From The Hirsch Blog
Ames & Gough Legal Malpractice Survey
Ames & Gough provided results of its eighth annual survey of legal malpractice survey. They polled nine of the leading professional liability insurance companies: AXIS, CAN, Huntersure, Ironshore, Markel, Travelers, Swiss Re, QBE, and XL/Catlin. Altogether, they insure approximately 80 percent of the 200 highest grossing law firms in the United States. Conflicts of interest continues to lead the way as the most cited legal malpractice error, which is consistent with every year the survey had been conducted. This year, seven out of the nine insurers surveyed reported that actual and/or...
What is the Hammer Clause in Your Lawyers’ Professional Liability Policy?
Most lawyers don’t even know the hammer clause is tucked away deep, somewhere within the wording of their policy. It’s usually under the defense and...
What Are Defense Costs Outside the Limits in a Professional Liability Insurance Policy?
Sometimes referred to as Claims Expenses Outside the Limits (CEOL) When purchasing professional liability insurance, be aware that most policies...
Lawyers: Why Purchase Professional Liability Insurance?
The answer might seem obvious, but there are many reasons why a lawyer should purchase professional liability insurance. You spent so much time and money investing in the opportunity to become an attorney. You went to law school and then all the time you spent...
Post- Hurricane Harvey: Helpful Tips to File a Property Insurance Claim
If your personal or professional assets were damaged during Hurricane Harvey, it's likely that you have started the process of filing an insurance claim to cover the replacement of those items. Beyond calling the insurance company to get started, there are many things...
Avoiding the Pitfalls of Filling Out a Lawyer’s Malpractice Insurance Application
[av_textblock size='' font_color='' color='' av-medium-font-size='' av-small-font-size='' av-mini-font-size='' admin_preview_bg=''] Avoiding the Pitfalls of Filling Out a Malpractice Insurance Application Whether you are a solo practitioner or managing partner at a...
Avoiding the Pitfalls of Filling Out a Lawyer’s Malpractice Insurance Application
Do's, Dont's and Nuances You May Not Be Aware of Whether you are a solo practitioner or managing partner at a law firm, you’ve made the wise decision to purchase lawyers’ professional liability (LPL) insurance, often referred to as malpractice insurance, to protect...
Recovery and Healing in Houston
The rain has subsided and the sun is back in the Houston sky, but there is so much work to be done in the wake of Hurricane Harvey. The recovery and healing process has just started; we know it will take months to put this great city back together. Hirsch Insurance is...
Five Things To Know About Lawyers’ Professional Liability Insurance
Your law firm has made the wise decision to purchase lawyers' professional liability insurance, or as it’s commonly referred to LPL coverage. Now it’s time to get acquainted with that coverage. I often hear clients and prospective clients say, “Mr. Hirsch, why do I...
Glossary of Legal Malpractice Insurance terms
Before you buy your malpractice insurance policy, you must understand common malpractice insurance terms. While many of these terms may be familiar to you from other insurance policies, certain terms are unique to malpractice insurance. Here's FindLaw's Glossary of...
Avoiding the Leading causes of Legal Malpractice Claims
http://www.law.com/sites/articles/2015/12/30/avoid-the-leading-causes-of-legal-malpractice-claims/#ixzz3xAWBLcQu
Lawyers Professional Liability Insurance: Coverage Issues
http://www.newyorklawjournal.com/id=1202671714535/Lawyers-Professional-Liability-Insurance-Coverage-Issues#ixzz3GFlbQZqoJeffrey G. Steinberg, New York Law Journal September 30, 2014 Although insured lawyers and their insurers are sophisticated groups, many of the former seem willing to purchase their professional liability insurance solely on the basis of price and without regard to...