L Squared Insurance Agency Blog: 10_2016
View the latest blog posts from L Squared Insurance Agency.
Monday, October 31, 2016As the law firms try to address their costs by avoiding hiring new associate attorneys many firms have turned to hiring contract attorneys either on a short or long term basis. This has advantages to the law firm by being able to take on more legal work without having to permanently increase its fixed costs. READ MORE >>
Friday, October 28, 2016Most tweens and teens are quite savvy regarding the latest apps and trendy networking sites available today. However, in today’s virtual world, more and more lawyers are getting on-line to take advantage of the seemingly effortless accessibility to the public. READ MORE >>
Friday, October 28, 2016L Squared does not charge a policy fee on any admitted insurance policy product. The only fees that it does charge are on surplus lines accounts for filing fees. Unfortunately, L Squared has to pass along the policy fees, Risk Purchasing Group (RPG) fees and Risk Retention Group (RRG) fees that many of the insurance providers that L Squared works with charge. READ MORE >>
Thursday, October 27, 2016 Google and other internet search engines made their fortunes selling keywords searches or at least getting bids for keywords to get your website shown first on the page. Now if the keyword your competitor is paying for is “estate work” for instance, not too much controversy. READ MORE >>
Thursday, October 27, 2016While is seems like our presidential candidates can state virtually anything to win the election. Attorneys representing clients are held to a higher standard. This issue was addressed by the California Standing Committee on Professional Responsibility & Conduct for a hypothetical case. READ MORE >>
Wednesday, October 26, 2016Ransomware attacks against businesses will be four times higher in 2016 than last year, with a growing number of ransom-seeking hackers demanding bitcoin rather than money, according to a report by specialty insurer Beazley. The Beazley Breach Insights report (http://bit. READ MORE >>
Wednesday, October 26, 2016We have previously posted that a good Data Breach/Cyber Liability Insurance offers 1st party and 3rd party coverage. It needs to respond to the following exposures: 1st Party Claims 1. Incident Response Services 2. Ransom demands to unlock your system. READ MORE >>
Tuesday, October 25, 2016There is often confusion as to the purpose of an insurance policy versus the purpose of a bond. Many people think that there is little to no difference and become frustrated when trying to obtain a bond over an insurance policy or the reverse because of that basic misunderstanding. READ MORE >>
Monday, October 24, 2016We are occasionally asked what would constitute a “deliberate act” under an attorney malpractice policy that would be excluded from coverage. Gaining an advantage at any means will likely lead an attorney down this path. Here are some deliberate acts in the extreme. READ MORE >>
Friday, October 21, 2016The world has changed in the past few years. All of us think nothing about tweeting or posting about what we did, what we saw, what we ate or how we feel almost as soon as it happens. Sometimes if makes us feel good to air publicly arguments or disagreements when we perceive that we were treated unfairly. READ MORE >>
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