Bonding Program

Effective February 1, 2010

The following is a summary of the key features and requirements of the Insurance Program. This summary is provided solely for the sake of convenience; and is qualified in its entirety by reference to the specific terms and conditions of the Policy and the rules of The Forwarders List of Attorneys, as in effect from time to time.

Please note that The Forwarders List of Attorneys does not itself insure any forwarded claim, or otherwise provide any surety for any listed firm. The Policy is provided by a commercial insurer, and The Forwarders List of Attorneys's obligations under this program are to forward any claim and its supporting documents to the insurer, and, if and to the extent the insurer accepts and pays such claim, to cover any deductible, and The Forwarders List of Attorneys expressly disclaims any other obligation or liability of any kind. Accordingly, to the extent the insurer denies coverage of a claim, or coverage is otherwise unavailable, a forwarder will not be entitled to look to The Forwarders List of Attorneys for payment.

This program indemnifies those who forward cases through The Forwarders List of Attorneys to Forwarders List attorney members against loss due to fraudulent or dishonest acts by lawyers and not against negligence or any other delinquent misconduct, error of judgment, or breach of contract whatsoever on the part of the attorneys. This insurance program is in the form of a $1,000,000.00 fidelity insurance program, and the liability of the law list is limited to claims with respect to which The Great American Insurance Company accepts liability. Some specifics of this program are as follows:

  1. The insurance program includes coverage against acts of larceny or embezzlement. This is not a malpractice insurance program.
  2. The policy covers dishonest acts by listed attorneys. The policy does not cover individual employees of listed firms.
  3. It covers properly registered cases for 36 months, from the date of employment. Proper notification must be sent to The Forwarders List within 35 days from the date each referral was made to The Forwarders List member. In addition, the member attorney must be notified on each referral that his/her name was selected from The Forwarders List.
  4. This program covers members and claims in all 50 states and Canada, but does not provide coverage on foreign attorneys including Puerto Rico, Guam, and the Virgin Islands.
  5. Neither the publisher nor the surety shall be liable for any loss through any attorney or firm of attorneys whose names were not listed in that publication and/or web site at the time of employment. It is incumbent upon the forwarder to consult The Forwarders List website, www.forwarderslist.com, for current information.
  6. Under the terms of this Insurance Program, the loss shall be calculated as the net sum the forwarder would have received had the remittance been made in due course by the attorney or firm of attorneys after deduction of costs, expenses, fees, and commissions due to the attorney(s). Recovery under this Insurance Program will be 90% of the net loss after a deductible of $250 per legal case.
  7. Suit fees and advanced court costs are covered if it is proven that suit has not been filed. Suit fees and advanced court costs are not covered if it is proven that suit has been filed.
  8. The publisher and the surety assume no liability for dispute in fee deductions in connection with suit and/or legal fees unless the amount has been specified in advance and agreed to by the forwarder and the receiving attorney in writing.
  9. The forwarder, on becoming aware of any act or acts which may be the basis of a claim under the insurance program shall notify the law list immediately. The forwarder will then have 90 days within which to furnish back-up documentation and a total loss figure to the law list.
  10. If there is a discrepancy on a remittance by a listed attorney, it is incumbent upon the forwarder to submit to the law list for adjustment the attorney's check and any other pertinent information to the case. Under no circumstances, should the original check be returned to the attorney for adjustment.
  11. No forwarder shall seek insurance coverage with more than one law list on a single item placed with a receiver, nor shall the forwarder indicate insurance coverage with more than one list to the receiver on a single case. Violation of this rule will nullify coverage under this Insurance Program.

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