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L Squared Insurance Agency Blog

View the latest blog posts from L Squared Insurance Agency.

About 2 years ago we blogged about the data breach of the now defunct Panama Law Firm Mossack Forseca.  If you remember over 11.5 million stolen client documents were leaked to the press over a period of months  These leaked client files were dubbed the Panama Papers. READ MORE >>

As the New Year approaches this seems to the time of year that attorneys getting close to retiring start thinking about hanging up their shingles. Generally their income starts to drop and they start looking for ways to save money.  One of the quickest ways appears to be shopping the attorney malpractice insurance in hopes of getting a cheaper rate. READ MORE >>

We work with many distressed firms in placing Legal Malpractice Insurance.  Most firms are in the distressed or surplus lines market because of claims.  Distressed firms depending on how they disclose the claims information can end up paying dramatically different premiums for basically the same claim. READ MORE >>

An important part of managing your attorney malpractice exposures 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 >>

Running a firm can be stressful.  There are never enough hours in the day.  But did not know that lack of sleep can Kill You?  In addition it can lead to bad judgement and mistakes in judgement, which can lead to malpractice claims. The following is an article from The Hartford concerning what lack of sleep can do to you. READ MORE >>

With normal (non E&O) commercial insurance it is common practice for Insurers to require loss runs to provide a quotation.  Insurance carrier loss runs are a report produced by an insurer that provides information on all claims that have been reported to an insurer during the time that the insurer provided insurance coverage. READ MORE >>

Danger Zones: Preventing Legal Malpractice in Everyday Practice December 12, 2018 Most lawyers understand the importance of their reputation and avidly work to build and maintain a good one. So, it can be unsettling when a lawyer's work product or reputation is called into question. READ MORE >>

Choosing legal malpractice insurance is one of the most important decisions you can make for your law firm. The following are some helpful tips:   1.   Evaluate the whole program Keep in mind the insurer is a very important piece, but not the only piece. You need to evaluate the entire program. READ MORE >>

Are You Covered for Employee Theft? Law Firms, Accounting Firms, Title Agencies and other small organizations spend a large amount of resources to combat the theft of funds from cyber criminals and other con artists.  These outside thefts are well publicized by the media. READ MORE >>

          A PROCLAMATION Whereas it is the duty of all Nations to acknowledge the providence of almighty God, to obey his will, to be grateful for his benefits, and humbly to implore his protection and favor  and Whereas both Houses of Congress have by their ... READ MORE >>

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