L Squared Insurance Agency Blog Page 152
View the latest blog posts from L Squared Insurance Agency.
Wednesday, July 24, 2013One of the most difficult concepts for purchasers of professional liability insurance to grasp is the meaning of “prior acts coverage” and “claims-made policies." As the case of Christ Academy v. READ MORE >>
Wednesday, July 17, 2013Law firms need to reapply for legal malpractice insurance every year. And on every application, whether it be for new business or a renewal policy, the law firm must answer questions about its client billings. Typical questions are: •How many times have you sued a client for fees in the past 5 years? READ MORE >>
Wednesday, July 10, 2013Most defense attorneys enjoy relatively lower premiums for malpractice insurance. That’s because they are not as often the targets of lawsuits as their colleagues who represent plaintiffs. Lawsuits against plaintiffs’ attorneys are usually the result of a missed statute of limitations. READ MORE >>
Wednesday, July 3, 2013Last week we discussed the case of Christ Academy v. Hermes Sargent Bates and learned the many risks of having an underinsured client. (You can read the post here if you missed it.) Many employers think they are not at risk of a discrimination lawsuit because their employees “would never do that. READ MORE >>
Tuesday, June 25, 2013
Defense attorneys who successfully defended a private school against sex discrimination claims are now defending themselves against a malpractice claim filed by their former client. The Christ Academy claims its attorneys were “negligent and deceptive in defending the scho... READ MORE >>
Friday, October 28, 2011Myth #1: Since most NC lawyers buy their malpractice insurance from the same company, that company must have the best price. The truth is that many North Carolina lawyers are paying substantially higher premiums than competitors’ rates for a policy that provides substantially less coverage. READ MORE >>
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