News / Upcoming Events

LAWPRO releases 2012 Annual Report

On May 1st, 2013, LAWPRO held its Annual General Meeting and released its 2012 Annual Report, available here. The report includes the company's financial statements and Management Discussion and Analysis, including a report on operations for the 2012 year. The results and report are prefaced by remarks from both Susan T. McGrath, chair of the Board of Directors, and LAWPRO President and CEO Kathleen Waters.

Rating agency awards LAWPRO an A (Excellent) rating for 13th time

Leading rating agency A. M. Best Co. has awarded Lawyers' Professional Indemnity Company (LAWPRO) a financial strength rating of A (Excellent) and an issuer credit rating of "a." This marks the 13th consecutive time that LAWPRO has received this positive rating from A.M. Best Co.

In addition, A. M. Best Co. awarded LAWPRO a "stable" outlook for the second consecutive year, after upgrading its outlook report from negative to stable in 2012. More ...

Construction Affects Access to LAWPRO

If you are planning a visit to LAWPRO, please be aware that Cadillac Fairview is renovating the Yonge Street entrance to our building. This will mean limited or no access to the lobby at 250 Yonge from that entrance until June 30, 2013. As an alternative, you can access the lobby from the entrance in the Eaton Centre, south of Sears (beside Roots).

250 Yonge Directional Map

Introducing the Law Society’s new Member Assistance Program (MAP)

The Law Society of Upper Canada has announced the introduction of a new assistance program for Ontario lawyers, law students, licensed paralegals, and their families. The program, which is funded by the Law Society and LAWPRO, is operated independently by Homewood Human Solutions and provides supportive services to lawyers and licensed paralegals experiencing a professional or personal crisis. Homewood Human Solutions offers confidential counselling, peer-to-peer support, crisis management services and on-line resources and peer resource tools. See this announcement from Homewood for more details.

LawPRO^® Magazine     

LAWPRO Magazine: May 2013 E & O program: Coverage summary; service report; claims for 2012 top $100M; claims management track record Financial results explained: A guide to our Statements of Income Insurance biz: Why the LAWPRO base premium is only the start of the story: A tentative analytical model brings insight Errors & Omissions: Wondering when to report that claim? Do it now; How to report -- and how not to report -- a claim to LAWPRO Tech tip: Be smart about spam: Use whitelisting so you don't miss key messages The May 2013 issue is available here.