Think malpractice insurance is only for attorneys in private practice? Think again. The Hartford recently launched an insurance package that can help cover risks for in-house attorneys. Read on for more information about the areas of coverage – and don’t forget to read a prior post on the issue.
The Hartford Financial Services Group, Inc. now offers a professional liability policy specifically for staff attorneys. The Hartford Employed Lawyers Choice Liability PolicySM is designed for small and midsize companies looking to provide comprehensive coverage for their in-house counsel.
“In-house attorneys can face lawsuits stemming from a variety of areas, including employment practices, contract drafting, mergers and acquisitions. Lawsuits due to errors in those areas can result in significant defense costs and settlement payments,” said Will Demers, director of financial products underwriting for The Hartford. “We designed this policy to address gaps in coverage for these types of exposures, which can be substantial for staff attorneys who aren’t protected with a liability policy.”
[via New Liability Policy From The Hartford Protects In-House Attorneys ]
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