L Squared Insurance Agency Blog Page 35
View the latest blog posts from L Squared Insurance Agency.
Tuesday, December 13, 2022 Accountant errors and omissions insurance provokes a love/hate relationship with Accountants. Accountants should know what Accountant errors and omissions insurance coverage they have, when it covers them and when it does not. While getting it as cheaply as possible it is even more important to get the proper coverage. READ MORE >>
Tuesday, December 13, 2022 Attorney malpractice insurance provokes a love/hate relationship with attorneys. Attorneys should know what attorney malpractice insurance coverage they have, when it covers them and when it does not. While getting it as cheaply as possible it is even more important to get the proper coverage. READ MORE >>
Monday, December 5, 2022 Engagement Letters are critical to defending a claim against an accounting firm. Many times a well-written engagement letter stops a claim in its tracks. Plaintiff attorneys may not take action against an accounting firm because the clauses in the engagement letter are strong. READ MORE >>
Thursday, December 1, 2022 Suspended and/or disbarred attorneys look for malpractice coverage because of cancelled or non-renewed policies. So, it begs the question can a suspended attorney obtain an attorney malpractice insurance policy? Expect a suspension exclusion from insurers. READ MORE >>
Wednesday, November 30, 2022 Do not expect insurance policies to cover deliberate acts. To that end a common attorney malpractice insurance policy exclusion is for notarizing documents without getting properly verification of the person’s identity. Expect a claims denial for firms that fraudulently notarize documents. READ MORE >>
Tuesday, November 29, 2022 Attorney malpractice insurance policies cover lawyer professional services. Attorney malpractice insurance policies exclude coverage for attorney provided services requiring a separate license. The ProAssurance policy has an exclusion for these services: READ MORE >>
Monday, November 28, 2022 “Do you send or receive payments electronically?” Cybercriminals are increasingly intercepting electronic fund transfers, often by hacking into email accounts, pretending to be someone else, and sending fraudulent instructions. READ MORE >>
Tuesday, November 22, 2022 Attorney malpractice insurance policies are meant to insure the attorney’s practice of law. Insurers do not consider giving clients investment advice practicing law. Not all insurers have this exclusion. But if the attorney is giving investment advice there should be a careful reading of the policy. READ MORE >>
Tuesday, November 22, 2022 Primerus Labor & Employment Seminar Wednesday, December 7, 2022 10:00 AM PT/11:00 AM MT/12:00 PM CT/1:00 PM ET Join the Primerus Labor and Employment group for a panel presentation covering updated legislation regarding "Avoiding Pay Equity Traps". We hope to see you there! READ MORE >>
Monday, November 21, 2022
Wire transfer scams intended to divert and fraudulently acquire client funds associated with business deals, real property transactions, and settlements are becoming more and more sophisticated.
In this monthly tip, we break down North Carolina State Bar 2020 Formal Ethics Opinion 2 (the &ldqu... READ MORE >>
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