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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
E-mail:



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Media release
For immediate release

Gap Coverage available to homebuyers throughout duration of power and service disruptions

Adobe PDF document PDF file for download (Size: 17K)

Thursday, August 22, 2003, Toronto, ON: Homebuyers whose closings were affected by last Thursday's blackout and subsequent service reductions can rely on the protection of gap coverage through the purchase of TitlePLUS title insurance coverage.

TitlePLUS aims to maintain uninterrupted service throughout any rolling blackouts or other events that may hinder real estate closings. "In times of emergency, we have always provided, and will always provide gap coverage for our customers", said Mark Farrish, Director, Sales and Marketing for TitlePLUS. "Service is our first priority, our coverage has always been uninterrupted."

Land Registry and Land Titles Offices across the province were open from 8:30 a.m. until 12:00 noon earlier this week, with business as usual resuming on Friday, August 22, 2003.

TitlePLUS recognizes the difficulties that this situation created, and in keeping with its goal to provide subscribers with superior service at all times, the company advised that gap coverage would be provided until 12:00 noon on the business day following the scheduled closing date, provided that the TitlePLUS application was pre-approved, and the transaction was scheduled to close on August 20 or 21, 2003.

From the moment the lights went out around the province, TitlePLUS users were provided with gap coverage. Gap coverage will protect the insured purchaser and lender from the time funds are released to the time closing documents are registered. For TitlePLUS purposes, the "closing date" is the day funds were released, not the registration date.

TitlePLUS was developed by the Lawyers' Professional Indemnity Company (LAWPRO) and has been used by more than 2,200 lawyers to streamline real estate transactions and improve the service and protection that home buyers receive when they buy a home. LAWPRO is a wholly Canadian-owned insurance company that is licensed to provide professional liability insurance and title insurance in numerous jurisdictions across Canada.

Please visit our Web sites at titleplus.lawyerdonedeal.com and lawyermortgage.com for continued updates.

-30-

Media Contact:
Mark Farrish
Director, Sales & Marketing, TitlePLUS
[email protected]
(416)598-5866
TitlePLUS Customer Service:
[email protected]
(416) 598-5899
1-800-410-1013
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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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