These market trends were pulled from a survey by Ames & Gough of the top 10 legal professional liability carriers, which combined cover 80% of the Am Law 100. (Credit: VectorMine/Adobe Stock)
Legal malpractice claims frequency has remained relatively flat in recent years. However, claims severity has continued to be a challenge for legal professional liability carriers, according to Ames & Gough, which reported most insurers had large payouts during 2022.
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
- Educational webcasts, resources from industry leaders, and informative newsletters.
- Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Steve Hallo
Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at [email protected]
