L Squared Insurance Agency Blog: closely held entity exclusion
View the latest blog posts from L Squared Insurance Agency.
Monday, March 27, 2023 Attorney malpractice Insurance policy normally contain closely held ownership exclusions. If this is the insured’s 1st policy or the insured is changing malpractice insurers finding and reading this exclusion may save the insured a denied claim. Law firms members may own another entity, or their spouse may own another entity. READ MORE >>
Thursday, November 10, 2022 Closely held entity exclusions are frequently overlooked on Attorney Malpractice Insurance Policies. Every attorney malpractice insurance policy has restrictions/exclusions for this issue. It is common for insurers to have a supplement to list the firm ‘clients’ that an attorney has an equity interest in. READ MORE >>
Tuesday, February 13, 2018The ‘Directors & Officers’ and ‘Closely Held Entity’ Exclusions are two frequently overlooked policies exclusions for Attorney Malpractice. Every attorney malpractice insurance policy has some restrictions/exclusions for this issue. READ MORE >>
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