ISBA Mutual Lunch and Learn: Anatomy of a Lawyers’ Professional Liability Policy

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ISBA Mutual Lunch and Learn: Anatomy of a Lawyers’ Professional Liability Policy

When: 5/22/2018
Where: ISBA Mutual Offices
What: Lunch and Learn: Anatomy of a Lawyers’ Professional Liability Policy


Lawyers have a professional responsibility to put the needs of their clients first, and part of that responsibility is making their client whole in the event of a professional error that causes harm. That’s why lawyers purchase professional liability insurance. But what exactly is in the policy? This presentation outlined the who, what and when of a lawyers’ professional liability insurance policy so that lawyers can make an informed decision that protects them and their clients. Specific things you will learn include:

  • What is a Claim? What is Malpractice?
  • Coverage Agreements
  • The Named Insured
  • Common exclusions
  • Essential dates
  • Common conditions that may or may not influence coverage
  • Supplemental coverages
  • Explanations of other common policy terms

1.0 hour of approved MCLE credit, including 1.0 hour of professional responsibility MCLE credit.


Speakers:

  • Mosea Harris, Claims Examiner, CCP, ISBA Mutual Insurance Company
  • Orsola Meo, Underwriter, ISBA Mutual Insurance Company

Handout: