Everest Insurance has released its new lawyers professional liability policy.
The company said in a statement that the policy is designed to provide law firms with liability coverage for financial loss suffered by third parties arising from acts, errors, and omissions in providing legal services.
According to Everest, the new policy addresses the coverage needs of law firms by providing market leading terms and conditions while offering a variety of coverage enhancements, including expense reimbursement for crisis events, disciplinary proceedings, security incidents, and subpoena compliance.
The new policy was “created with the emerging issues and evolving needs of mid to large size law firms in mind,” stated Rob Diziki, vice president of professional liability at Everest. The company's underwriting teams “are committed to providing our insureds with a tailored product designed to cover defense costs and settlement payments arising from malpractice allegations,” he added.
Learn more: www.everestre.com.
Victoria Spears
Victoria Prussen Spears is senior vice president of Meyerowitz Communications Inc., a law firm marketing communications consulting company. A graduate of Sarah Lawrence College and Brooklyn Law School, Ms. Spears was an attorney at a leading New York City law firm before joining Meyerowitz Communications. She may be contacted at [email protected].