Professional Liability Insurance Directory
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Liberty Surplus Insurance Corporation
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:
Alabama, Alaska, Arizona, Arkansas, California, Colorado, Delaware, Florida, Georgia, Idaho, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Michigan, Mississippi, Missouri, Montana, Nebraska, Nevada, New Jersey, New Mexico, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, South Dakota, Tennessee, Wyoming
Do you write professional insurance for judges:
No
# of Years Writing Legal Insurance:
7 Years
Restrictions:
Determined by underwriting
Size Guidelines:
Writes firms of 10-75 attorneys
Highest Available Limits of Liability:
$10,000,000
Deductible:
$25,000
Limits in Excess of Deductible:
Yes
Defense Costs Included in Limits:
Yes
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, exept if deemed fiduciary solely by reason of legal advice rendered
Securities Exclusion:
None
Defense for Malicious Prosecution, Abuse of Process or Defamation:
Excludes adverse judgment or admission of such acts but covers defense
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 occurred 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 defense costs incurred as of that time
OPTIONS FOR SCOPE OF COVERAGE
Coverage Available for:
Partners Leaving: Yes
Employed Attorneys Leaving: Yes
Part-time Legal Work: No, separate part time policy
Non-practicing Lawyers: Yes, with conditions
Government: No
In-house: No
