Louisiana State Bar Association Chooses Old Republic for Malpractice Insurance
In a significant move for legal professionals in Louisiana, the Louisiana State Bar Association (LSBA) has officially chosen Old Republic Lawyers Specialty Insurance (ORLSI) as their preferred provider for lawyers' malpractice insurance. This partnership is set to bring valuable enhancements to the malpractice insurance program, designed to offer comprehensive protection and benefits tailored to the unique needs of legal practitioners.
The recent decision allows LSBA members to access an array of improved policy coverages that promise to enhance their professional safeguards. Among the enticing features introduced are a claims-free deductible opportunity, which can substantially benefit members who maintain a clean record, as well as additional opportunities for deductible discounts. These options not only promote responsible legal practice but also reward attorneys for their diligence in managing risk.
Moreover, the policy will include benefits such as standalone cyber liability policy premium credits, which are increasingly crucial in an era where cybersecurity breaches pose significant threats to legal practices. Additionally, higher risk management premium credits and updated pricing parameters offer more flexible options for attorneys seeking to manage their costs while ensuring adequate coverage for their practices.
"The LSBA Insurance Committee, led by Chair Kevin C. O'Bryon, has dedicated significant time and effort over the past year to thoroughly vet options and negotiate terms beneficial to our members," stated Edward J. Walter, Jr., LSBA Bar President. His appreciation for the committee's diligent work underscores the association's commitment to providing essential resources to legal professionals across the state.
Mike Furlong, who serves as President of Old Republic Lawyers Specialty Insurance, expressed enthusiasm about the collaboration, emphasizing their commitment to delivering top-notch professional liability coverage along with valuable services. They also focus on providing loss prevention materials aimed at helping legal practitioners effectively mitigate risks in their daily operations.
Starting from January 2026, existing LSBA members enrolled in the malpractice insurance program will be notified of these important changes, ensuring a seamless transition to the enhanced coverage. Additionally, new applicants joining the program will have access to these improved policy offerings from the same date, reflecting a synchronized effort to elevate the standard of legal practice in Louisiana.
Ryan Haun, CEO of Gilsbar, the agency managing the insurance program, conveyed a sense of pride in continuing to serve the LSBA and its members amidst these changes. Gilsbar has historically been recognized for its dedication to supporting Louisiana's attorneys by providing stable, reasonably priced insurance solutions tailored to their unique needs.
Founded in 1959, Gilsbar has established itself as a leading provider of insurance solutions for businesses and their employees. The company not only specializes in professional liability but also broadens its scope to include employee benefits consulting, commercial insurance consulting, and managing association benefits. Their emphasis on growth and stability has garnered attention from various industry publications, including recognition as a Best Place to Work by Modern Healthcare.
Old Republic Lawyers Specialty Insurance, part of the larger Old Republic International Corporation, is recognized as one of the largest shareholder-owned insurance enterprises in the United States. With a solid standing on the Fortune 500 list, ORLSI's reputation enhances the value proposition for the LSBA’s malpractice insurance program, reassuring members of reliable protection backed by a reputable provider.
For further details about the LSBA's endorsed malpractice insurance program, interested parties can reach out to Gilsbar at 800.906.9654 or visit their website at www.gilsbar.com/lsba-members-insurance-program. The evolution of the LSBA malpractice insurance offerings exemplifies a proactive approach to risk management in the law profession, ensuring that Louisiana attorneys are well-equipped to face the challenges presented in their practice.
The recent decision allows LSBA members to access an array of improved policy coverages that promise to enhance their professional safeguards. Among the enticing features introduced are a claims-free deductible opportunity, which can substantially benefit members who maintain a clean record, as well as additional opportunities for deductible discounts. These options not only promote responsible legal practice but also reward attorneys for their diligence in managing risk.
Moreover, the policy will include benefits such as standalone cyber liability policy premium credits, which are increasingly crucial in an era where cybersecurity breaches pose significant threats to legal practices. Additionally, higher risk management premium credits and updated pricing parameters offer more flexible options for attorneys seeking to manage their costs while ensuring adequate coverage for their practices.
"The LSBA Insurance Committee, led by Chair Kevin C. O'Bryon, has dedicated significant time and effort over the past year to thoroughly vet options and negotiate terms beneficial to our members," stated Edward J. Walter, Jr., LSBA Bar President. His appreciation for the committee's diligent work underscores the association's commitment to providing essential resources to legal professionals across the state.
Mike Furlong, who serves as President of Old Republic Lawyers Specialty Insurance, expressed enthusiasm about the collaboration, emphasizing their commitment to delivering top-notch professional liability coverage along with valuable services. They also focus on providing loss prevention materials aimed at helping legal practitioners effectively mitigate risks in their daily operations.
Starting from January 2026, existing LSBA members enrolled in the malpractice insurance program will be notified of these important changes, ensuring a seamless transition to the enhanced coverage. Additionally, new applicants joining the program will have access to these improved policy offerings from the same date, reflecting a synchronized effort to elevate the standard of legal practice in Louisiana.
Ryan Haun, CEO of Gilsbar, the agency managing the insurance program, conveyed a sense of pride in continuing to serve the LSBA and its members amidst these changes. Gilsbar has historically been recognized for its dedication to supporting Louisiana's attorneys by providing stable, reasonably priced insurance solutions tailored to their unique needs.
Founded in 1959, Gilsbar has established itself as a leading provider of insurance solutions for businesses and their employees. The company not only specializes in professional liability but also broadens its scope to include employee benefits consulting, commercial insurance consulting, and managing association benefits. Their emphasis on growth and stability has garnered attention from various industry publications, including recognition as a Best Place to Work by Modern Healthcare.
Old Republic Lawyers Specialty Insurance, part of the larger Old Republic International Corporation, is recognized as one of the largest shareholder-owned insurance enterprises in the United States. With a solid standing on the Fortune 500 list, ORLSI's reputation enhances the value proposition for the LSBA’s malpractice insurance program, reassuring members of reliable protection backed by a reputable provider.
For further details about the LSBA's endorsed malpractice insurance program, interested parties can reach out to Gilsbar at 800.906.9654 or visit their website at www.gilsbar.com/lsba-members-insurance-program. The evolution of the LSBA malpractice insurance offerings exemplifies a proactive approach to risk management in the law profession, ensuring that Louisiana attorneys are well-equipped to face the challenges presented in their practice.
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