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Chubb - Executive Risk

Contact
James L. Rhyner
15 Mountain View Road
Warren, New Jersey 07059
PH: 908/903-5183
Email:

States Where the Carrier Writes:
All States and Puerto Rico

Do you write professional insurance for judges:
No

# of Years Writing Legal Insurance:
15 Years

Restrictions:
None

Size Guidelines:
Writes firms of 10 or more attorneys

Highest Available Limits of Liability:
$25 million each claim; $50 million aggregate

Deductible:
Minimum varies with firm size & liability amount; no maximum

Limits in Excess of Deductible:
Yes

Defense Costs Included in Limits:
Yes

Insured's Activities for Entity Not Covered by Policy:

Securities Exclusion:
No

Defense for Malicious Prosecution, Abuse of Process or Defamation:
Yes, defamation in connection with performance of professional services

Prior Acts Coverage:
Insured attorneys covered for claims arising from professional services rendered on behalf of or in the name of insured firm whenever committed.

Input Re: Selection of Counsel:
Insured has right, as stated in policy, to retain counsel of their choosing, but no defense expenses may be incurred without consent of the underwriter.

Consent to Settle Provision:
Insured's consent is required; but insured pays excess defense and indemnity if rejects settlement recommended by underwriter and acceptable to claimant

OPTIONS FOR SCOPE OF COVERAGE
Coverage Available for:

Partners Leaving: Yes, form covers past, present and future attorneys

Employed Attorneys Leaving: Yes, form covers past, present and future attorney

Part-time Legal Work: Yes

Non-practicing Lawyers: Yes

Government: No

In-house: Yes

Updated: 2/8/2007

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