TLIE Gives Back $4,000,000
TLIE NewsTLIE is proud to announce that the 2023 policy distribution totaled $4,000,000! This amount was approved by the TLIE Board of Directors at the December 2023 Board Meeting.
TLIE is the only legal malpractice insurance company in Texas that is owned by the Texas lawyers and judges that it insures. When claims are favorable, TLIE is able return excess profits to its policyholders. Unlike a commercial insurance company, a member-owned company like TLIE exists solely to serve the insurance needs of policyholders, not to produce investment profits for stockholders.
Over the past several years, TLIE’s claim experience has been very favorable and enabled TLIE to lower its premium rates, reduce its dependence on reinsurance and return record amounts to its policyholders. Over the past 27 years, TLIE has returned a total of $77,800,000 to its policyholders! The amount of each policyholder’s distribution is based on the premium paid by the policyholder.
TLIE has been serving the lawyers and judges of Texas since 1979, and we are proud to continue our long history of providing exceptional malpractice insurance and unrivaled customer service.
If you’d like more information about becoming a TLIE member or have a question about legal malpractice insurance, please contact us at info@tlie.org.
