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Home > Blog > L Squared Insurance Agency Blog Page 134
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L Squared Insurance Agency Blog Page 134

View the latest blog posts from L Squared Insurance Agency.

Thursday, March 10, 2016

3rd Phishing e-mail example is from the United Nations

Always wonder if they have selected me, why do they need may name and address again? FROM THE DESK OF:REV STEVE GRANT PAY MASTER GENERAL UNITED NATION COMPENSATION COMMISSION     Attention: Beneficiary,   READ MORE >>

Thursday, March 10, 2016

4th Phishing e-mail example is from “Dearest in Christ:”

Nothing holy about this, Sister Rachel wants you to commit money laundering. Dearest in Christ.   Greetings in the name of our Family; this is the second time l am contacting you with regards to this charity work. I am Mrs. Rachel Johnson, an ageing widow suffering from longtime illness. READ MORE >>

Thursday, March 10, 2016

5th Phishing example e-mail just wants to send you money

Little disappointed as there was no story to hook you in, just pure greed.   Your International ATM MasterCard worth $1.5 Million United States Dollars with daily withdrawal limit of $5,000 USD is ready for delivery. Please, contact MISS JUDITH BOLUTIN JAMES ( james.blunt9876@gmail. READ MORE >>

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Wednesday, March 9, 2016

Why Law Firms & Accounting Firms need Data Breach/Cyber Liability Insurance -- What can you do?

What can be done about Data Breach or a Cyber Attach? Prevention is always the best medicine: 1.    Training employees on the proper methods for handling the devices, passwords and how to use the internet and cloud. 2.    Keeping current with operating systems and application software updates READ MORE >>

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Wednesday, March 9, 2016

Why Law Firms & Accounting Firms need Data Breach/Cyber Liability Insurance -- How does it happen?

How Does a Data Breach or Cyber Attack happen? Many data breaches are not very high tech:  1.    With the use of tablets, laptops, smart phones, and thumb/flash drives by much organization, simply losing or having these devices stolen can open up your entire treasure trove of protected data. READ MORE >>

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Wednesday, March 9, 2016

Why Law Firms & Accounting Firms need Data Breach/Cyber Liability Insurance -- The Problem

The Problem with Cyber Liability & Data Breach: Wouldn’t be nice to go back to the good old days where all of your firm’s information was within the four walls of your office or warehouse.  You could protect it from the outside world with locks, keys, and guard dogs. READ MORE >>

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Tuesday, March 8, 2016

Timely Notification of Insurance Carrier for Changes in Firm is Essential

All policies have provisions for timely notification.  Some state as soon as practical, others state a specific time period.    All require notification of events prior to policy expiration or renewal.  Best source is to read your policy as to timing requirements. READ MORE >>

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Sunday, March 6, 2016

Why Law & Accounting Firms need Crime Insurance

Average loss caused by employee dishonesty is $140,000 with one in 5 cases over $1 million. Background checks are of little help, most frauds are committed by 1st time offenders Firms now rely on internet many to READ MORE >>

Friday, March 4, 2016

Have proper intake procedures in place, and be sure to follow them

This tip brought to you with the permission of Attorney Protective. While intentions are usually good, procedures can be forgotten when the pace picks up at the office. Routine audits can help assure that procedures are consistently followed. Another tool that can aid consistency is an intake checklist that everyone follows. READ MORE >>

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Thursday, March 3, 2016

Claims Made vs Occurrence Insurance Policies

There is a major key difference between claims-made vs occurrence insurance policies. Most professional liability policies (including all accountant and lawyer policies sold in the United States) are ‘claims-made’ or ‘claims-made and reported’. READ MORE >>

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