L Squared Insurance Agency Blog: 5_2016
View the latest blog posts from L Squared Insurance Agency.
Tuesday, May 3, 2016It is not a good idea to pick up an attorney’s past acts exposure for Lawyers Malpractice Insurance for a number of reasons: 1. It immediately will increase the firm’s Lawyers Professional Liability Insurance premium. READ MORE >>
Monday, May 2, 2016 The purpose of a Risk Purchasing Group (RPG) is to allow like risks to be able to purchase liability insurance on a group basis. In 1981 Congress enacted the Products Liability Risk Retention Act that allowed the formation of groups to be formed to purchase liability insurance on a group basis. READ MORE >>
Monday, May 2, 2016 Avoid fee disputes by explaining the fee arrangement in great detail during the first meeting. Confirm this understanding in writing and have the client agree by signing the agreement. When billing the client, ensure there is enough detail in the bill to allow the client to understand everything you are doing on their behalf. READ MORE >>
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