Attorney's Professional Liability Insurance

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Attorney's Professional Liability Insurance

An insurance policy for a lawyer providing coverage in the event that his/her actions or omissions result in injury to a client or in the event that the client causes injury to another party. Attorney's professional liability insurance protects lawyers from negative events that may result from the performance of their duties.
References in periodicals archive ?
Cyber liability insurance, directors and officers liability (D&O) insurance, employment practices liability, fiduciary liability, crime, kidnap/ransom and extortion, workplace violence expense and employed lawyers liability insurance are the covers being offered.
Lawyers liability insurance covers damages due to "any act or omission" in the rendering of professional services as a lawyer but flatly excludes both bodily injury and damage to tangible property.
The consent-to-settle feature was not carried forward in the current editions of hospital liability and physicians liability insurance; it remained a feature of lawyers liability insurance until that form was revised in 1981.