lawyers professional liability News

Professional Liability Insurance Brokerage, Gemini Risk, Launched in Michigan

Experienced lawyers and insurance professionals David Kramer and Theodore Nittis have launched Gemini Risk Partners as an independent professional liability insurance brokerage in Bloomfield Hills, Michigan. The firm will focus on serving law firms, as it did when it was …

Lockton Affinity Adds Cyber Coverage to Lawyers PL Program

Lockton Affinity Lawyer has added CyberLock Lawyer to its portfolio of products for lawyers and firms with one to 19 attorneys. The CyberLock Lawyer cyber risk insurance policy protects firms and attorneys from cyber risks, such as confidentiality and privacy …

Lockton Appointed Program Administrator of Swiss Re Lawyers PL Program

Lockton Affinity has been appointed as the exclusive program administrator for Swiss Re Corporate Solutions Lawyers Professional Liability Insurance for firms with one to 19 attorneys in California, Kansas, Missouri and Texas, effective January 1, 2018, Benefits of the Lockton …

Markel Enhances Professional Liability Coverage for Hard-to-Place Law Firms

Markel Corporation has enhanced its policy form and protections for hard-to-insure law firms which can no longer secure coverage in the admitted markets. This coverage is available on an excess and surplus (E&S) lines basis using a claims-made policy form. …

Insurers Say Legal Malpractice Claims Hold Steady But Defense Costs Rise

Most leading legal malpractice insurers saw their claims level off in 2016 although their cost to defend claims continued to escalate. A study by insurance broker Ames & Gough finds that while the number of new malpractice claims brought against …

Argo Pro Enhances E&O Coverage for Professional Services Firms

Argo Pro, a member of Argo Group International Holdings, Ltd., has launched a new Argo PROtect line of products and enhanced errors & omissions (E&O) forms for four different classes of professional services. The following E&O PROtect forms are currently …

CNA Adds Data Breach, Network Security Endorsement to Lawyers’ PL Policy

CNA has launched a new lawyers’ data breach and network security endorsement. The new endorsement is available as part of CNA’s Lawyers’ Professional Liability (LPL) policy. The CNA LPL policy provides coverage for client network damage claims up to the …

ProSpecialist Insurance to Offer Lawyers PL in New York Through ProAssurance

ProLawyer Insurance, dba ProSpecialist Insurance Services, has been appointed by ProAssurance/Medmarc LawyerCare as the provider of its lawyers professional liability coverage in the state of New York. The product offers admitted coverage designed for law firms with one to 25 …

Pearl Insurance Expands Lawyers PL Program to Florida, Georgia

Pearl Insurance, a third-party administrator, has expanded its Lawyers Professional Liability program to Florida and Georgia. The program is designed for law firms with one to 35 employees. Pearl Insurance has over 60 years of experience in providing professional liability …

New MGA Founders Specialty Targets Professional Liability Risks

National wholesale insurance broker, Founders Professional, has opened a new managing general agency, Founders Specialty, which will focus on developing products primarily in the professional liability space with key insurance partners. Founders Specialty will be led by industry veteran, Stephen …