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Chubb - Executive Risk
Contact
James L. Rhyner
Chubb - Executive Risk
15 Mountain View Road
Warren, New Jersey 07059
PH: 860/408-2000
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
