Errors & Omissions Insurance
Errors & Omissions Insurance Information
Lawyers' Professional Liability Insurance
Only the MBA offers you the MBA Insurance Committee. Comprised of practicing lawyers just like yourself, the Insurance Committee reviews all insurance policies and programs available. Acting as a watchdog for your interest, the insurance committee must approve all policies.
We are pleased to currently be the State Administrator for CNA / Continental Casualty Company
The Massachusetts Bar Association and the MBA Insurance Agency, Inc. have partnered with CNA because we believe CNA provides our members with an excellent policy, competitive rates and an outstanding value for your premium dollar. CNA recognizes the uniqueness of your individual practice in Massachusetts and has responded with a policy designed to give you the coverage you need to protect your practice.
Our policy is continually being reviewed by the Insurance Committee to ensure it stays current with market conditions. In fact, to meet the needs of MBA members, we have enhanced the form two times in the past three years!
Professional Liability Coverage Information: GET A QUOTE NOW!
Company: C.N.A. Insurance Company, " A " Rated by A.M. Best
-Broad definition of Legal Services - includes pro bono services and services as a Arbitrator, Mediator, Title Agent, Notary Public, and customary Fiduciary Capacities such as Administrator, Conservator, Executor, and Trustee and Guardian together with investment advice given in connection with fiduciary activities.
-Broad definition of Insured includes the Firm, Predecessor Firm, Successor Firm, Lawyers within the Firm. In addition, covers Of Counsel and/or Independent Contractors for work performed on behalf of the Firm.
-Limits of Liability range from a minimum limit of $100,000 per claim/$300,000 aggregate up to a maximum of $15M/$15M. Optional claim expense outside limits coverage is available, subject to underwriting.
-Assistance in responding to a subpoena arising out of legal services rendered by an Insured including production of documents and preparation of sworn testimony, provided the subpoena arises out of a lawsuit to which the Insured is not a party.
-Waiver of deductible for claims resolved by Alternative Dispute Resolution either without services of suit or within 180 days service of suit.
-Waiver of deductible for claims based on or arises from the rendering of eleemosynary (pro bono) legal services.
-Free Non-Practicing Extended Reporting Period for retiring or non-practicing lawyers who have been continuously insured by the Company for at least two consecutive years.
And much more...
Comprehensive Risk Management Toolkits
CNA has recently expanded their risk control management articles and has made their toolkits available to all attorneys interested in this program! To assist attorneys with managing their attorney-client relationships, CNA has developed an in-depth analysis reviewing everything to engaging new clients to storage and destruction of files. We strongly recommend reviewing and implementing some of these controls to reduce your firm's risk and exposure to potential claims.
Click the link below for more information:
Lawyers' Toolkit: Managing the Attorney-Client Relationship
CNA has effective and supportive claim handling that is among the strongest in the industry. Consistent and seamless from claim reporting to resolution - That’s the CNA approach to claim handling. Your claim is evaluated by our highly experienced claim professionals specialized in handling specific types of claims.
Report a Claim Online!