USI Affinity and CNA have partnered in Connecticut to offer the most comprehensive coverage and policy features available to small and large law firms in Connecticut.
Policy Highlights
- 5% Bar Association membership credit applied to your LPL premium for each attorney that is a member of a Bar Association
- 7.5% risk control credit per attorney for two years after completing a qualifying CNA risk management seminar.
- Limits of Liability range from a minimum of $100,000 per claim/$300,000 aggregate up to a maximum of $10M/$10M. Claims expense outside limits coverage is available, subject to underwriting.
- Full Prior Acts Coverage available
- Broad definition of Legal Services
- Broad definition of Insured
Additional Highlights of the Professional Liability Program:
- CNA is an “A Rated” national leader in Lawyers’ Professional Liability insurance, providing coverage to more than 44,000 law firms in the United States. With more than 50 years of experience, they deliver world class underwriting, dedicated claims and state-of-the-art risk management tools and resources.
- Comprehensive coverage and policy features tailored to meet the unique requirements of law firms in Connecticut with continuous coverage, full prior acts available and your written consent required before CNA can settle a claim. From solo attorneys to large firms, USI Affinity and CNA can design coverage to protect all size law practices.
- Risk Control hotline provides CNA policy holders with a resource for discussing issues and questions that arise in the day-to-day practice of law.
Coverage Features Include:
- Limits of Liability up to $10M per claim/$10M aggregate
- Insured’s written consent required to settle a claim (No Hammer Clause)
- Supplemental Claim Expense Benefit: In the event the aggregate limit of liability is exhausted, and any unresolved claims remain, the Company agrees to reimburse the Insured up to 10% of the limit of liability, up to a maximum of $100,000, for claim expenses incurred by the Insured in handling the defense of such unresolved claims.
- Disciplinary Proceedings Coverage ($50,000 / $100,000)
- Privacy Event Response – ($15,000 / $30,000)
- Crisis Event Coverage ($20,000)
- Continuous coverage provision
- Non-cancellable except for non-payment of premium
- Full prior acts coverage available
- Supplementary payments for disciplinary proceedings ($50,000/$100,000)
- Discrimination Complaint Coverage ($25,000)
- Supplementary payments for loss of earnings ($500/$50,000 per insured)
- Reduced deductible for early claim resolution
- Reduced deductible for use of Engagement Letters
- Assistance in responding to a subpoena (unlimited)
- Optional Extended Reporting Period is available for a one year, two year, three year, six year or for an unlimited period with no applicable deductible. Also, free Extended Reporting Period options for those continuously insured with CNA for 3 years leading up to retirement.
Start the Conversation
What to talk with someone today? Call the Lawyers Professional Liability specialists at USI Affinity at 1.855.USI.0100 or email LPLCoverage@usi.com
