Category: LAWPRO Magazine
TitlePLUS: A conversation with our consultants
Some of us got together recently to talk about the questions we’re hearing most often. When we are out and about talking to people we hear about what matters to real estate lawyers. Mortgages Jamie Smith oversees parts of Western Ontario. He says, “Mortgages are usually part of the real estate deal, so clients expect… Read More »
Categories: 2016 September A2J, Articles, TitlePLUSPre-2012 matters not set down will be automatically dismissed January 1, 2017
As we move through September, LawPRO urges lawyers to review their litigation files and make sure they are proceeding as appropriate. The clock is ticking and time is running out! Remember, under the new Rule 48.14 of the Rules of Civil Procedure, matters commenced before January 1, 2012 will be automatically dismissed – without notice… Read More »
Categories: 2016 September A2J, Admin dismissals/Rule 48, Articles, Civil Litigation, Limitation Periods, Practice Tips, Time ManagementBook Review: The Future of the Professions by Mark Susskind
For more than 30 years Richard Susskind has been a thought leader on the future of the legal profession. This is despite the Law Society of England and Wales saying he did not understand confidentiality and was bringing the legal profession into disrepute by suggesting that email would become the predominant way lawyers and their… Read More »
Categories: 2016 September A2J, Articles, Book Review, Future of lawLet technology be your path to wellness
Safety apps People who travel alone, work with violent accused, or find themselves in other potentially dangerous situations may want to try out personal safety smartphone apps. These work in a variety of ways: they can allow loved ones to track you remotely via GPS; send out an alert to friends if you fail to… Read More »
Categories: 2016 September A2J, Articles, Legal Technology, Wellness, WellnessSocial media profile: Jordan S. Halpern
Time at LawPRO: 2 years Prior to joining LawPRO, Jordan practiced as a litigator engaged in all forms of insurance defence litigation as well as matrimonial law. He also has a background in corporate/commercial law, human rights, employment and real estate. Jordan has been active on LinkedIn for several years. In addition to being Claims… Read More »
Categories: 2016 September A2J, Articles, Social MediaStable. Advice. Trustworthy. Security. Professional. Coverage.
The words that appear on our cover describe how LAWPRO served its insureds in 2015. An insurance company can call itself a success if it provides stability in an unpredictable environment. Insurance allows the economy to grow by providing a place where it is safe for insureds to navigate day-to-day challenges and unpredictable events. with… Read More »
Categories: 2016 May - Year in Review 2015, Articles, Editorials2015 financial results explained
Net premiums: $120.7 million Net LawPRO revenues in 2015 were $120.7 million. Premiums from the mandatory insurance program were $5.8 million higher than in 2014, with the increase driven in part by the net increase in the number of insured lawyers purchasing insurance coverage in 2015. Net claims: $80.7 million Incurred claims and adjustment expenses… Read More »
Categories: 2016 May - Year in Review 2015, Articles, Year in ReviewClaims report: Projected claims costs for 2015 lower than expected, but time management challenges loom
Between 2010 and 2014, annual claims costs were verging on a worrisome $100 million plateau. as claims costs for 2015 come into focus, there are indications that we retreated slightly down the side of that $100 million mountaintop, perhaps as far down as the $81 million mark. Claim numbers have also decreased − a development… Read More »
Categories: 2016 May - Year in Review 2015, Articles, Year in ReviewLAWPRO coverage subject to continual review
Experiencing a little déja vu when renewing your professional indemnity insurance in recent years? You’re not mistaken – LawPRO’s base premium for the Law Society’s mandatory insurance program has not changed since 2011. But the stability of the premium belies a continual effort, on the part of LawPRO underwriters, to stay ahead of developments in… Read More »
Categories: 2016 May - Year in Review 2015, Articles, Errors & Omissions, Year in ReviewService: Streamlined and responsive
LAWPRO’s Customer Service and Underwriting department makes or receives over 40,000 customer phone calls each year. The subject matter of these calls is varied and challenging. Professional indemnity insurance is a complex product, and we offer a wide range of coverage options from which lawyers can choose. To improve our capacity for supporting lawyers in… Read More »
Categories: 2016 May - Year in Review 2015, Articles, Errors & Omissions, Year in Review