Professional Liability Fund
InsuranceOregon, United States11-50 Employees
The Professional Liability Fund is an insurance program established in Oregon to provide primary malpractice coverage for lawyers in private practice. Since its inception in 1978, the fund has offered coverage of $300,000 per claim and per aggregate, including defense costs, along with an additional $50,000 for claims expenses. It operates within the legal industry and is designed to mitigate risk for Oregon attorneys by ensuring uniform minimum protection across the private practice bar, with cost considerations historically favoring the fund over comparable commercial policies. Based in Tigard, Oregon, the organization is part of the state's professional liability framework and has a long-standing history as a mandated coverage provider for its target market. The fund’s setup reflects a philosophy that mandatory participation reduces adverse selection and promotes financial stability for insured lawyers.