Adapting 'Professional Services' For The 21st Century

Law360, New York (November 3, 2015, 11:29 AM EST) -- Jonathan S. Ziss

Jonathan L. Schwartz Commercial general liability, professional liability and errors and omissions insurance policies often use the term “professional services” to delineate between the kinds of coverage the policy does and does not offer.

For example, a CGL policy may include an exclusion injury or damage arising out of the rendering of or failure to render “professional services.” By contrast, a lawyers malpractice policy may cover only a “wrongful act” arising out of the rendering of or failure to render “professional legal services.” While some policies define the term “professional services” with specificity and detail, e.g., by enumerating...

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