Hanover Insurance Company Attorney Malpractice Insurance Policy – Crisis Event Coverage

Bad things can happen to a law firm that are not malpractice. If not addressed promptly could possibly end or damage the reputation of a firm or one of its attorneys. Hanover Crisis Coverage may help to address these issues. Even though the Hanover malpractice coverage is duty to defend, the Crisis Event coverage is reimbursement.  The actual coverage provided is in the Coverage policy section. Notice of a Crisis Event claims notification is also a Notice of Potential Malpractice Claim. Not all insurers provide a similar coverage.

From the Declarations Page

Item 6. SUPPLEMENTAL COVERAGE LIMIT AND DEDUCTIBLE

Crisis Event $25,000 per Event / $25,000 in the Aggregate    Deductible $0

From the Policy

Crisis Event Coverage

d.         Crisis Event

We will pay on Your behalf Event Expenses for a Crisis Event first occurring and reported to Us in writing during the Policy Period.

Crisis Event Definitions:

Crisis Event means:

1. Potential dissolution of the Named Insured;

2. Death, serious illness or departure of a principal, partner, owner, director, executive officer, risk manager or in-house general counsel of the Named Insured;

3. Incident of workplace violence; or

4. The arrest of, initiation of a criminal investigation of, or criminal proceeding against the Chief Executive Officer, Chief Financial Officer, President, partner, principal, LLC Managing Member, or member of the board of directors, for the rendering of Professional Services; that could reasonably have a material adverse effect upon the Named Insured’s reputation.

Crisis Management Firm means a public relations service provider hired by You with Our prior written consent. Our consent will not be unreasonably withheld. 

Event Expenses means the reasonable fees and costs for public relations consulting services performed by a Crisis Management Firm, as a result of a Crisis Event.

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     (616) 940-1101 Ext. 7080