Professionals live with the knowledge that every job and client brings with it the potential for great reward . . . and the possibility of a crippling lawsuit. Professional liability insurance (also known as errors & omissions or malpractice insurance) is intended to provide peace of mind and protect against claims of malpractice. Too often, however, professionals are told by their professional liability carriers that their claims are not covered, leaving them with two bet-the-company battles on their hands. Many companies simply do not survive.
Anderson Kill’s professional liability insurance recovery group represents lawyers and law firms, architectural and engineering firms, accountants and accounting firms, brokers, real estate professionals, hospitals, financial institutions and more to obtain the defense and indemnification promised by their professional liability insurance policies so they can stop fighting and get back to the business of doing business. We also work with in-house legal departments and general counsel looking to maximize recovery under Employed Lawyers’ Professional Liability insurance policies.
Represented architectural firm seeking coverage for alleged malpractice arising out of the design of a multi-story building; insurance company denied coverage, arguing that the claim was related to a prior claim alleging a different injury to a different part of the building. After Anderson Kill filed a summary judgment motion arguing that the two claims were not related, the insurance company agreed to provide a defense and indemnification.