LSBA Endorses ORLSI as Lawyers Malpractice Insurance Provider, Gilsbar Remains Endorsed Agent
Old Republic Lawyers Specialty Insurance (ORI) was chosen by the Louisiana State Bar Association as the LSBA's endorsed lawyers' malpractice insurance provider, with Gilsbar remaining the endorsed agent.
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Old Republic Lawyers Specialty Insurance (ORI) was chosen by the Louisiana State Bar Association as the LSBA's endorsed lawyers' malpractice insurance provider, with Gilsbar remaining the endorsed agent.
Member benefits for policies with January 2026 effective dates include: claims-free deductible opportunity, additional deductible discounts, standalone cyber liability premium credit, higher risk-management premium credits, and revised pricing parameters for greater flexibility. Current program participants will receive notice starting with January 2026 policy effective dates; new entrants will be quoted the enhanced endorsed policy beginning January 2026.
Positive
- LSBA endorsement of ORI as malpractice carrier
- Enhanced coverages including cyber liability premium credit
- Higher risk-management premium credits added
- Effective January 2026 for current and new policies
- Gilsbar retained as endorsed agent
Negative
- None.
Details
News Market Reaction – ORI
On Nov 3, the day this news came out, ORI closed 0.28% below the previous close.
Data tracked by StockTitan Argus for the Nov 3 session.
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Through its partnership with ORLSI, the LSBA Insurance Program now offers enhanced policy coverages and better program perks. These benefits include:
- a claims-free deductible opportunity,
- additional deductible discount opportunities,
- standalone cyber liability policy premium credit,
- higher risk management premium credits and
- changes in pricing parameters and criteria to offer more flexible pricing.
"The LSBA Insurance Committee, led by Chair Kevin C. O'Bryon, working in conjunction with Gilsbar, has spent countless hours over the past year to solicit and review bids, and meet with potential carriers on what they could offer LSBA members," says LSBA Bar President Edward J. Walter, Jr. "I am very grateful for their dedication and diligence on this important project, and thrilled that we can offer such an exceptional product to
Mike Furlong, President of Old Republic Lawyers Specialty Insurance commented, "We are thrilled to expand our relationship with Gilsbar and work closely with the LSBA in providing members attorneys professional liability coverage and services including loss prevention materials that address the unique exposures associated with practicing law."
LSBA members currently insured in the malpractice insurance program will receive notice of these changes starting with January 2026 policy effective dates. New entrants to the program will receive quotes of the enhanced, endorsed policy also starting in January 2026.
"Gilsbar is honored to continue to serve the LSBA and its members by actively negotiating these improved coverage offerings," said Ryan Haun, Gilsbar CEO. "Since our founding, Gilsbar has been dedicated to supporting
For more information about the LSBA's endorsed lawyers' malpractice insurance program, contact Gilsbar at 800.906.9654 or visit www.gilsbar.com/lsba-members-insurance-program.
About Gilsbar
Established in 1959, Gilsbar offers robust insurance solutions for businesses and their employees, including employee benefits consulting, commercial insurance consulting, and association benefits management. Gilsbar is also recognized as an industry leader in professional liability sales and administration.
Gilsbar has been honored by Inc. magazine for its sustained growth, Modern Healthcare and Business Insurance magazines as a Best Place to Work, and WELCOA and the American Heart Association for its proven wellness program available for employees. For more information, visit www.Gilsbar.com.
About ORLSI
Old Republic Lawyers Specialty Insurance is part of Old Republic International Corporation (NYSE: ORI), one of the nation's 50 largest shareholder-owned insurance businesses and a member of the Fortune 500 listing of America's largest companies. Insurance policies are issued by an ORLSI affiliate company.
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SOURCE Gilsbar, LLC
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