Jump to Navigation | Jump to Content
American Bar Association - Defending Liberty, Pursuing Justice ABA Logo

Professional Liability Insurance Directory

Back to Insurance Company List


Illinois State Bar Association Mutual Insurance Company (ISBA Mutual)

Contact
Jon W. DeMoss
223 W. Ohio Street
Chicago, IL 60610-4445
PH: 312/379-2000
800/473-4722

www.isbamutual.com

States Where the Carrier Writes:
Illinois

Do you write professional insurance for judges:
No

# of Years Writing Legal Insurance:
19 Years

Restrictions:
None

Size Guidelines:
Writes firms of all sizes, prefers firms of 30 or fewer attorneys

Highest Available Limits of Liability:
$15 million each claim & aggregate

Deductible:
Minimum $1,000; maximum varies with number of attorneys

Limits in Excess of Deductible:
No

Defense Costs Included in Limits:
Yes

Insured's Activities for Entity Not Covered by Policy:
Excludes claims arising out of insured's capacity as such for any entity other than the named insured or any bar related professional association

Securities Exclusion:
None

Defense for Malicious Prosecution, Abuse of Process or Defamation:
Yes, malicious prosecution, abuse of process, defamation

Prior Acts Coverage:
Yes, if insured had no knowledge of act, error, or omission which could reasonably be expected to result in a claim, or could not reasonably be expected to foresee that a claim would be made and notice was not given to any prior insurer

Input Re: Selection of Counsel:
Policy provision reserves insurer right to select counsel; as an operational measure input is sought and requests for counsel are considered

Consent to Settle Provision:
Insured's consent required; if insured refuses to consent to a settlement recommended by the company, the company's liability shall not exceed the amount for which the claim could have been settled, plus the amount of the claims expenses arising therefrom

OPTIONS FOR SCOPE OF COVERAGE
Coverage Available for:

Partners Leaving: No

Employed Attorneys Leaving: No

Part-time Legal Work: Yes

Non-practicing Lawyers: No

Government: No

In-house: No

Updated: 2/6/2007

Back to Top

Copyright American Bar Association. http://www.abanet.org