Professional Liability Fund
Insurance, Sw Upper Boones Fry Rd, Tigard, , 97224, Oregon, 16037, United States, 11-50 Employees
Phone Number: 50********
Who is PROFESSIONAL LIABILITY FUND
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 Jul...
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Headquarters: 16037 Sw Upper Boones Fry Rd, Tigard, Oregon, 97224, United States
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Date Founded: 1978
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Employees: 11-50
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Revenue: $25 Million to $50 Million
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Active Tech Stack: See technologies
SIC Code: 
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Frequently Asked Questions Regarding Professional Liability Fund
Answer: Professional Liability Fund's headquarters are located at Sw Upper Boones Fry Rd, Tigard, , 97224, Oregon, 16037, United States
Answer: Professional Liability Fund's phone number is 50********
Answer: Professional Liability Fund's official website is https://osbplf.org
Answer: Professional Liability Fund's revenue is $25 Million to $50 Million
Answer: Professional Liability Fund's SIC: 7375
Answer: Professional Liability Fund's NAICS: 621111
Answer: Professional Liability Fund has 11-50 employees
Answer: Professional Liability Fund is in Insurance
Answer: Professional Liability Fund contact info: Phone number: 50******** Website: https://osbplf.org
Answer: 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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