Professional Liability Fund
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- The Oregon State Bar Board of Governors created the Professional Liability Fund in 1977 pursuant to state statute and with approval of the membership. The PLF first began operation on July 1, 1978, and has been the mandatory provider of primary malpractice coverage for Oregon lawyers since that date. The PLF provides coverage of $300,000 per claim/$300,000 aggregate to every attorney engaged in the private practice of law in Oregon. This coverage includes defense costs and, in addition, there is a $50,000 claims expense allowance. The PLF's philosophy is that a program of this type must be mandatory for all lawyers in private practice in the state, as purely voluntary participation could result in adverse selection and a concentration of only the bad risks, leading to financial instability. Over time, the cost of coverage provided by the PLF has proved to be less than the cost of comparable commercial coverage.
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Headquarters:Suite 300 , Tigard, Oregon, United States
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Phone Number: +1 503-639-6911
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Website: https://www.osbplf.org
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Employees:27
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Revenue:$1 - 10M
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Legal Name:Professional Liability Fund
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Professional Liability Fund's Social Media
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| NAICS Code: 813910 |
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Frequently Asked Questions regarding Professional Liability Fund
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Where are Professional Liability Fund's Headquarters?
Professional Liability Fund's Headquarters are in Suite 300 ,Tigard,Oregon,United States
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What is Professional Liability Fund's phone number?
Professional Liability Fund's phone number is +1 503-639-6911
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What is Professional Liability Fund's official website?
Professional Liability Fund's official website is https://www.osbplf.org
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What is Professional Liability Fund's Revenue?
Professional Liability Fund's revenue is $1 - 10M
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What is Professional Liability Fund's NAICS code?
Professional Liability Fund's NAICS code is 813910
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How many employees are working in Professional Liability Fund
Professional Liability Fund has 27 employees
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What is Professional Liability Fund's Industry?
Professional Liability Fund is in the industry of Insurance
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Who is Professional Liability Fund's Board Member?
Professional Liability Fund's Board Member is Chris Karlin