lawyers liability News

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 …

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 …

Synergy Professional Associates Expands Lawyers Program to Washington

Synergy Professional Associates has launched a new lawyers professional liability program focused on small law firms in the state of Washington, in partnership with AmTrust Underwriters Inc., an AmTrust Financial Company. The new facility targets small law firms from one …

IronPro Launches Privacy, Security Endorsement for Lawyers PL Program

IronPro, the professional and management liability unit of Ironshore Inc., has introduced a network security and privacy breach endorsement that can be added to its lawyers professional liability (LPL) program. This new endorsement provides reimbursement for expenses incurred as a …

U.S. Risk Rebrands PL Division, Launches Program for Texas Lawyers

U.S. Risk Insurance Group, Inc., a nationwide managing general agency and surplus lines, has launched a new program for Texas lawyers’ professional liability through its U.S. Risk Pro division. This admitted program, written on AmTrust Group insurance carrier paper, has …

Law Firms See Rise in Malpractice Claim Frequency, Severity

Multi-million dollar payouts for legal malpractice claims are climbing, and so are the total number of claims for law firms, in general. A new study by insurance broker Ames & Gough found that most leading legal malpractice insurers reported more …

Law Firms’ Insurers to Compensate Investors Hurt by Mortgage Crisis

In a rare instance of law firms compensating investors burned in the mortgage meltdown, Greenberg Traurig and Quarles & Brady moved closer on Wednesday to settling a class action that accused them of participating in a $900 million Ponzi scheme. …