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Liberty Surplus Insurance Corporation

Contact
Christopher Depuy
Liberty International Underwriters, Inc.
55 Water Street
18th Floor
New York, NY 10041
PH: 212/208-4157
Email:

www.libertyiu.com

States Where the Carrier Writes:
All 50 states and D.C.

Do you write professional insurance for judges:
No

# of Years Writing Legal Insurance:
Since 2000

Restrictions:
Determined through underwriting

Size Guidelines:
Writes firms of 10 to 125 attorneys

Highest Available Limits of Liability:
$10 Million

Deductible:
$25,000 Minimum

Limits in Excess of Deductible:
Yes

Defense Costs Included in Limits:
Determined through underwriting

Insured's Activities for Entity Not Covered by Policy:
Excludes claims arising from activities as officer, director, trustee, mgr. of other org, except as court-appointed trustee; public official; or fiduciary under ERISA under similar law, except if deemed fiduciary solely by reason of legal advice rendered.

Securities Exclusion:
None

Defense for Malicious Prosecution, Abuse of Process or Defamation:
Excludes adverse judgment or admission of such acts but covers defense.

Prior Acts Coverage:
Yes, provided insured did not give notice of claim to prior insurer or did not have reasonable basis prior to policy period to believe covered wrongful act occurred or that claim would be made or the act is covered by prior policy unless liability limits.

Input Re: Selection of Counsel:
No

Consent to Settle Provision:
Yes, but refusal to settle limits insurer's liability to its proposed settlement amount and defense costs incurred as of that time

OPTIONS FOR SCOPE OF COVERAGE
Coverage Available for:

Partners Leaving: Yes

Employed Attorneys Leaving: Yes

Part-time Legal Work: No, separate part time policy

Non-practicing Lawyers: Yes, with conditions

Government: No

In-house: No

Updated: 02/12/2014

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