Skip to Content

Excess

Excess: No time like the present

Over time, you may find your practice has changed enough that you want to consider higher E&O limits. Below, are some of the most common ways the effect of time has encouraged law firms to apply for LAWPRO Excess coverage, which currently offers limits of $1M/$2M/$3M/$4M and $9M beyond the base $1M per claim and… Read More »

Categories: 2024 June - Time for Tomorrow, Articles, Excess

Do your firm’s marketing practices expose you to vicarious liability?

While “law firm” once conjured an image either of a sole practitioner with a small storefront office or a multi-generational law firm with clearly defined partners and associates, many other firm structures now exist as lawyers opt to work from their homes, from virtual offices, and from shared accommodations. The work lawyers choose to do… Read More »

Categories: 2020 January - Finding Your Way, Articles, Excess, LAWPRO policy

Why Excess insurance? Celebrating 20 years of the Excess program

In 1996 and 1997 LAWPRO (or “LPIC” as it was then known) began collecting information on whether lawyers had coverage in excess of the $1 million per claim/$2 million in the aggregate limits provided under the mandatory program. The thinking wasn’t that everyone necessarily needs excess. After all, some areas of practice are considered low… Read More »

Categories: 2018 February Top Legal Disruptions, Articles, Content Type, Excess, Excess insurance, LAWPRO Magazine, LAWPRO Magazine Article Type, LAWPRO policy, Topics

Does a big claim scare you?

Excess logo

Excess insurance from LawPRO can give you peace of mind 1. What is excess coverage? Excess coverage is insurance that covers (for eligible claims) losses in excess of those covered under Ontario lawyers’ mandatory professional indemnity coverage, up to a limit chosen by the insured. Unlike the primary layer of coverage, under which the lawyer… Read More »

Categories: 2017 February Neuroscience, Excess, Excess insurance, LAWPRO Magazine, LAWPRO Magazine Article Type

Does your firm need to consider Excess insurance?

Excess logo

Test your exposure by checking each statement that is true for you or your firm: I am unsure of the file practices, procedures, and communications, in-take procedures, documenting retainers, reviewing opinions, docket controls, diary systems, completeness of documentation and file retention of all tenants, associated law practices, co-counsel, back-up or previous counsel I have worked… Read More »

Categories: 2016 September A2J, Articles, Excess, Excess insurance

Are you covered for a big claim? Consider LAWPRO Excess Insurance

Excess logo

With your Law Society insurance renewing January 1, it is a good time to consider your firm’s excess needs. Remember that the limits on LAWPRO’s primary program are $1 million per claim/$2 million in the aggregate. Could any of your matters lead to a malpractice claim of more than $1 million? Don’t forget to include… Read More »

Categories: 2014 October - Insurance Issue 2015, Articles, Excess, Excess insurance

Untangling the myths of Excess insurance

Unfortunately, far too many lawyers do not appreciate their full exposure to claims and how excess insurance could be of benefit to them. Excess liability insurance is intended to provide additional limits over that provided by the underlying (primary) liability policy. For lawyers in Ontario, the underlying insurance which all practising lawyers (not on exemption)… Read More »

Categories: 2014 September Diversity, Articles, Excess, Excess insurance

Are you covered for a big claim? Consider LAWPRO Excess Insurance

Excess logo

With your Law Society insurance renewing January 1, it is a good time to consider your firm’s excess needs. Remember that the limits on LAWPRO’s primary program are $1 million per claim/$2 million in the aggregate. Could any of your matters lead to a malpractice claim of more than $1 million? Don’t forget to include… Read More »

Categories: 2013 October - Insurance Issue 2014, Articles, Excess, Excess insurance

Excess insurance offers peace of mind to lawyers and law firms

Would your exposure on a negligence claim be over the individual lawyer’s $1 million per claim or $2 million in the aggregate limits offered under the LAWPRO policy for the Law Society of Upper Canada program (the “primary policy”)? Excess insurance – insurance that covers you for claims after the limits under the primary policy… Read More »

Categories: 2013 September practicePRO 15th, Articles, Excess, Excess insurance

Why you don’t (but should) think about Excess insurance

Excess logo

If you are relying on only the coverage offered under LAWPRO’s mandatory insurance program to satisfy claims that may be made against you, you may be at financial risk. The coverage limits under the mandatory program are $1 million per claim and $2 million in the aggregate. The cost of resolving claims is growing every… Read More »

Categories: 2012 October - Insurance Issue 2013, Articles, Excess, Excess insurance

Land Acknowledgement

The offices of LAWPRO are located on the traditional territory of many nations including the Mississaugas of the Credit, Anishnabeg, Chippewa, Haudenosaunee and Wendat peoples. Toronto is covered by Treaty 13 with the Mississaugas of the Credit. LAWPRO respects and acknowledges the histories, languages, knowledge systems, and cultures of First Nations, Metis, and Inuit nations.

Back to top