Professional Liability Insurance Directory
Back to Insurance Company List
Liberty International Underwriters
Contact
Christopher Depuy
55 Water Street
18th floor
New York, NY 10041
PH: 212/208-4157
800/677-9163
Email:
States Where the Carrier Writes:
Connecticut, District of Columbia, Illinois, Maine, Massachusetts, Minnesota, New Hampshire, New York, Rhode Island, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
Do you write professional insurance for judges:
No
# of Years Writing Legal Insurance:
7 Years
Restrictions:
None
Size Guidelines:
Writes firms up to 75
Highest Available Limits of Liability:
$10,000,000
Deductible:
$1,000
Limits in Excess of Deductible:
Yes
Defense Costs Included in Limits:
Yes, except that in Illinois, defense costs do not count against liability limits until such costs reach a specific amount, which will vary depending on liability limits
Insured's Activities for Entity Not Covered by Policy:
Excludes claims arising from activities as officer, director, trustee, manager of other org, except as court-appointed trustee; public official; or fiduciary under ERISA under similar law, ex ept if deemed fiduciary solely by reason of legal advice rendered
Securities Exclusion:
Silent
Defense for Malicious Prosecution, Abuse of Process or Defamation:
Excludes adverse judgment or admission of such acts, but covers defense. In all states except WA, policy exclusion expressly inapplicable to indivual who did not personally commit dishonest act but in such instance cov only in excess of named insureds assets
Prior Acts Coverage:
Yes, provided insured did not give notice of claim to prior insurer or did not have reasonable basis prior to policy period to believe covered wrongful act occured or that claim would be made or the act is covered by prior policy unless liability limits of prior policy are exceeded
Input Re: Selection of Counsel:
No
Consent to Settle Provision:
Yes, but refusal to settle limits insurer's liability to its proposed settlement amount and expenses as of that time
OPTIONS FOR SCOPE OF COVERAGE
Coverage Available for:
Partners Leaving: Yes
Employed Attorneys Leaving: Yes
Part-time Legal Work: Yes
Non-practicing Lawyers: Yes, with conditions
Government: No
In-house: Yes
