Professional Liability Insurance Directory
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Illinois State Bar Association Mutual Insurance Company (ISBA Mutual)
Contact
Jon W. DeMoss
Illinois State Bar Association Mutual Insurance Company
223 West Ohio Street
Chicago, IL 60610-4445
PH: 312/379-2000
Email:
Additional Contact
Kurt B. Bounds
Illinois State Bar Association Mutual Insurance Company
223 West Ohio St
Chicago, IL 60610-4445
PH: 312/379-2016
Email:
States Where the Carrier Writes:
Illinois
Do you write professional insurance for judges:
No
# of Years Writing Legal Insurance:
20 Years
Restrictions:
None
Size Guidelines:
Writes firms of all sizes, prefers firms of 30 or fewer attorneys
Highest Available Limits of Liability:
$20 Million each claim & aggregate
Deductible:
Minimum $1,000; maximum varies with number of attorneys
Limits in Excess of Deductible:
No
Defense Costs Included in Limits:
Yes
Insured's Activities for Entity Not Covered by Policy:
Excludes claims arising from insured's capacity as such for any entity other than the named insured or any bar related professional association.
Securities Exclusion:
None
Defense for Malicious Prosecution, Abuse of Process or Defamation:
Yes, malicious prosecution, abuse of process, defamation
Prior Acts Coverage:
Yes, if insured had no knowledge of act, error, or omission which could reasonably be expected to result in a claim, or that a claim would be made against the insured, and notice was not given to any prior insurer.
Input Re: Selection of Counsel:
Policy provision reserves insurer right to select counsel; as an operational measure input is sought and requests for counsel are considered.
Consent to Settle Provision:
Insured's consent required, if the insured refuses to consent to a settlement recommended by the company, the company's liability shall not exceed the amount for which the claim could have been settled, plus the amount of the claims expenses arising there.
OPTIONS FOR SCOPE OF COVERAGE
Coverage Available for:
Partners Leaving: No
Employed Attorneys Leaving: No
Part-time Legal Work: Yes
Non-practicing Lawyers: No
Government: No
In-house: No
