PCM SERVICES, LLC, has been appointed to represent General Star National Insurance Company (A.M. Best A++ XV), which offers admitted lawyers' professional liability coverage in New York on a primary basis, for firms with one to 50 attorneys. Limits available from $100,000 to $5,000,000 (Higher limits are available) with deductibles from $1,000 to $100,000 depending upon the size of the firm.
Coverage Advantages of the General Star program:
- Broad definition of “Professional Services”
- ERP-Several options including “unlimited” are available
- Notary Public, Arbitration, Mediation Services are Covered*
- Predecessor/ Successor in Business is Covered*
- "Of Counsel" is covered*
- Temporary Hires are covered*
- Non-Lawyer employees are covered*
- Equity Interest is covered up to 10%*
- Defense of Disciplinary Complaints
- Supplementary payment for loss of personal earnings reimbursement
- S.E.C Coverage may be included (by endorsement)
- No Charge for extended reporting endorsement in the event of death or permanent disability
- No Charge for New Hires added during the policy period.
- Optional unlimited tail for retirees (must qualify)
- Options available for claim expenses outside the limit
- Innocent Insured coverage*
- Lateral Hire coverage available*
*Coverage subject to the policy’s terms & conditions
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