, an errors and omissions policy specially designed for mid-size law firms. The LPL policy provides up to $5 million in primary or excess liability coverage for errors …
Rolling Meadows, Illinois-based Risk Placement Services (RPS) has expanded its exclusive admitted lawyers professional liability program into New York and Texas, states considered to have the largest number of attorneys in the U.S. With the product expansion, independent agents and …
Synergy Professional Associates, in partnership with Tokio Marine HCC – Professional Lines Group, has launched two new lawyers professional liability programs focusing on small law firms in Arizona and Texas. The new facilities target small law firms from one to …
