In case you missed it, here is a collection of posts to help you get a better understanding your mandatory errors and omissions coverage:

Only a few days left to renew your excess coverage! If you are an existing customer, the renewal period is open until June 30th, 2024. If you are a new customer, applications can be submitted until July 31st, 2024.

Time is running out to renew your excess coverage! If you are an existing customer, the renewal period is open until June 30th, 2024. If you are a new customer, applications can be submitted until July 31st, 2024.

As a solo practitioner or small firm, you may not think you need higher insurance limits because of your size. However, the amount of coverage you need is dependent on many factors, not just the size of your practice. The information below will help you understand your mandatory coverage through your law society and the additional excess coverage that is available to you.

The Alberta Lawyers Indemnity Association administers a Mandatory Cyber insurance program. CLIA also provides an optional, enhanced Stand-alone Cyber insurance product for purchase by Alberta lawyers which can augment your protection, and provide your firm with robust coverage for it’s potential expenses and lost revenues in the event of a breach or attack. 

As a retiree, you remain responsible for work performed prior to retirement. Although mandatory insurance coverage applies as long as the occurrence took place during the period in which the member was insured, excess coverage does not apply.  Like most liability policies, our excess liability program is “claims made”, meaning insurance needs to be in place when a claim is made and not when the work is done.

If you use the internet in any capacity, you and your law firm are targets for a cyber-attack. Cyber-attacks are unwelcome attempts to steal, expose, alter, disable, or destroy information through unauthorized access to computer systems.  Cyber insurance provides coverage for lawyers and law firms who may fall victim to a wide range of cyber-attacks.   

The CLIA Voluntary Excess Program (VEP) renewal/new applications is open. This is a month earlier than previous years due to feedback received from our customers.

Excess insurance provides another layer of security should your defence and indemnity costs exceed the primary mandatory limits. As the value of client’s transactions increases over time, so too does the need to secure adequate levels of Errors and Omissions (E&O) insurance. One large claim could quickly erode the primary policy, leaving you or your firm exposed to significant personal liability.

Each year, CLIA receives overwhelmingly positive feedback from our Voluntary Excess Program (VEP) customers about the ease of our renewal process.