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LAWPRO Errors and Omissions Coverage

Wondering whether your practice structure could expose you to liability for other lawyers’ work?

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Lawyers working “in association” need to consider how they may be perceived by clients and the public, since those who hold themselves out as a law firm risk being treated as such by the courts and can expect to be held to the same conflict requirements as a law firm partnership. That’s according to a… Read More »

Categories: LAWPRO Errors and Omissions Coverage, Law Practice Management

Malpractice insurance in foreign jurisdictions: An update

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In the Fall 2011 issue of LAWPRO Magazine LAWPRO Magazine articles we highlighted malpractice insurance issues in other countries around the world. In the June 2014 issue we provide an overview of the recent experiences in England, Wales and Ireland, where a transition from mandatory programs to the open commercial market occurred. Click here (or… Read More »

Categories: LAWPRO Errors and Omissions Coverage

Changes to the 2014 LAWPRO insurance policy

errors-and-omissions-coverage

The October 2013 issue of LAWPRO Magazine highlights the changes to the LAWPRO insurance policy that will become effective for 2014. Click here for a full description of the changes and how they might impact you. Here’s a quick summary: Base premium for 2014: $3,350 (unchanged since 2011) $10,000 increase in deductible applied to certain… Read More »

Categories: LAWPRO Errors and Omissions Coverage

What work does my professional indemnity insurance coverage cover?

errors-and-omissions-coverage

Here at LAWPRO, it’s professional indemnity insurance renewal time, and Ontario lawyers are being asked to make decisions about deductibles, innocent party coverage, run-off coverage buy-up, and many other insurance issues. With all of the information to consider, it can be easy to lose sight of one of the most important issues of all: which… Read More »

Categories: LAWPRO Errors and Omissions Coverage

What is a claims-made-and-reported policy?

errors-and-omissions-coverage

The following is a sidebar to the article ‘Here Today, Gone Tomorrow: Insurance Implications of Lawyer Transfers and Practice Structures’, which appeared in the January 2012 edition of LAWPRO Magazine. Not all insurance policies work the same way. One factor that differs is how a policy that is renewed annually “matches” claims to policy years…. Read More »

Categories: LAWPRO Errors and Omissions Coverage

Excess Malpractice Insurance: Do you have sufficient coverage?

errors-and-omissions-coverage

One area of insurance coverage that deserves special attention is excess insurance. It provides an additional layer of insurance protection should your defence and indemnity payments exceed the $1 million per claim/$2 million in the aggregate limits provided by the primary LAWPRO insurance program. Why should you consider buying Excess insurance? Consider these facts: One… Read More »

Categories: LAWPRO Errors and Omissions Coverage
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