Partnership Offers Liability Cover for Lawyers.

Target Capital and Gulf Insurance Group, a subsidiary of Travelers Insurance, have entered a partnership to provide lawyers with professional liability insurance and claims-administration services.

The program, Ontarget Lawyers Professional Liability Insurance, has coverage available to solo practitioners and law firms This list of the world's largest law firms by revenue is taken from The Lawyer and The American Lawyer and is ordered by 2006 revenue:^[1]

Clifford Chance, £1,030.2m – International law firm (headquartered in the UK);
Linklaters, £935.

with up to 75 attorneys. Under the terms of the program contract, Target Capital will have authority to underwrite To insure; to sell an issue of stocks and bonds or to guarantee the purchase of unsold stocks and bonds after a public issue.

The word underwrite has two meanings. , quote, bind and issue policies on behalf of Gulf.

In addition to Target Capital's underwriting Underwriting

1. The process by which investment bankers raise investment capital from investors on behalf of corporations and governments that are issuing securities (both equity and debt).

2. The process of issuing insurance policies. authority for the program, the company's claims-administration division, Target Professional Associates, will be handling all claims within the program through its nationwide panel of legal counsel.

Ontarget Lawyers Professional Liability Insurance is offered nation wide. Coverage includes options for first-dollar defense coverage, defense outside the limit and prior acts cover age available in most instances. Policies are available for notaries public, title agents, arbitration/mediation coverage, defendants reimbursement Reimbursement

Payment made to someone for out-of-pocket expenses has incurred. , disciplinary proceedings coverage and more. The program will be underwritten from Target Capital's Lisle lisle
n.
1. A fine, smooth, tightly twisted thread spun from long-stapled cotton.

2. Fabric knitted of this thread, used especially for hosiery and underwear. , Ill., managing general under writer facility.

Gulf Insurance Group is a subsidiary of Travelers Insurance and member of Citigroup. Target Capital, based in Avon, Conn., is a managing general underwriter and aggregator of specialty insurance programs and services.

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Title Annotation:	Target Capital teams with Gulf Insurance Group
Comment:	Partnership Offers Liability Cover for Lawyers.(Target Capital teams with Gulf Insurance Group)
Publication:	Best's Review
Article Type:	Brief Article
Geographic Code:	1USA
Date:	Jun 1, 2001
Words:	195
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