L Squared Insurance Agency Blog Page 56
View the latest blog posts from L Squared Insurance Agency.
Tuesday, April 20, 2021Many years ago, a law firm’s attorney malpractice insurance was being non-renewed because of claims severity and frequency. No malpractice insurer would provide a replacement attorney malpractice Insurance policy with prior acts. This 13 member firm was looking at premiums of around $125,000 for a million dollars coverage without prior acts. READ MORE >>
Tuesday, April 20, 2021Risk Management Alert for California Estate, Probate and Trust Practitioners –Proposition 19 A recent change in California property tax law has created a possibly precarious situation for California Estate, Probate and Trust attorneys. Read on for information about Proposition 19 and its potential impact on EPT practitioners. READ MORE >>
Thursday, April 15, 2021Year after year you complete a malpractice application. It is enough to make you to scream. Attorney malpractice insurers generally want an updated application every year. But why do Business Owners, Workers Compensation and Commercial Auto insurers renew each year without an application? READ MORE >>
Tuesday, April 13, 2021 READ MORE >>
Friday, April 9, 2021Attorney Malpractice Extended Reporting Period (ERP or Tail) Endorsements are expensive. This is a tale of a firm that went to great lengths to figure out a way to avoid buying an ERP. Unfortunately, a bad creative solution can be costly. The following money saving idea for an alternative ERP is not recommended. READ MORE >>
Wednesday, April 7, 2021 READ MORE >>
Thursday, April 1, 2021I was meeting with a medium sized insurance defense law firm partners a few years ago and trying to understand why they were paying what seemed like about 3 times what their attorney malpractice premium should be. According to the area of practice grid (AOP) the firm did 100% insurance defense. READ MORE >>
Tuesday, March 23, 2021 Attorney Protective L Squared Insurance Agency LLC www.attorneyprotective.com www.L2Insuranceagency.com READ MORE >>
Tuesday, March 23, 2021 ADR/Remote Mediation Friday, April 2, 2021 12:00 p.m. - 1:30 p.m. Speakers: Mark Morley Gregory Hoelscher READ MORE >>
Monday, March 22, 2021 This can happen with either the incumbent malpractice insurer’s renewal application or a new business application with a different insurer. Claims Prior Knowledge is a leading cause for malpractice claims denials. Remember whether intentional or by accident, misinformation on a malpractice application will be used against you. READ MORE >>
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