Insurance Insights

A lawyer’s professional liability insurance policy is more than a declarations page. The declarations summarize key details such as the policy period, limits, deductible, and premium. But the insuring agreement, definitions, exclusions, conditions, and endorsements determine how coverage operates. The sections should be read together to understand who is insured, which professional services are addressed, […]

If you’ve practiced law for any length of time, you’ve probably heard the term tail coverage. Known colloquially as “tail” insurance, an extended reporting endorsement (or extended reporting period) is an important aspect of malpractice insurance coverage that can provide protection from claims arising after a policy expires. Over the years as we’ve worked with […]

Professional insurance for lawyers often starts with legal malpractice coverage, but it shouldn’t necessarily end there. Law firms face a variety of operational, technological, and business-related risks that may require different forms of risk management. Each policy serves a different purpose, covers different types of risk, and may respond to claims differently. A combination of […]

Legal malpractice insurance is one of the most important forms of risk protection available to lawyers and law firms. Whether you are a solo practitioner, part of a small firm, or managing a larger practice, understanding how professional liability coverage works can help you evaluate your options and make informed decisions about protecting your practice. […]

For lawyers, the costs of professional liability insurance can vary significantly from one practice to another. Premiums may depend on factors such as practice area, firm size, claims history, coverage limits, and the scope of protection selected. While price is an important consideration, the lowest-cost option may not provide the coverage a practice needs. This […]