Thursday, March 23, 2023 When it comes to law firm cybersecurity, “trust, but verify” is a good approach. But a “zero trust” mindset is even better. The term “zero trust” – also called zero trust architecture, zero trust network access, or perimeter less security – has been bouncing around the IT world since the 1990s. READ MORE >>
Wednesday, March 22, 2023 Attorneys that are not law firm staff or members may share common office space. But those attorneys should not have an expectation of using the law firm’s insurance coverage. The Hanover policy defines the Named Insured as: Named Insured means the sole proprietor, entity, partnership, or corporation designated on the Declarations page. READ MORE >>
Tuesday, March 21, 2023 Accounting Firm Mergers: Your Path to Success Two of the main solutions companies turn to when struggling to survive in today’s volatile business climate are sales and merges. In a sale, one company purchases outright any tangible or intangible assets of the company looking to sell. READ MORE >>
Tuesday, March 21, 2023 Certain insurers include additional beneficial coverages. ProAssurance adds on in states where permitted a Cyber Risk Endorsement. The base cyber endorsement adds $25,000 in coverage for certain cyber events. Given the increased frequency of data breaches and cyber-attacks cyber insurance is an essential coverage. READ MORE >>
Monday, March 20, 2023 Join us for a 30-minute conversation with Berkley Select's Chief Claims Officer, Jeff Yao, and Legal Malpractice Attorney, Matt Henderson of Hinshaw & Culbertson LLP. Al Roberts, V.P. of Professional Liability Underwriting, will moderate the discussion. READ MORE >>
Friday, March 17, 2023 As a nationwide independent agency L Squared Insurance LLC offers attorney malpractice programs from over 50 insurers. In one of those programs L Squared Insurance Agency LLC has partnered with Aon Attorneys Advantage. L Squared Insurance Agency has been and will continue to be an agency for insuring small law firms (1-4 attorneys). READ MORE >>
Thursday, March 16, 2023 Certain insurers offer deductible reductions when resolving a claim in arbitration or medication. Given the appropriate circumstances it can be a significant savings for the insured at claims time. For example, the current Wesco policy has a provision for reducing the deductible for mediation or arbitration by up to 50%: READ MORE >>
Tuesday, March 14, 2023 The never ending deadlines and client demands, along with the overall pressure associated with the profession, can unfortunately lead to addiction and substance abuse for many lawyers. Thankfully, there are many resources for those that may be struggling. READ MORE >>
Tuesday, March 14, 2023 Buried in the policy language for certain insurers are additional coverages that not all admitted attorney malpractice insurers provide. The AIG policy is one of those policies. Found in the Special Benefit Policy Section are additional coverages for Claims Expenses: 1. Claim Expenses. READ MORE >>
Monday, March 13, 2023 When considering needed liability limits often overlooked are claims expenses. This could leave an insured dramatically underinsured. Given the right set of circumstances, claims expenses can easily exceed $100,000. So, what are claims expenses? The current AIG policy defines claims expenses as: READ MORE >>
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