L Squared Insurance Agency Blog: legal liability
View the latest blog posts from L Squared Insurance Agency.
Monday, August 8, 2016Once you have made sure that all of the entities that should be covered are covered, you understand the insuring agreement, and the policy exclusions, there is one more important step. You now know some of the What or in the case of the policy exclusions, what not; Where; and When; but you still need the Who and the rest of the What. READ MORE >>
Tuesday, August 2, 2016All Lawyers Professional Liability Insurance Insuring agreements are not created equally. The insuring agreement also may be given another heading such as “defense and settlement” or another similar name. This plus additional coverages section(s) will tell you the attorney malpractice policy coverage intent. READ MORE >>
Thursday, July 28, 2016Travelers Insurance has developed the following “Pressure Test” for your Cyber Risk. In addition to the test questions, it also provides many helpful hints for managing the Cyber Risk. Take the test. Either click on or cut and paste the following link into your browser to see where your firm stands: READ MORE >>
Wednesday, July 27, 2016As with any insurance policy, you first see what is covered, the next thing you need to look for is what is not covered. Attorney professional liability insurance policies are not standard, so making the assumption that every Attorney Malpractice Insurance policy is the same; as the saying goes will make an “Ass out of You”. READ MORE >>
Tuesday, July 26, 2016There are a number of things that need to be maintained if you switch professional liability insurance carriers. Some of those items are: 1. Make sure the effective date of the replacement policy matches the expiration date of your current coverage. READ MORE >>
Monday, July 25, 2016Policy premium and the policy forms are very important when selecting a Professional Liability Insurance policy. But there is much more that an Attorney or Accountant should be concerned about when selecting a malpractice insurance carrier. A few of the items that you need to consider are: 1. READ MORE >>
Thursday, July 21, 2016Attorney Malpractice Insurance is not like homeowners, auto, or business insurance. You need an agent that is trained and experienced in Attorney Malpractice Insurance. Here are a few of the reasons: 1. Most of the Malpractice Insurance carriers are not companies that many people know. READ MORE >>
Wednesday, July 20, 2016Many law firms and accounting firms know that they need professional liability insurance to protect them for malpractice. But many firms neglect the business side of their practice. BOP stands for Business Owners Policy. It is a prepackaged policy specifically designed to meet the needs of small to medium sized businesses. READ MORE >>
Tuesday, July 19, 2016Crime Insurance is a property coverage, not a liability coverage. Lawyers Professional Liability Insurance is intended to coverage attorney malpractice liability claims. Don’t expect that a theft of funds will trigger a malpractice claim. READ MORE >>
Monday, July 18, 2016This is not an all-inclusive list. It is a start for a law firm or accounting firm that is purchasing malpractice insurance for the 1st time, evaluating current coverage, or contemplating switching Professional Liability Insurance Carriers. READ MORE >>
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