L Squared Insurance Agency Blog: professional liability
View the latest blog posts from L Squared Insurance Agency.
Friday, December 8, 2017According to the Miami Herald and the Florida Record, Erwin Rosenberg’s troubles started in 2006 when Rosenberg would not produce client documents in a lawsuit. Circuit Court Judge Gerber ruled that Rosenberg had acted in bad faith and awarded attorney’s fees. READ MORE >>
Thursday, December 7, 2017 An attorney malpractice or lawyers professional liability insurance policy may have a Law ‘Firm’ Prior Acts Date, an ‘Individual’ Prior Acts Date, a ‘Career Coverage’ Prior Acts Date and/or ‘Predecessor ‘ Firm Prior Acts Date. READ MORE >>
Tuesday, December 5, 2017 Eric Conn, aka Mr. Social Security, was captured while coming out of a restaurant in a Honduras shopping center by a Honduran SWAT team. He is scheduled to be returned to the US on December 5. Eric Conn was nicknamed Mr. Social Security because he handled over 3100 social security disability cases with a federal judge and doctor on his payroll. READ MORE >>
Thursday, November 30, 2017The attorney was with a high risk insurance carrier letting his coverage lapse in 2016. He wrongly assumed that it would not be a big deal to get his prior acts back after more than a year and ½.. He had been paying around $7,000 annually to cover his past acts. READ MORE >>
Wednesday, November 29, 2017The ABA Journal recently reported in Holtzman vs Turza, that Illinois CPA Ira Holtzman brought a class action suit against Illinois attorney Gregory P Turza for violating the Federal Telephone Consumer Protection Act (FTCPA) almost a decade ago. 8,430 unsolicited faxes were sent to accountants without an ‘opt-out’ provision. READ MORE >>
Wednesday, November 15, 2017 Normally when someone sues naming every business or government agency with a relationship to a property owner the case gets kicked as a nuisance case. But the rules change when the landowner being sued is a Colorado marijuana grower by the adjacent land owner in Federal Court under the RICO Act (Racketeer Influenced and Corrupt Organizations Act. READ MORE >>
Monday, November 13, 2017A law firm decided to notify everyone that it was moving by e-mail. Normally this is an everyday occurrence, unless the sender decides to create a distribution list with a few hundred of its closes friends putting the distribution list in the ‘cc’ e-mail address line and not the ‘bbc’ e-mail address line. READ MORE >>
Friday, November 10, 2017For those of you looking for another legal specialty, why not space law. Just think you could be working for Elon Musk or Richard Branson to name a few in a galaxy far far away. So when the Russian satellite collides with Chinese space junk, you may be able to represent one of the parties in space court in the final frontier. READ MORE >>
Wednesday, November 8, 2017Many law firms hold attorneys that leave the firm responsible for the attorney malpractice claims deductible should a claim be made against the firm for work that the attorney did while at that law firm. In most cases smaller law firms carry deductibles of $10,000 or less so although this c... READ MORE >>
Tuesday, November 7, 2017According the Illinois ARDC in 2016 of the 13,500 solo attorneys practicing law 41% of them did not carry attorney malpractice Insurance. Except for a handful of states attorney malpractice insurance is not required. So as shocking as the ARDC Illinois number is to the general public, this is not a surprising number. READ MORE >>
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