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Whether you're a one-person operation or have a firm of 20+ attorneys, our team of professional know the right coverage you should have on your Professional Liability policy. Get started with a thorough cost analysis and quote comparison today!
Why Early Claims Reporting Matters More Than You Think
When it comes to insurance and risk management, one of the most expensive mistakes a business can make is waiting too long to report an incident. What starts as something small — a minor injury, a customer complaint, or a small property issue — can quickly turn into […]
Read More about Why Early Claims Reporting Matters More Than You ThinkCyber Liability Insurance for Law Firms: What Attorneys Need to Know
For law firms, most daily operations depend on digital communication, client data, and secure document management. That makes cybersecurity one of the most significant risks facing the modern legal profession. A single email compromise, wire fraud attempt, or data breach can disrupt cases, trigger costly notification requirements, and […]
Read More about Cyber Liability Insurance for Law Firms: What Attorneys Need to KnowThe Bunker Talk: Ep. 28 Money Mindset over Everything with Lauren Klein
In this latest episode of The Bunker Talk, we sat down with Lauren Klein, founder of Flourish Law Group, to discuss the intersection of estate planning, tax strategy, and the psychological relationship we have with our wealth. Episode Highlights: In this conversation, we explore how working on your […]
Read More about The Bunker Talk: Ep. 28 Money Mindset over Everything with Lauren KleinHow Should Of Counsel Be Listed on Insurance Applications and Renewals?
Of counsel relationships are common in modern law firms, especially as firms move away from traditional staffing models. While these arrangements can be operationally effective, they often create insurance issues when applications and renewals aren’t handled carefully. Many coverage problems tied to of counsel attorneys don’t stem from the policy itself — they stem […]
Read More about How Should Of Counsel Be Listed on Insurance Applications and Renewals?Do I Have to Disclose Past Fee Suits on Malpractice Insurance Applications or Renewals?
Fee disputes are uncomfortable, and many attorneys assume that once a dispute is resolved, it’s behind them. But when it comes to malpractice insurance applications and renewals, past fee lawsuits can still matter — even if no malpractice claim was ever filed. Understanding what must be disclosed, and why, is critical […]
Read More about Do I Have to Disclose Past Fee Suits on Malpractice Insurance Applications or Renewals?What Does Legal Malpractice Insurance Actually Cover?
Legal malpractice insurance is one of the most important risk management tools for attorneys, yet it is also one of the most misunderstood. Over the last five years, claim trends have shown that even well-run law firms face allegations tied to administrative errors, communication breakdowns, and evolving client […]
Read More about What Does Legal Malpractice Insurance Actually Cover?Your Retroactive Date Could Cost You Everything
Most attorneys glance at their malpractice insurance policy once a year, renew it, and move on. The premium gets paid, the certificate gets sent, and everyone assumes their firm is protected. But there is one line in that policy that can quietly erase years of coverage without you realizing it: the retroactive date. It sounds like a small detail, but it is one of the most important pieces of your malpractice protection. If it […]
Read More about Your Retroactive Date Could Cost You EverythingOpening a Law Firm? Here’s the Insurance You Actually Need
So, you’re finally taking the leap and opening your own law firm. It’s an exciting move — and a risky one. You might be ready to hang your own shingle, but the one thing that can quietly derail your plans before your practice ever becomes profitable is something […]
Read More about Opening a Law Firm? Here’s the Insurance You Actually NeedGLP-1 Compounding & Digital Health: What Founders Need to Know About Product Liability Risk
Digital health is moving fast and nowhere faster than in the world of GLP-1 weight loss medications. Platforms offering semaglutide or tirzepatide-based treatments (including compounded versions) are scaling quickly. But behind the growth lies a complex and growing risk: product liability exposure. If your company offers compounded GLP-1s […]
Read More about GLP-1 Compounding & Digital Health: What Founders Need to Know About Product Liability RiskUnderstanding Business Income Insurance: What Most Owners Get Wrong
When most business owners think about insurance, they immediately think about property coverage. If a fire, hurricane, or flood destroys your building or equipment, property insurance will repair or replace what was damaged. But here’s the catch: what about your income while you’re shut down? That’s where Business […]
Read More about Understanding Business Income Insurance: What Most Owners Get WrongFrequently Asked Questions
What is E&O/Malpractice/Professional Liability?
A bond in layman's terms is a way to secure a debt.
It is a way of you the consumer, being able to put up a little cost upfront that says “I am letting you borrow this money so as to your agreement to pay the face value of the said bond if ever needed”. In the real world, bonds can be issued by a government, municipality, corporation, federal agency, and other entities.
What does E&O cover?
A surety bond is a contract between three parties. The person who is the recipient of an obligation, the primary party who will perform the contractual obligation and the person who assures the obligation will be done.
What is Defense Outside of Limits coverage?
These bonds are a type of surety bond. They provide a proof and guarantee of ownership to the Department of Motor Vehicles. When no other form of documentation is available a Lost Title Bond shows the DMV that you are the “owner” of said vehicle.
What is First Dollar Defense?
Contractor bonds are one of the most “popular” bonds you will see asked for in the insurance space. Contract bonds are used in the construction industry by general contractors. They are a guarantee to a project’s owner that the general contractor will adhere to the contract put in place.
What is the Fee Suit Exclusion?
These types of bonds function as a guarantee to a government entity that a company will comply with a statute, state law, ordinance, etc.
Some examples are but not limited to:
- Contractors License Bonds
- Tax Bond
- Environmental Bonds
- Broker’s Bonds
- Motor Vehicle Dealer Bonds
- ERISA Bonds
What is Mutual Choice of Counsel?
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What is Disciplinary Proceeding Defense?
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