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News & Insights

Insuring Law Firms with Cannabis Clientele

It was way back in 1996 when California became the first state to legalize medicinal cannabis with Proposition 215.  Over the next 16 years, state after state followed, in one form or another, until Colorado and Washington legalized recreational marijuana in 2012, followed by Oregon, Nevada, Maine, Massachusetts and, of course, California.  Today, it’s much...
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New Admitted Insurance Carrier in California

The StarStone Admitted Lawyers Professional Liability Insurance Program is Now Available in California via Founders Professional A competitive new option in lawyers professional liability insurance for law firms with 1-20 attorneys, including part-time attorneys, in the State of California. ** This program is not targeting law firms in the Counties of Los Angeles, Ventura, Orange...
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Law Firm Risk Management: What Every Firm Should Know

When thinking about the risks that law firms may encounter on a day to day basis, your mind may go straight to malpractice.  But the truth is, the risks that attorneys face go far beyond negligence.  Good risk management in law firms is one of the most important factors insurance companies look for when determining...
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Social Engineering Fraud in the Title Industry

Beginning around 2005, title agencies were getting flooded with a ton of business thanks to a boom in the housing market.  Years later, there was a crash in the real estate market that caused many people around the nation to lose their homes.  These homeowners were getting hung out to dry and were looking for...
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National Coordinator for the Allied World Lawyers Professional Liability Insurance Programs

For Immediate Release Effective immediately, Founders Professional, a wholesale insurance brokerage firm, is a National Coordinator for the Allied World Lawyers Professional Liability Insurance programs.   ALLIED WORLD LPL ASSURESM Broad Appetite and Flexibility for Today’s Law Firms   Product Features For Law Firms with 3-100 Attorneys Admitted Policy Form Rated “A (Excellent)” by A.M....
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Medical Professional Liability Insurance

Physicians & Physician Groups Claims Made Medical Professional Liability Insurance Founders Professional offers comprehensive insurance solutions with broad coverage for physicians and physician groups. We have a dedicated team with extensive healthcare knowledge and expertise ready to serve you.   Offering Policies With: $1M per claim / $3M annual aggregate – higher limits available First...
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Introducing LawyerCare®

Founders Professional is very excited to introduce our newest Admitted Lawyers Professional Liability Insurance market – LawyerCare® by Medmarc. Now Available from Founders Professional in INDIANA, ILLINOIS, KENTUCKY & MICHIGAN LawyerCare® policies are underwritten by Medmarc – an industry leader rated A+ (Superior) by A.M. Best.     Coverage Features* PracticeGuard® Coverage—helping your firm continue in...
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Nutraceuticals – A Booming Industry

Interest in health and nutrition-related products is on the rise, making nutraceuticals an exciting and emerging industry. But just like any company that manufactures or distributes products, nutraceutical companies are exposed to a range of risks from products causing bodily injury to product recall. Target Risks Companies Manufacturing or Distributing: Cosmoceuticals CBD / Hemp Products...
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New Market for Title Agents E&O Insurance

Title Agents Errors & Omissions Insurance The title insurance industry is a traditionally tough sector to place professional liability coverage for. Founders Professional recognizes that and looks for insurance carriers to align themselves with that will help our agents be more successful when quoting this unique class of business. Introducing American Insurance Professionals Our new...
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Growing Trends in Healthcare Professional Liability

Healthcare is a continually changing field. Staying on top of current events will help you identify quality insurance solutions for your client’s new exposures. Cyber breaches, HIPAA violations, Medicare/Medicaid fraud allegations, large jury verdicts, healthcare reform, physician shortages, hospital/health system mergers… the list of current events is endless.   Who would have thought that just 5...
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