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This business is therefore transferred to an unlicensed insurer (a company that is not licensed in the state) in accordance with the state`s excess insurance laws. A special purpose liability insurance company incorporated under the Liability Risk Retention Act 1986 and wholly owned by its insureds. After meeting the regulatory requirements of the state in which it is chartered, an RRG can offer insurance to members in other states without first having to meet their individual licensing requirements. Insurance for lawyers and law firmsAt Insurance Masters, we offer lawyers and law firms reliable insurance against legal errors. We have access to multiple markets so we can offer you the best insurance options for your needs. Travelers Cyber Social Engineering Fraud Supplement APP + CyberRisk Instructions, Checklist, Coverage Response Travelers Cyber Multi-Factor Authentication Attestation The company has met the minimum requirements established by law and is authorized by this state to underwrite the professional indemnity business of lawyers. The importance of licensing includes not only protecting the insured, supporting state regulators in solving a problem, but also the fact that guarantee fund laws generally only apply to licensed insurers. Freight forwarders who write for companies with 1 to 30 lawyers. We offer legal defects insurance, call us at 410-971-5869.