Alberta Lawyers Indemnity Association (“ALIA”) works collaboratively with the Law Society to build and deliver a robust loss prevention and risk management program for Alberta lawyers. Periodically, ALIA sends its Subscribers email newsletters with information on relevant topics such as coverage updates, upcoming events, deadlines, and trends in the industry.
Newsletter
Summary
Join ALIA for a free webinar to learn how the Universal Cyber Coverage Program, recently renewed with Beazley Canada Limited (“Beazley”), can help you in the event of a cyber incident.
Also in this newsletter:
- Fake Law Firm Websites: If your name or firm shows up on a faked website, what do you do?
- Reminder: Download your Cyber Coverage Certificate
Updates to Universal Cyber Coverage Program
June 24, 2024
ALIA is pleased to announce further details on enhancements to the Universal Cyber Coverage Program that will commence on July 1, 2024.
The premium payable remains the same as last year at $265 per Subscriber.
Levy announcement for 2024-2025 policy year
May 21, 2024
The annual levies set by ALIA and the Universal Cyber Coverage Premium payable by each Subscriber for the 2024-2025 policy year (July 1, 2024, to June 30, 2025) are as follows:
- $2,910 for Professional Liability / Negligence ($50 less than last year)
- $190 for Misappropriation ($20 less than last year)
- $265 for Universal Cyber Coverage Premium (the same as last year with increased coverage).
Invoices for these required payments, plus GST, will be available online through the Law Society of Alberta’s Lawyer Portal before May 31 and must be paid on or before June 30, 2024.
Reminder: Surcharge grandfathering ends June 30, 2024.
May 2024 ALIAdvisory Newsletter
May 14, 2024
In this newsletter:
- Artificial Intelligence: AI impact on legal maters
- CLFL: Civil Litigation Filing Levy pilot continues with action to address non-compliance
- Extended Coverage: Alberta lawyers urged to consider additional coverage beyond ALIA’s Group Policy
- Rule 4.31: The road to the recent amendment of the Alberta Rules of Court
- ALIAlert Scam Watch: Law firm lost $250k after employee lied about calling client to confirm bank details
ALIA Board sets levy for 2023-2024, mitigates increase by approving $5.7M capital subsidy
May 15, 2023
The Board of Alberta Lawyers Indemnity Association (“ALIA”) has set the annual levy for 2023-2024 to:
- $2,960 for Part A (Professional Liability / Negligence)
- $210 for Part B (Misappropriation)
- $265 for Universal Cyber Coverage
for a combined levy (“base levy”) of $3,435 (Part A + Part B + cyber) before GST.
Payment of the annual levy is due by June 30, 2023GST is payable on the levy, so the amount of the invoices for those without individual surcharges will be $3,606.75 (Part A + Part B + cyber) including GST.
Join ALIA for a webinar to learn how the recently launched Universal Cyber Coverage Program can help you in the event of a cyberattack. No registration required – the link will be emailed to all Subscribers the week of the event.
Webinar: Introduction to ALIA’s Universal Cyber Coverage Program
February 1, 2023
noon – 1:15 p.m. MST
Request for Information: ALIA has identified a particular need for external counsel with a background in family law and insurance coverage; however, the RFI is open to all Alberta lawyers and firms to apply. Click here to view the full RFI.
Civil Litigation Filing Levy Reminder: Q2 Filings and Payment Due by January 31, 2023.