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Last update: Sept. 28, 2017

2017 Releases

  • 2018 Insurance Program (Sept. 28, 2017)
    Convocation of the Law Society of Upper Canada approves LAWPRO's 2018 insurance program for the Ontario Bar. Data analysis leads to refinements in risk-rating.

2016 Releases

  • 2017 Insurance Program (Sept. 22, 2016)
    Convocation of the Law Society of Upper Canada approves LAWPRO's 2017 insurance program for the Ontario Bar. Base premium decreased to $2,950 plus strategies to promote access to justice.

  • LAWPRO receives “A” rating from A.M. Best Co. (Aug. 16, 2016)
    A.M. Best Co. awarded Lawyers’ Professional Indemnity Company a financial strength rating of “A” and an issuer credit rating of “a” for the sixteenth consecutive time.

  • Kathleen A. Waters to receive OBA Award of Excellence in Real Estate (May 24, 2016)
    On June 22nd, the Ontario Bar Association will present LAWPRO President and CEO Kathleen A. Waters with the Award of Excellence in Real Estate.

2015 Releases

2014 Releases

  • LAWPRO base premium stable for fifth consecutive year (Sept. 24, 2014)
    Strong financial results and a moderating claims count have allowed LAWPRO to hold the base premium for the mandatory insurance program at $3,350 for the fifth consecutive year. 2015 marks 20 years of LAWPRO operating primary insurance program.

    For more details of the 2015 insurance program, see our Report to Convocation.

  • LAWPRO receives "A" rating from A.M. Best Co. (June 2, 2014)
    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" for the fourteenth consecutive time. In addition, A.M. Best Co. gave LAWPRO a "stable" outlook for the third year in a row.

Media Release archive

Media contacts:
Naomi Dummett
Director of Communications
Tel: 416-596-4652
Toll-free: 1-800-410-1013

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Leading rating agency rates LAWPRO an A (Excellent) for second consecutive year

Toronto, ON, January 8, 2002 - A.M. Best Co. has affirmed the financial strength rating of "A (Excellent)" for Lawyers' Professional Indemnity Company (LAWPRO), citing LAWPRO's profitable operating performance, strong capital position, effective management team, favorable loss reserve development and overall financial strength as key indicators that earned LAWPRO the "A" rating.

In its announcement, A.M. Best Co. commented positively on LAWPRO's programs and processes: "The company's risk-based underwriting model has resulted in consistent profitable underwriting results which, when combined with stable investment income, have contributed to the sustained internal growth of LAWPRO's capital and financial strength. Through its prudent underwriting, sophisticated claims handling and effective reinsurance program, LAWPRO has developed a stable market for professional liability coverage in Ontario," the release said.

LAWPRO President Michelle Strom noted that LAWPRO's ability to earn a consistent "A (Excellent)" rating from the world's leading insurance rating agency "is particularly gratifying given the more difficult economic climate of the past year.

"Despite hardening insurance markets, reinsurers have again strongly supported the LAWPRO program, which in itself is an indication of the industry's favourable view of LAWPRO. Our operating results for 2001 will be on target, despite a downturn in the economy and investment markets. Our claims experience remains stable, a reflection of both the proactive risk management and prudent claims management philosophy that we have developed. The A.M. Best rating confirms our financial strength and stability, and solidifies our position as a leading insurance provider for the legal profession."

LAWPRO, is a Toronto-based company that is licensed to provide lawyers' liability insurance, including excess liability insurance. It currently provides Ontario's 18,000 practising lawyers and the 450 members of the Newfoundland bar with comprehensive liability insurance programs. TitlePLUS, LAWPRO's title insurance product, is used widely by real estate practitioners in Ontario. Starting in 2002, LAWPRO plans to launch TitlePLUS in other jurisdictions across Canada.

A.M. Best Co., established in 1899, is the world's oldest and most authoritative insurance rating and information source.

Contact:   Michelle Strom
President, LAWPRO
[email protected]
(416) 598-5802
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Key DatesMore

On or about October 2, 2017
LAWPRO online filing of Professional Liability Insurance renewal applications for 2018 is expected to begin. If you wish to file a paper application instead of filing online, please note that paper renewal applications will not be automatically mailed out, but it is expected that you will be able to download a 2018 pre-populated paper renewal application from our website starting on or about October 2, 2017.

October 31, 2017
Real estate and civil litigation transaction levies and forms are due for the quarter ended September 30, 2017.


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