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Chubb’s Inhouse Counsel Insurance Helps Protect In-House Attorneys

by Editors on November 8, 2011

A new policy from the Chubb Group of Insurance Companies helps protect the personal assets of in-house attorneys. Inhouse counsel insurance is something law departments should look into and discuss with their corporate risk managers – especially as in-house counsel are increasingly becoming targets in litigation and governmental investigations:

Employed Lawyers Professional Liability by ChubbSM offers in-house attorneys and their employers broad protection against allegations of legal malpractice stemming from the services provided by in-house counsel for activities such as the review of shareholder communications and the issuance of legal opinions to the board of directors. Coverage is provided for judgments, settlements and defense costs. It also extends to civil penalties leveled against in-house counsel under the Foreign Corrupt Practices Act.

[via Chubb Helps Protect In-House Attorneys from Allegations of Malpractice.]

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Andrea Wysocki November 17, 2011 at 12:31 pm

Thanks for recognizing the importance of discussing insurance protection for in-house counsel. This topic is timely following the attention given to the current liability landscape for in-house counsel at the recent Association of Corporate Counsel annual meeting. Regards, Andrea Wysocki, Employed Lawyers Professional Liability Product Manager, Chubb Group of Insurance Companies

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