L Squared Insurance Agency Blog Page 136
View the latest blog posts from L Squared Insurance Agency.
Thursday, December 22, 2016This scam was done the old fashion way and brought in over $1.66 Million. Artashes Darbinyan and Orbel Hakobyan admitted to running a mass mailing scam through companies called Trademark Compliance Center(TCC) and Trademark Compliance Office (TCO). According to the Justice Department Website Link: READ MORE >>
Wednesday, December 21, 2016Background: This firm had 6 attorneys at the beginning of the policy year and is going to dissolve on December 31, 2017. The firm is planning on purchasing a 1 year Extended Reporting Period Endorsement (ERP) for the firm. Their current carrier Medmarc Casualty’s policy allows the purchase of individual attorney and firm ERP’s. READ MORE >>
Tuesday, December 20, 2016We have covered this in the past, but the question continues to come up. A case in Alaska, ALPS v Ingaldson Fitzgerald PC, is another example of the courts refusing to force an insurance carrier to cover attorney’s fees. Awarded attorney’s fees normally are not covered under a Lawyers Professional Liability Insurance policy. READ MORE >>
Monday, December 19, 2016According to NBC News and The Wall Street Journal, a Minnesota Federal grand jury indicted lawyers Paul Hansmeier and John Steele of trying to extort money from victims who uploaded X-rated files to file-sharing sites Basically the shakedown stared by getting the internet addresses of the people that downloaded the X-rated movies. READ MORE >>
Friday, December 16, 2016The declarations page outlines the key elements of your malpractice insurance coverage (LPL). Even though there is no standard LPL policy at a bare minimum checking the items listed below is essential. If you read nothing else, read your declarations page. Key items to review are: 1. READ MORE >>
Thursday, December 15, 2016According to one ABA report 23% of law firms didn’t know if they had a data breach. This is a troubling statistic in that another ABA report stated that around 15% of all law firms have had a data breach. Today it is not so much “if” your law firm will have a data breach, but “when. READ MORE >>
Wednesday, December 14, 2016This has been touched on a number of times. Too often, professionals post something on social media that ends up adversely impacting their professional lives. During the holiday season, with extra time on your hands and liquid courage helping you getting the words flowing could get you in trouble. READ MORE >>
Tuesday, December 13, 2016While the highly published hacks on the DNC (Democratic National Committee) and more recently coming to light of the hacks of the RNC (Republication National Committee) by the Russians. It appears that the Chinese have also been busy with gathering information on commerce. READ MORE >>
Monday, December 12, 2016New York Attorney General Eric Schneiderman has issued an alert of New York attorneys being targeted by hackers pretending to be from the New York Attorney General’s Office. There is a hyperlink in the e-mail that installs malicious software once it is clicked. READ MORE >>
Friday, December 9, 2016Insurance policies can lapse either through administrative issues or lack of funds. Letting coverage lapse is never a good thing. Whether it is Business Auto, Business Owners Coverage, Professional Liability Insurance or Workers Compensation letting your insurance coverage lapse can be costly. READ MORE >>
|
Blog Archive
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2013
2011
|
|