12 09, 2022

What to Think About When Deciding on Legal Malpractice Insurance

By |2022-09-09T14:14:17-05:00September 12, 2022|@PLUS, Lawyers Professional, PL Insurance, Uncategorized|0 Comments

Is Lawyers’ Professional Liability Insurance Needed? Lawyers’ Professional Liability (also known as “LPL”) insurance is the more formal name for legal malpractice insurance.  While states vary on what requirements they have for disclosure of LPL insurance, currently only Oregon mandates LPL insurance.  Even if not mandated, the prevalence of legal malpractice cases makes it necessary.  The American Bar Association has reported that in any given year, attorneys have a 4 to 17 percentage chance of being sued and that four out of five attorneys will be sued during their careers.  Defense costs for these matters generally exceed $50,000, and can [...]

29 08, 2022

Ask the Leader Series: Ben Woodward and Andrew Correll

By |2022-09-21T08:53:42-05:00August 29, 2022|@PLUS, FuturePLUS|0 Comments

Ask the Leaders is a one-of-a-kind series geared towards helping young professionals grow into leaders within the professional lines community. The guests on Ask the Leaders provide insight into their experiences, knowledge and lessons learned that have helped them develop into some of the top leaders in their field. Topics include career advancement tips, networking opportunities, goal setting, and outside experience needed to become a leader!  This series is hosted by Nate Hartman, Claims Superintendent - Professional Liability at Admiral Insurance Group and Rob McCarthy, MLIS, Executive Lines Broker at Risk Placement Services. Ben Woodward, RPLU, ASLI, is Vice President, [...]

22 08, 2022

Financial Fraud: How to Spot the Warning Signs and Prevent Losses

By |2022-08-22T08:47:58-05:00August 22, 2022|@PLUS, Guest Blog, PL Insurance|0 Comments

Laura Hawkins is an attorney and independent adjuster with over a decade of insurance industry experience. As Claims Counsel at At-Bay, Laura works with insureds to investigate and manage data breach and network security intrusions, mitigate liability and exposure on cyber claims, and handle complex tech E&O and media liability claims. She also manages a portfolio of professional liability matters, handling claims from submission and coverage analysis through litigation and resolution. Financial fraud can take many forms, but one thing is for certain: Americans are being deceived at an alarming rate and at a significant cost. More than 2.8 million [...]

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