L Squared Insurance Agency Blog Page 147
View the latest blog posts from L Squared Insurance Agency.
Wednesday, September 7, 2016Colorado Attorney agreed to aid in negotiating a judgement obtained against his in-laws. The in-laws live in Minnesota where a judgement was obtained against them for $2368.13 in favor of a condominium association. READ MORE >>
Tuesday, September 6, 2016Since it appears that spam season is getting back into full gear. Here is another message that could drain your bank accounts should you decide to get involved. This proposes to aid in committing a number of crimes if it were true, which will make it doubling hard to report the scam to the authorities. READ MORE >>
Saturday, September 3, 2016Every month or so we have a Law Firm that we insure that has hired a Suspended Attorney, one that was recently suspended or had other disciplinary actions. While it is the firm’s prerogative to hire anyone they want, they should know about the disciplinary actions prior to making an offer. READ MORE >>
Thursday, September 1, 2016Terra Foundation filed a legal malpractice action against DLA Piper over a sale. The Illinois trial court dismissed suit finding that it was barred as a matter of law by the six-year statute of repose. The appellate court affirmed the dismissal. READ MORE >>
Wednesday, August 31, 2016In the case of Westport Insurance v Mylonas, the attorney finds out true cost of not buying high enough Attorney Malpractice Liability Insurance Limits. First the Pennsylvania State court stated that coverage was limited to $500,000 in 2015. Now the US District Court of Pennsylvania has affirmed that decision on summary judgement. READ MORE >>
Tuesday, August 30, 2016Whether it is office supplies, time theft, privileged information or money, employee theft can create a significant cost for firms. According to the U.S. Chamber of Commerce approximately 75% of all employees steal from work in some way, and about 30% of all corporate bankruptcies are a direct result of employee theft. READ MORE >>
Monday, August 29, 2016It is not always in the best interests of a solo attorney to switch attorney malpractice insurance carriers if they are close to retirement. The savings of a couple of hundred dollars could cost them thousands of dollars later. See below for the attorney's inquiry and L Squared's response: READ MORE >>
Friday, August 26, 2016Two Florida men were arrested for allegedly preying on homeowners that were close to foreclosure or behind in their payments. The two men, Anton Hilton and Adam Forman recruited lawyers on Craigslist to be able to use the attorney’s bar numbers and names to add legitimacy to their illegal endeavor. READ MORE >>
Friday, August 26, 2016We work with many distressed firms to place Lawyers Professional Liability Insurance Coverage. Most of the time the firm is in the distressed or surplus lines market because of claims. Distressed firms depending how much work they are willing to put into the disclosing claims informat... READ MORE >>
Wednesday, August 24, 2016An important part of managing your attorney malpractice exposure is getting the proper Legal Management Software. The proper system software coupled with the procedures and standards being integrated into the software can go a long way in preventing a professional liability insurance claim. READ MORE >>
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