Articles with insights and tips to help attorneys and law firms improve their practice, adapt to market changes, explore tech, stay informed, and protect it all with tailored insurance solutions.
The insurance market runs in cycles. Soft markets bring lower premiums and broader coverage, while hard markets come with rising costs and stricter underwriting. This article explains what each phase means for law firms and how to navigate renewals, choose the right carrier, and protect your practice over the long term.
Price vs. Value: Making Informed Choices When Shopping for Lawyers Professional Liability Insurance
Make informed decisions when it matters most by knowing how to handle a malpractice claim, when to report it to your carrier and how prompt reporting impacts both your practice and the insurance carrier.
When purchasing insurance coverage, it is important to understand the differences between an occurrence policy form and a claims-made and reported basis policy.
Knowing what changes can affect your liability insurance policy, and which need to be reported to your agent ASAP is important.
Ask the difficult question: Will my law practice be adequately protected with the insurance coverage and limits I have chosen?
Be careful when switching your professional liability insurance policy. There can be dangers if you don’t know what to watch out for.
There are many factors that can contribute to law firms being more or less attractive to admitted insurance carriers. The good news is you can control some of them.
Insight from a seasoned agent on how insurance carriers categorize different AOPs, and how these factors can contribute to the calculation of your overall premium.
Your Professional Liability Insurance carrier is on your side. You have the same goals: to minimize liability and mitigate the claim damage.
There are many factors that contribute to making a firm more or less attractive to insurance carriers. The good news is you can control a lot of them.
You’ve been sued … by a client you never had … for damages in a case you never worked. So, why are they suing you?
Begin the experience for yourself: prompt contact from an agent, a no-obligation estimate tailored to your needs, and the professional reliability your business deserves!
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