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Category: Insurance & Risk Management

Loss Prevention Tip #13

When a Lawyer Retires Lawyers who retire but continue to hang around the office can pose a liability risk both to themselves and to their old firms. As the baby boom generation hits retirement age, more lawyers will find it attractive to keep an office at their old firm, so they can continue to mingle...

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Loss Prevention Tip #12

Loss Prevention Tip #12 The Lawyers’ Insurance Programme is seeing an increase in spear phishing email frauds targeting lawyers and law firms. The spear phishing messages we are seeing are very sophisticated. The messages are intended to trick the recipient into making a payment or transferring funds to someone outside the firm. A sample of...

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Notice to Practising Insured Members

Report all Insurance Claims before June 30, 2017 The Law Society Member’s insurance policy is a “claims-made” policy. Accordingly, the focus is on when the claim is made and reported, not on the year in which services are provided and the alleged error is said to have occurred. For example, if a claim is made...

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New CLIA Cyber Coverage

CLIA Cyber Liability Program Lawyers and law firms are potential targets for hackers, ransomware and cyber criminals. However, the mandatory Professional Liability Insurance Policy has always excluded claims arising out of cybercrime. Now, CLIA has arranged a new program which will provide cyber coverage protection for lawyers and their clients. This new policy will take...

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