Lawyers Professional Liability
Old Republic Lawyers Specialty Insurance (ORLSI) offers Lawyers Professional Liability (LPL) coverage through an exclusive network of Managing General Agents, referred to as “State Administrators,” for law firms with up to 35 attorneys.
Lawyers Professional Liability Coverage
- Experienced and dedicated team of underwriting and claims professionals exclusively focused on Lawyers Professional Liability insurance
- Expanding insurance and risk management products focused on law firm needs
- Exclusive network of State Administrators (MGAs) for law firms with up to 35 attorneys
- Broad area of practice appetite
- Risk Control Hotline for policyholders
- Policy limit options from $100K/$300K up to $5M/$5M
- Wide range of deductible options, including “First Dollar Defense”
- Option for Claims Expenses Outside Limits of Liability
- Comprehensive policy form offered on a primary admitted basis via PMA Insurance Group*
Key Policyholder Benefits
- Broad definition of “legal services” including pro-bono work and services as arbitrator, mediator, or other neutral fact finder, registered agent, title agent, notary public, administrator, conservator, receiver, executor, guardian, trustee, or any other fiduciary capacity (including investment advice in connection with such capacity). Legal services also include services performed
as a professional legal association member, director, or officer, as well as an author or publisher of legal research papers or legal materials or presenter of legal seminars or materials. - Mutual Consent to Defense Counsel
- Damages include amounts imposed under the FDCPA
- Early Claim Resolution Deductible Reduction up to 50% (capped at $12,500)
- Title Agency Coverage subject to underwriting
- Risk Control Hotline
* ORLSI insurance contracts are underwritten and issued by one or more of the following: Pennsylvania Manufacturers’ Association Insurance Company; Manufacturers Alliance Insurance Company; Pennsylvania Manufacturers Indemnity Company, rated A+ (Superior) XV by AM Best and A2 Stable by Moody’s. Rating determinations made by rating agencies are subject to change from time to time. While the Company attempts to show accurate information, it cannot assure the timeliness of ratings referred to herein and assumes no obligation to monitor the ratings actions of any rating agency. AM Best ratings as of August 20, 2024. For the latest Best’s Credit Ratings, access www.ambest.com.