L Squared Insurance Agency Blog Page 104
View the latest blog posts from L Squared Insurance Agency.
Friday, April 6, 2018As an accountant and auditor through the years of working with attorneys and seeing some of the claims reported because of lack of controls I have always been amazed. More than one attorney has decided that they only want to ‘practice law’ and leave the ‘business side of the law’ to lessors. READ MORE >>
Thursday, April 5, 2018On June 8, 2017, we blogged about a US District Court case, Gonakis v Medmarc Casualty Insurance Company. In this case the District Court granted a summary judgement for Medmarc Casualty stating that because of ‘prior knowledge’ of the claim and not disclosing this claim to Medm... READ MORE >>
Wednesday, April 4, 2018Moving a law practice can open up an exciting new chapter. But make sure to add insurance to your moving checklist. As with the practice of law, property and casualty insurance is regulated by each state. Insurers and insurance policies by state can differ. READ MORE >>
Tuesday, April 3, 2018Attorney Malpractice Insurers cap their exposure to losses through a variety of means. One is by limiting the limits an insurer will post for a single law firm. All attorney malpractice Insurers carry reinsurance helping to limit their exposure to “shock” losses. READ MORE >>
Monday, April 2, 2018 According to USA Today, New York Suffolk County District Judge is accused of repeatedly breaking into his neighbors house and stealing the 23-year-old daughters underwear out of the clothes hamster. READ MORE >>
Friday, March 30, 2018In a previous blog, Attorney Malpractice—Substance Abuse the Practice of Law’s Dirty Little Secret', we detailed attorney’s struggles with substance abuse. The ABA just documented another attorney whose practice of law has been cut short by his drinking. READ MORE >>
Friday, March 30, 2018 L Squared will be closing at noon today, for staff to spend time with their families. Many companies have Good Friday traditions. Some are hard to explain in present day. A Wisconsin insurer that I was an officer at in the 80’s and 90’s had an interesting tradition. READ MORE >>
Thursday, March 29, 2018In Wesco Insurance Co v Layton, Texas attorney Ledford E White took out an attorney malpractice insurance policy with Wesco for the policy term of March 14, 2014 to March 14, 2015. White had maintained malpractice insurance coverage since 1997 through various malpractice insurers. READ MORE >>
Thursday, March 29, 2018 READ MORE >>
Wednesday, March 28, 2018 Law firm has a client(s) with business in many states, but their insurance carrier is only licensed in one of those states. We have actually helped law firms having 3 different policies in 3 different states. This is a particular problem that many Attorney Malpractice Mutual Insurers have. READ MORE >>
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