L Squared Insurance Agency Blog Page 11
View the latest blog posts from L Squared Insurance Agency.
Thursday, May 30, 2019Published: February 13, 2017 Updated: May 24, 2019 9 Signs Your Small Business is About to Get Hacked Gene Marks · Data Breach · Gene Marks You can never really tell if your small business is going to be hacked. READ MORE >>
Wednesday, May 29, 2019 Whether a Law or Accounting firm rents, owns a building or works out of their house; a Business Owners Policy (BOP) is essential insurance coverage. While most firms understand how important malpractice insurance is. Professional liability insurance only covers the errors and omissions. READ MORE >>
Friday, May 24, 2019While Memorial Day for many marks the unofficial beginning of summer for many, let’s not forget those who this day is for. On Memorial Day 2019, we honor our fallen who have given the ultimate sacrifice in service to protect our country. READ MORE >>
Wednesday, May 22, 2019 READ MORE >>
Tuesday, May 21, 2019The confusion in the proper use of an insurance policy versus a bond often leads to the request for the wrong coverage product. Many people think that there is little to no difference and become frustrated when trying to obtain a bond over an insurance policy or the reverse because of a basic misunderstanding. READ MORE >>
Friday, May 17, 2019Avoid flying into a mountain. One of the more preventable attorney malpractice claims is a statute of limitations claim. Initial steps at client intake can help avoid or minimize your risk of being sued. First determine if the firm is bumping up against statutes of limitation issues. READ MORE >>
Wednesday, May 15, 2019 If you receive a subpoena for information or to testify take a deep breath and then notify your malpractice insurer. Even though this is a benefit in many policies it is a 2-edge sword. Responding to the subpoena without notifying your insurer could down the road lead to a malpractice claim’s denial for prior knowledge. READ MORE >>
Tuesday, May 14, 2019Many law firms do not answer this attorney malpractice application question correctly. Basically, the insurer wants to know what you did last year. Emphasis on the ‘last’ year. READ MORE >>
Friday, May 10, 2019Tracy Norcross and Ashley Slot at the 2019 Michigan Access to Justice Annual Conference representing L Squared Insurance Agency. READ MORE >>
Friday, May 3, 2019Occasionally we get a client that attempts to bind the insurer to a contract that the insured firm has signed in hopes that the insurer will be bound to that contract. This is where the Contractual Liability Concept comes into play. Basically, an insured cannot bind an insurer to the terms of a 3rd party contract. READ MORE >>
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