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L Squared Insurance Agency Blog

View the latest blog posts from L Squared Insurance Agency.

Have you actually read the policy and attached endorsements or just assume by the title the policy does what you think it does? This is an important question if you expect your malpractice insurer to provide coverage as you expect.  Not properly insuring yourself will cause a claim denial. READ MORE >>

Your agent tells you you’re all set with your malpractice coverage.  Nothing for you to worry about.  Non or lack of full disclosure can sink your coverage.  Insurers do have ways to eliminate your coverage if there is a lack of full disclosure. READ MORE >>

Frequently a law firm has a contract that requires a bond.  But the law firm does not want to purchase the bond since they have an attorney malpractice policy that provides similar coverage.  So the law firm is hoping that that the court will accept their insurance policy in place of purchasing a bond. READ MORE >>




With one insurer and another rumored to be dropping attorney malpractice insurance soon, it is doubling important to renew with equivalent coverage.  Also, if you have any hint of an incident or claim it is extremely important to report these to your incumbent insurer prior to changing insurers. READ MORE >>

Professional Solutions Insurance Company (PSIC) wrote their Attorney Malpractice Insurance using the program name Attorney Shield.  Carolina Casualty Insurance Company (CCIC) purchased the book of business and for renewals starting with effective dates on or after 1/1/2020, are offering renewal terms. READ MORE >>

Great News for Lawyers with Professional Solutions (PSIC)! GenStar has agreed to interpret the years that an insured has been continuously insured with PSIC as counting as being insured through our RPG for purposes of calculating benefits under our normal Rewards endorsement. READ MORE >>


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