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L Squared Insurance Agency Blog

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Cyber Threats by the Numbers from Travelers Insurance 1.       Cyber Remains the #2 risk concern among businesses overall 2.       1 in 5 businesses have suffered a data breach or cyber-attack, double the number in 2015 3. READ MORE >>

Law Firms, Accounting Firms and Title Agencies know that they need professional liability insurance for their malpractice or errors and omissions coverage.  But many firms neglect the business side of their practice.  BOP stands for Business Owners Policy is sometimes also referred to as Business Insurance. READ MORE >>

There are frequent stories about employees embezzling funds from their employers.  Government entities, businesses, and non-profits have all been victims.  What many attorneys do not realize is that law firms are frequent victims of embezzlement.  Both large and small law firms have been victims of embezzlement. READ MORE >>

This is a starting point for law or accounting firms that are purchasing malpractice insurance for the 1st time, evaluating current coverage, or contemplating switching malpractice insurers.  If you are new to malpractice Insurance the 1st surprise is there no standard policy form. READ MORE >>

Ransomware encrypts computer files and is used by hackers who then demand money in exchange for freeing the content.  It is becoming a huge problem globally.  The costs of unlocking data varies; with individuals typically paying a few hundred dollars to thousands of dollars for businesses. READ MORE >>

Whether due to natural disaster, fire, or another unforeseen event, businesses sometimes must suspend their operations temporarily—for days, weeks or possibly even months. A temporary closure of even a few days can be devastating to a business’s viability, especially if the business doesn’t have a plan for how to deal with it. READ MORE >>

Disaster Recover—Are You Prepared? A bad wind can blow through your law firm or accounting firm at any time.  Daily people and regions around the world are devastated by unforeseen unpredictable events – natural disasters, fires, storms, floods, hurricanes and earthquakes, along with man-made disasters of cyber attached, terror attacks and/or power outages. READ MORE >>

The exposure to law firms threatening their very existence from Cyber Crime has never been greater.   A recent article by CNN detailed that North Korea hackers tried to seal over $1 Billion.  And they are not the only state actor. READ MORE >>


From 2018 Fall Newsletter of AttPro Ally www.attorneyprotective.com/   Scammers are increasingly targeting lawyers by sending forged emails to law firms, their clients and/ or to financial institutions, instructing that funds be wired to accounts controlled by the scammers. READ MORE >>

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