L Squared Insurance Agency Blog Page 149
View the latest blog posts from L Squared Insurance Agency.
Monday, August 8, 2016Once you have made sure that all of the entities that should be covered are covered, you understand the insuring agreement, and the policy exclusions, there is one more important step. You now know some of the What or in the case of the policy exclusions, what not; Where; and When; but you still need the Who and the rest of the What. READ MORE >>
Friday, August 5, 2016An important and sometimes overlooked item is what are the entities that are actually insured under the Lawyer Professional Liability Insurance Policy? Generally Attorney Malpractice Insurance policies are written on behalf of the named insured firm and all of the attorneys that work for the firm are insured for the work that they do for the firm. READ MORE >>
Thursday, August 4, 2016Starting your own Law Practice can be stressful. There are a lot of important choices you have to make to get your practice up and running to become successful. One of those to minimize up front expenses until the revenue starts to flow is starting the law practice in your home. READ MORE >>
Wednesday, August 3, 2016It should come as no surprise to you that general liability is a major issue for law firms. General liability lawsuits can bankrupt a firm just as easily as a attorney malpractice claim. As with making sure that you take care of the practice of law it is just as important to protect yoursel... READ MORE >>
Tuesday, August 2, 2016All Lawyers Professional Liability Insurance Insuring agreements are not created equally. The insuring agreement also may be given another heading such as “defense and settlement” or another similar name. This plus additional coverages section(s) will tell you the attorney malpractice policy coverage intent. READ MORE >>
Monday, August 1, 2016AttPro Risk Tip of the Month Suing your client for fees often results in a counterclaim for legal malpractice. Try to resolve the issue with good communication with the client. If you need help, some bar associations offer fee dispute resolution assistance. READ MORE >>
Friday, July 29, 2016Determining how much Cyber Liability Insurance coverage you need can be difficult. The following Cyber Data Breach Calculator Link asks you to input your firm's risk factors. Once the calculator has this information, it will give you a recommended dollar amount as to your firm's exposure in dollars. READ MORE >>
Thursday, July 28, 2016Travelers Insurance has developed the following “Pressure Test” for your Cyber Risk. In addition to the test questions, it also provides many helpful hints for managing the Cyber Risk. Take the test. Either click on or cut and paste the following link into your browser to see where your firm stands: READ MORE >>
Wednesday, July 27, 2016As with any insurance policy, you first see what is covered, the next thing you need to look for is what is not covered. Attorney professional liability insurance policies are not standard, so making the assumption that every Attorney Malpractice Insurance policy is the same; as the saying goes will make an “Ass out of You”. READ MORE >>
Tuesday, July 26, 2016There are a number of things that need to be maintained if you switch professional liability insurance carriers. Some of those items are: 1. Make sure the effective date of the replacement policy matches the expiration date of your current coverage. READ MORE >>
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