Local Professional Liability

The board of the Trust, consisting of 12 local physicians of varying specialties, selects physicians to be added as members to the Trust based in part on their likelihood to produce claims for the Trust.

When claims arise, the board handles them in conjunction with our attorneys from the law firm of Bush Ross and Deacon Moulds & Stofer.

Trust Administration

Administrators of the Trust since its inception have been William P. Wallace or Andrew L. Wallace.  The current manager of the Trust, Andrew Wallace, is a graduate of Florida State University’s College of Business, with a B.S.  in Risk Management and Insurance. 

The founder of the Trust was Andrew Wallace’s father, William P. Wallace, who retired in 1992.  Andrew Wallace’s grandfather, John Wallace, was also in the insurance business in St. Petersburg.