The market for lawyers professional liability insurance remains stable, with rate increases mainly in the single digits and ample capacity available, but claims are rising, and law firms’ exposures ...
NEW YORK--(BUSINESS WIRE)--AmTrust Financial Services, Inc., a global specialty property casualty insurer, today introduced a new Admitted Lawyers Professional Liability (LPL) policy from AmTrust PRO ...
CHICAGO--(BUSINESS WIRE)--HDI Global Insurance Company, the US subsidiary of international commercial insurer, HDI Global SE (HDI), today announced that they have formed a strategic partnership with ...
Maryland does not require lawyers to carry professional liability insurance. Oregon, West Virginia, Nebraska, and Rhode Island have forms of mandatory insurance. Many others, such as Delaware and ...
Insureds may find themselves liable to pay a plaintiff’s attorney’s fees in various contexts, whether by virtue of a statute or contractual provision. If prevailing party attorney’s fees are awarded, ...
In the context of third-party liability claims, a familiar arrangement arises when an insurer retains defense counsel for its insured: the tripartite relationship among the insured, the insurer, and ...
One of the nation’s most decorated and longest-standing insurance coverage practices has left its Am Law 200 home to launch Tyka, a boutique law firm focused exclusively on representing insurers in ...