Spinnaker Insurance Company has filed to adopt the LawGold Lawyers’ Professional Liability program in Florida, previously underwritten by KnightBrook Insurance. With Knight exiting the market, Spinnaker is stepping in with no changes to the program’s rates, rules, or forms—requesting a “me-too” approval identical to the previously approved Knight filing.
Targeting small, low-risk law firms with up to 40 attorneys, LawGold offers tiered pricing based on prior coverage, claims history, practice specialty, and risk management factors. Boost Insurance Agency administers the program and submitted the filing on Spinnaker’s behalf. Premiums are calculated using a multi-step formula, including factors like firm size, legal specialty, claims experience, and optional endorsements such as Career Coverage and Trustees Liability.