L Squared Insurance Agency Blog: qbe
View the latest blog posts from L Squared Insurance Agency.
Friday, January 26, 2024 Conflicts of Interest When Representing Bidders and Potential Buyers Legal malpractice claims continue to increase in severity. One of the most consistent areas of practice in which more and more legal malpractice claims are filed, and demands continue to skyrocket in value, is business transactions. READ MORE >>
Thursday, December 21, 2023 The reality of attorney malpractice insurance policies is paying the deductible when a claim is made against the law firm. For an additional premium Insurers may offer for 1st dollar defense which addresses claims expenses for claims with no indemnity payment made or an aggregate deductible for multiple claims brought in any one policy year. READ MORE >>
Thursday, August 24, 2023 Attorney Fees are almost universally excluded in the attorney malpractice policy damages definition. Punitive damages may or may not be excluded from malpractice coverage, but your state may not permit. Your insurer may pay defense costs and the award for damages in a covered malpractice claim. READ MORE >>
Monday, July 31, 2023 Claim time is not the time to find out the attorney has no malpractice coverage for the reported claim. Attorneys that do work for clients where the attorney is involved with client management or ownership may run afoul of attorney malpractice policy exclusions. READ MORE >>
Thursday, June 22, 2023 Attorney Malpractice Insurance Policies are claims-made and reported policies. When the coverage ends the ability to report claims for past acts ends at policy termination. Attorneys leaving private practice via retirement, becoming a judge or working in the private or public sector need to protect their past acts. READ MORE >>
Friday, May 19, 2023 More than a few attorneys forget to take advantage of Disciplinary Coverage until it is too late. Attorney Malpractice Insurance policies that offer this coverage can be ‘Duty to Defend’ or ‘Reimbursement’. The QBE disciplinary coverage is ‘Duty to Defend’. READ MORE >>
Monday, April 10, 2023 Bad things can happen to a law firm that are not malpractice. If not addressed promptly could possibly end or damage the reputation of a firm or one of its attorneys. QBE’s Crisis Event Coverage may help to address these issues. The actual coverage provided is in the Extensions of Coverage policy section. READ MORE >>
Thursday, March 26, 2020PRESS RELEASE March 26, 2020, New York, NY – QBE North America today announced it will help support healthcare workers in the fight against the COVID-19 pandemic by donating 95,000 3M standard ear loop face masks to hospitals around the country. READ MORE >>
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