Advocates’ Society CLE Event: Malpractice Insurance- What are you buying? What are carriers selling?

When: 4/26/2018
Where: ISBA Mutual Offices
What: Advocates’ Society CLE Event
Presentation: Malpractice Insurance- What are you buying? What are carriers selling?


Outlined the Who, What, When and Why of a malpractice insurance policy so that lawyers can make an informed decision that protects them and their clients.

What participants learned:

  • The difference between a Claims Made and Reported Policy and an Occurrence Policy
  • The Named Insured – who is and is not covered
  • What is a Claim? What is Malpractice?
  • Calendar math – the policy and claim dates that affect whether claims are covered
  • Succession Planning, Retirement and Extended Reporting Periods
  • Common conditions that may or may not influence coverage
  • Common exclusions
  • Common endorsements and coverage

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


Speaker:

  • Brian Olson, Director of Member Services, ISBA Mutual Insurance Company

Handouts: