L Squared Insurance Agency Blog: hammer clause
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Thursday, January 16, 2020 Your agent told you that you don’t want to have a clause in your policy called “The Hammer Clause.” No, it’s not a Pro-Wrestling move and no, you won’t find the term anywhere in your policy. The Hammer Clause is a term of art for forcing a settlement in the Defense, Indemnification, and Cooperation section of your policy. READ MORE >>
Tuesday, March 27, 2018Question: I am told my Attorney Malpractice Insurance Policy has a ‘Hammer Clause’—What is a ‘Hammer Clause’? Response: There is no attorney malpractice policy that actually states or defines the term for ‘Hammer Clause’. READ MORE >>
Wednesday, February 14, 2018 The Hammer Clause in a Malpractice Insurance Policy Question: An agent told me that my Attorney Malpractice Insurance policy has a ‘Hammer Clause’. I looked in my policy and could not find it. What is a ‘Hammer Clause’? Response: READ MORE >>
Tuesday, April 12, 2016Question: I am told my Lawyers Professional Liability Insurance Policy has a “Hammer Clause”—what is a “Hammer Clause”? Response: There is no Lawyers Professional Liability policy that actually states or has a defined term for a “Hammer Clause”. READ MORE >>