L Squared Insurance Agency Blog: legal liability
View the latest blog posts from L Squared Insurance Agency.
Wednesday, August 24, 2016An important part of managing your attorney malpractice exposure is getting the proper Legal Management Software. The proper system software coupled with the procedures and standards being integrated into the software can go a long way in preventing a professional liability insurance claim. READ MORE >>
Friday, August 19, 2016With non E&O commercial insurance it is normal practice for Insurance carriers to require loss runs to provide a quotation. Insurance carrier loss runs are a report produced by an insurance carrier that provides information on all claims that have been reported to an insurance carrier during the time that the insurance carrier provided insurance coverage. READ MORE >>
Thursday, August 18, 2016Choosing lawyers professional liability insurance is one of the most important decisions you can make for your firm. The following are some helpful tips: 1. Evaluate the whole program Keep in mind the carrier is a very important piece, but not the only piece. You need to evaluate the entire program. READ MORE >>
Wednesday, August 17, 2016Many Law Firms and other small organizations are concerned about outside threats of theft. The outside thefts are well publicized by the media. But there is a dirty little secret that small entities ignore. People are surprised to learn the number one cause of theft for most small organizations is their own employees. READ MORE >>
Tuesday, August 16, 2016Travelers Insurance wrote the general Liability insurance policy (CGL) and Chubb wrote the Cyber coverage for PF Chang. Chang had a data breach where 60,000 credit card numbers were stolen. It promptly filed claims with Travelers & Chubb for coverage. READ MORE >>
Monday, August 15, 20161. Are you responsible for the Building you are in? Own the Building Rent the Building ___ Condo ownership ___ Office in residence 2. Are you responsible for the Permanent Attachments to the building, Fixtures, and READ MORE >>
Friday, August 12, 2016POSTED AUG 11, 2016 03:12 PM CDT BY DEBRA CASSENS WEISS A South Carolina ethics opinion on fee-sharing highlights a potential obstacle for Avvo’s fixed-fee legal referral service, launched this year in 18 states. READ MORE >>
Thursday, August 11, 2016Approximately twenty-five percent of legal malpractice claims result from calendaring issues, such as failure to know a deadline, failure to timely file, failure to record in a calendar or failure to respond to a calendar reminder. A law firm should use calendaring for all projects, events and deadlines. READ MORE >>
Wednesday, August 10, 2016You would never think to let your law firm go without attorney malpractice insurance. Workers Compensation insurance is required by law for your employees. A Business Owners Policy is there to protect your property and general liability exposures. But for certain special events, there may be no coverage. READ MORE >>
Tuesday, August 9, 2016Attorneys love to publicize success stories. Posting about recent victories can valuable marketing tool to generate new clients. With an attorney a success story can often disclose details regarding clients, which could raise client confidentiality concerns. READ MORE >>
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