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Spinnaker Files Maryland Lawyers’ Liability Program

Spinnaker Insurance Company has filed rates and rules in Maryland for its Boost-AmWins Lawyers’ Professional Liability program (LawGold). The filing, submitted August 7, 2025, is a rollover of a program previously written under KnightBrook Insurance Company, which has been terminated.

This is a new program for Spinnaker with no reported premium or policyholders. Rates are based on a similar program approved in New Jersey by Preferred Professional Liability Company, with a 10% base rate increase to reflect inflation and loss trends since 2020, and the removal of Breach Response Coverage.

The program includes a $100 policy administration fee, base rates per full-time lawyer based on prior acts history, optional coverages such as Defense Costs Outside the Limit and Trustees Liability, and schedule rating modifications of up to ±25%. The stated overall rate impact is 0%, as the filing represents a rollover rather than a material rate change.