Malpractice Insurance Coverage: What's In Your Policy?
APRIL 2011
Malpractice Insurance Coverage: What's In Your Policy? - LIVE IN DENVER
Program Description
Each attendee will receive a copy of the Lawyers' Professional Liability in Colorado: Preventing Legal Malpractice & Disciplinary Actions - that includes the recent 2010 Supplement!
You advise clients almost every day to read the contract, read the policy, read before you sign. When was the last time you read your professional liability policy? Few insureds read their insurance policy until the day they need it. Don't wait until you face a legal malpractice problem to learn what your policy covers.
Agenda
8:30 - 9:00 am
Registration and Continental Breakfast
9:00 - 9:50 am
Basics of the Insurance Policy
Choosing an Insurance Company
- The Broker, Agent, or Program Administrator
- Insurer's Rating
- Insurer's Authority to Conduct Business
- Insurer's Experience in the Area
- Endorsement by Professional Association
- Insurer's Risk Management Services
- Insurer's Claim Service
- Claims-Agent Insurer
The Insurance Application
Types of Policies
- Claims-Made v. Occurrence
- Claims-Made and Reported Policy
Policy Coverage Provisions
- What is a “Claim”?
- Professional Legal Services
- “For Others”
- Insureds
- Territorial Restrictions
- Prior Acts
- Extended Reporting Periods
- Coverage for “Loss” or for “Damages”
Liability Limits & The Deductible
- Types of Limits
- Defense Costs
- Limits of Coverage: Factors to Consider
- C.R.C.P. 265
Presented by Bradley A. Levin, Esq.
9:50 - 10:00 am
Networking Break
10:00 - 10:50 am
Policy Exclusions, Conditions, Endorsements, and Coverage Gaps
Exclusions
- Prior Knowledge
- Return of Disgorgement of Fees
- Fines, Sanctions, Other Penalties, and Punitive Damages
- Fraudulent, Malicious, Intentional or Dishonest Conduct
- Federal or State Securities Laws, Rules, or Regulations
- Lateral Hire
- Bodily Injury or Property Damage
- Business Pursuits
- Insured v. Insured
- Sexual Misconduct
- Additional Miscellaneous Exclusions
Policy Conditions
- Notice
- Cooperation
- Voluntary Payments
- “Other Insurance” Clauses
- Settlement
Policy Endorsements
Avoiding Gaps in Coverage
- Tail Coverage
- “Discovery Clause”
- Failure to Promptly Report
- Leaving a Firm
- Going Solo
- Lateral Move
- Lawyers Leaving the Private Practice of Law
- Part-Timers
- Of Counsel
- Other Types of Coverage
- Attorney Disciplinary Proceedings
Presented by Carolyn Fairless, Esq.
10:50 - 11:00 am
Networking Break
11:00 - 11:30 am
Alternative Lawyer Relationships
- Contract Lawyering
- General Ethics Considerations
- Civil Consequences of the Temporary Relationship
- The Firm's Liability
- Outsourcing
Presented by David C. Little, Esq.
11:30 - 12:00 pm
Risk Management
- What is Risk Management?
- Law Firm Structure
- Formal Organizations of Practice
- Informal Organizations of Practice
- Internal Controls
- Clients Relations
- Peer Review for Health Concerns
- Claims Repair
- Lawyers Serving on Boards of Directors
Presented by Christopher B. Little, Esq.
Faculty
Carolyn Fairless, Esq.
Wheeler Trigg O'Donnell, LLP
Bradley A. Levin, Esq.
Roberts Levin & Rosenberg, PC
Christopher B. Little, Esq.
Montgomery Little & Soran PC
David C. Little, Esq.
Montgomery Little & Soran PC
Location Information
CLECI Large Classroom
1900 Grant Street, Suite 300
Denver, CO 80203
Get directions
1900 Grant Street, Suite 300
Denver, CO 80203
Registration Fees
| Non Member | $289.00 |
| CBA | $239.00 |
| SO/SM | $219.00 |
| New Lawyer | $219.00 |
- General Credits: 3.00
- Ethics Credits: 3.00
- EDI Credits:
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