Professional Liability Insurance Directory
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Lawyers Mutual Liability Insurance Company of North Carolina
Contact
T. Carlton Younger, Jr.
P.O. Box 1929
8000 Western Parkway
Ste 340
Cary, NC 27512
PH: 919/677-8900
800/662-8843
States Where the Carrier Writes:
North Carolina
Do you write professional insurance for judges:
No
# of Years Writing Legal Insurance:
28 Years
Restrictions:
None
Size Guidelines:
Writes firms of all sizes
Highest Available Limits of Liability:
$20 million each claim & aggregate; higher limits are facultative
Deductible:
Minimum $1,000; maximum $300,000
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 acts as such
Securities Exclusion:
No
Defense for Malicious Prosecution, Abuse of Process or Defamation:
No provision
Prior Acts Coverage:
Yes, included if expressly state and insured did not know or could not have reasonably foreseen that such acts might be expected to be the basis of a claim, and did not fail to give the company written notice of such acts prior to the issuance of the policy, and there is no other insurance applicable
Input Re: Selection of Counsel:
No provision in the policy, insured input is welcome, but company retains right to final selection
Consent to Settle Provision:
No
OPTIONS FOR SCOPE OF COVERAGE
Coverage Available for:
Partners Leaving: Yes
Employed Attorneys Leaving: Yes
Part-time Legal Work: Yes
Non-practicing Lawyers: Yes
Government: No
In-house: No
