Professional Liability Insurance Directory
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Texas Lawyers' Insurance Exchange
Contact
Jett Hanna
Texas Lawyers' Insurance Exchange
900 Congress Avenue
Suite 500
Austin, TX 78701
PH: 512/480-9074
Email:
States Where the Carrier Writes:
Texas
Do you write professional insurance for judges:
Yes
If yes, what types of coverage do you provide for judges:
Judicial professional liability
# of Years Writing Legal Insurance:
29 Years
Restrictions:
No more than 25% of a firm's practice can be in securities; if securities practice exceeds 10% the maximum insurance is $2 million; facultative for firms exceeding these securities practice limits.
Size Guidelines:
Writes firms of all sizes
Highest Available Limits of Liability:
$10 Million each claim & aggregate; facultative for higher limits
Deductible:
No minimum; maximum of $500,000
Limits in Excess of Deductible:
No
Defense Costs Included in Limits:
Yes, although an expense allowance outside limits may be available as an endorsement.
Insured's Activities for Entity Not Covered by Policy:
Excludes any claim based on or arising out of any insured's services or capacity as such.
Securities Exclusion:
No
Defense for Malicious Prosecution, Abuse of Process or Defamation:
Yes, also covers punitive and exemplary damages and damages under the Texas Deceptive Trade Practices Act (TDTPA).
Prior Acts Coverage:
Included, if insured did not know or should not have reasonably known or had any basis to believe that any circumstance, act, error or omission might reasonably be expected to be the basis of a claim.
Input Re: Selection of Counsel:
Policy provision - the company will consult in advance with the insured regarding selecting of defense counsel.
Consent to Settle Provision:
Insured's consent not required; Insured may appeal to Peer Review Committee.
OPTIONS FOR SCOPE OF COVERAGE
Coverage Available for:
Partners Leaving: No
Employed Attorneys Leaving: No
Part-time Legal Work: Yes
Non-practicing Lawyers: Yes
Government: No
In-house: No
