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L Squared Insurance Agency Blog

View the latest blog posts from L Squared Insurance Agency.

Unlike 10 to 20 years ago attorney malpractice claims are now a part of life.  Today it is a cost of doing business.   Being a defendant in a legal malpractice claim is no fun.  In addition to the potential cost of an adverse judgement, there is the stress and expense of being away from practicing law to defend yourself. READ MORE >>



The conundrum some attorneys face is that after they retire, they really did not want to fully retire.  An old client or a new client comes along and wants the attorney to do some part-time legal work.  While a free non-practicing Extended Reporting Period Endorsement (ERP)Tail is a valuable endorsement, it can be made worthless. READ MORE >>

Have blogged about this before.  Attorney’s close to retirement having qualified for a free non-practicing ERP are shopping their malpractice insurance.  Saving a couple hundred dollars today could cost thousands tomorrow. READ MORE >>


Accountants Errors & Omissions and Attorney Malpractice insurance policies may have a Firm Prior Acts Date, an Individual Prior Acts Date, a Career Coverage Prior Acts Date and/or Predecessor Firm Prior Acts Date. Each can be used to address specific coverage needs: 1. READ MORE >>

We are pleased to announce that five our agents attained The AIMS Society's Certified Professional Insurance Agent (CPIA) Designation. READ MORE >>

What do you mean that Full Prior Acts might not mean Full Prior Acts.  Legal Malpractice Insurance policies are similar but there is no common meaning to the terms.  Full Prior Acts is a term that is often misunderstood and changes from insurer to insure as to its meaning. READ MORE >>

Ginger Johnson & Michael J Weber, February 13th at 1 pm Eastern Time (1 CPE) Fraudulent wire transfers scams continue to plaque accounting firms nationwide. The FBI reports that fraudulent wire transfers have doubled since 2016. READ MORE >>

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