Professional Malpractice Insurance Professional Practice

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Mandatory PI insurance for lawyers - minimum requirements approved

By decree no. 22 September 2016, published in the official gazette on 11 October 2016, the minimum requirements of the mandatory PI insurance for lawyers have been approved. The main minimum requirements are summarized below....more

Agent and Broker PL Claims Trends [Video]

From the 2015 PLUS Conference session “PLI for Agents and Brokers: Increasingly Risky?,” Peter Biging (Goldberg Segalla LLP) and Lisa Doherty (Business Risk Partners) discuss the evolving claims environment, including the...more

Illinois Supreme Court Debates Applicability of Innocent Insured Doctrine

Does the innocent insured doctrine – which provides that one of multiple insureds doesn’t necessarily lose coverage if he or she wasn’t involved in a breach – apply to renewal applications? That’s the question the Illinois...more

Accountant And Attorney Liability Newsbrief - Fall 2013

In This issue: - First Circuit Rejects Scapegoating and Diversionary Tactics by Plaintiff’s Counsel - Doing Wellness Right - Federal Judge Rules Law Firm Not Liable Under Chapter 93A - In Massachusetts, Employers...more

Should Malpractice Insurance Be a Cost-Cutting Target?

For law firms today, the survival equation is simple: Profits equal revenue minus expenses (P = R-E). When recession cuts revenue, cutting expenses is often seen as the most feasible way to preserve profitability. The largest...more

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