< Back
Coverage Question Series – Part 53
Post on May 3rd, 2019
This is a continuing series in which we address policy coverage questions that we routinely discuss with you and your colleagues. The answers provided are based on the basic policy form, currently LPLP-1s (effective for all policies new or renewed as of May 1, 2018). Refer to your specific policy and any endorsements attached thereto that may change coverage or the answers provided here.

There is no way this claim is covered, am I covered?

Probably not but maybe! If you receive a demand for money damages arising out of your legal services, report it to us and we will take a look at the details of the allegations against you and evaluate coverage. We live and breathe the OBLIC policy. There may be more coverage in our policy than you would have expected.

Hopefully, now that we have hit a full year’s worth of coverage topics, you have a better understanding of which situations may have coverage and which are risks you are still carrying alone (but which could be protected against in another manner) than you did the year before. We have appreciated every single comment, suggestion, and criticism of this series. OBLIC has grown a lot in the last year, so for those newly insured, or those who did not have the time during first pass of the coverage emails, we will be repeating some topics.

We welcome any suggestions for new topics. Please send your questions our way!

As you should expect, these Q&A scenarios are based on simple hypotheticals. Coverage determinations for an actual claim are ultimately based on the unique facts, applicable law, and the Terms, Conditions, Limitations, Exclusions, and Endorsements of your policy.
Please contact me at [email protected] if you have any questions!
Carl Marsh, Esq.
Claims Counsel