PROGRAM LAWYERS PROFESSIONAL LIABILITY Programs Signature Programs Professional Lawyers Professional Liability Custom Lawyers Professional Liability Programs for Every One-Of-A-Kind Risk Attorneys face a number of E&O claims – from administrative errors, to allegations of abandoning representation, or failing to address the client's needs in any way. The American Bar Association (ABA) estimates that attorneys will have at least three legal malpractice claims brought against them in the course of their careers. Lawyers Professional Liability (LPL) insurance is designed to provide coverage for claims that arise from "wrongful acts" committed in the rendering of legal services in the lawyer’s capacity and generally provide both indemnification coverage and claims expense coverage. The RPS Signature Programs Lawyers Insurance product has limits available from $250,000 each loss/aggregate to $5,000,000 each loss/aggregate. Coverage Features Limits of liability up to $5 million available Defense expenses are in addition to the limit available Annual aggregate deductible available First-dollar defense option available Supplementary payments — in addition to limit at $0 deductible Disciplinary: up to $100,000 per policy period Loss of earnings: up to $50,000 per policy period Rule 11 awards: up to $5,000 per policy period Subpoena assistance: up to $25,000 per policy period Pre-claim assistance Broad definition of legal services Broad "Predecessor firm" definition Innocent party coverage for concealed claims and/or fraudulent acts Automatic 30-day extension period for reporting claims Unlimited extended reporting period option available Lateral hire coverage available Liberalization clause Non-practicing ERP offered for individuals Punitive and exemplary damages covered (to extent insurable by law) Relaxed consent to settle - insurer pays 50% Loyalty discount — 50% discount on extended reporting periods after four years Program Features Insurers rated “A-” by A.M. Best Program management established in 1985 Pre-claim hotline Available non-admitted nationwide except Alaska Target Firms comprised of 1 to 50 attorneys Limits $250,000 to $5,000,000 Why RPS Signature Programs Our team of industry experts can help take on the most complex client needs with our exclusive programs offering specialized coverage for niche risks. KNOWLEDGE CENTER LET'S GET IN TOUCH Please feel free to get in touch with us any time regarding our products and services. We love to receive feedback from our customers. PLEASE SELECT TYPE OF INQUIRY REQUEST PRODUCTS INFORMATION I HAVE A SUBMISSION I HAVE A CLAIMS QUESTION I HAVE A SERVICE QUESTION I AM LOOKING FOR A JOB AT RPS INTERN INQUIRY MERGERS AND ACQUISITION OTHER QUESTION SUBMIT KNOWLEDGE CENTER Showing 1 - 6 of 6 [ Article ] HOW STUDENT ACCIDENT INSURANCE WORKS…AND WHY YOUR SCHOOL NEEDS IT When a school district provides accident insurance to its athletes and all its students, it can help mitigate the potential for future lawsuits. [ Article ] 2021 SIGNATURE PROGRAMS AT A GLANCE RPS Signature Programs manages a variety of specialized programs on behalf of highly-rated carriers, offering proprietary insurance solutions in niche… [ Market Report ] PROFESSIONAL LIABILITY MARKET OUTLOOK Carriers writing Professional Liability insurance are hiking premiums, reducing capacity and closely scrutinizing accounts in virtually every line of … [ Article ] LAWYER'S HIGHLIGHTS 2021 Attorneys face a number of E&O claims – from administrative errors, to allegations of abandoning representation, or failing to address the client'… [ Podcast ] CAN ONE QUESTION HELP SAVE YOUR BEST PERSONAL LINES ACCOUNTS? Brandon Goodin, RPS Broker and Underwriter talks about all the possible answers you might get. [ Article ] 5 THINGS YOU NEED TO KNOW ABOUT AGENCY E&O COVERAGE Here are five things you need to know about purchasing E&O coverage for your agency. 2850 Golf Road Rolling Meadows, IL 60008 Tel 866.595.8413 Fax 480.281.5627 Legal Information Privacy Policy Sitemap Terms of Use Careers Facebook Linked In Twitter Youtube Instagram © 2021 Risk Placement Services, Inc. All rights reserved. Feeling bold? Preview the new RPSins.com here MENU Search Go