L Squared Insurance Agency Blog Page 5
View the latest blog posts from L Squared Insurance Agency.
Tuesday, May 4, 2021Your law firm is closing. You decide to purchase an Extended Reporting Period Endorsement (ERP/Tail) to cover past acts. This endorsement is attached to your last in-force policy. Other than amending the reporting period (for a specified time from 1-year to unlimited), the endorsement does not normally amend any coverage or policy terms. READ MORE >>
Thursday, April 29, 2021Extended Reporting Period Endorsements (ERP or Tail) are truly a limited time offer. Most claims-made insurance policies give the insured the right to purchase an ERP with very specific deadlines and requirements. Except for very limited circumstances the right to purchase the ERP cannot be taken away by the insurer. READ MORE >>
Thursday, April 29, 2021If you own a business, you are likely required to carry workers compensation insurance in order to protect your employees who are injured on the job. Most injuries are physical such as sprains and breaks from falling or pulls from lifting heavy objects, etc. However, some employees may fall ill on the job. READ MORE >>
Wednesday, April 28, 2021A little discussed issue is the remaining Extended Reporting Period (ERP or Tail) aggregate policy limit. An ERP is attached to the last inforce policy. The ERP does not change the terms of the policy or reinstate policy liability limits used during policy term. A little claims-made insurance background READ MORE >>
Friday, April 23, 2021 A Brand New Service For Alta Pro RPG Member Tuesday, May 4th 12 pm CST Lunch and Learn Join us for the inaugural episode of our new live interactive series. the Alta Pro Risk Pro, Jay Reeves, is in his office to answer your questions live. READ MORE >>
Thursday, April 22, 2021 The Best Things Don't Always Come to Those Who Wait: a Strategic Approach to Interlocutory Appeals Friday May 7th 12:00 to 1:30 ET Cost: Members: Free Non-Members: $25.00+$2.28 Fee Join MDTC: $99.00+$6.03 Fee Register here Description Join Tim Diemer for a webinar on a strategic approach to interlocutory appeals! READ MORE >>
Wednesday, April 21, 2021Attorney Malpractice policies are written on a claims-made policy form. With claims-made policy forms, when the policy terminates so does the coverage and there is no coverage for claims reported after the coverage termination date. READ MORE >>
Tuesday, April 20, 2021Many years ago, a law firm’s attorney malpractice insurance was being non-renewed because of claims severity and frequency. No malpractice insurer would provide a replacement attorney malpractice Insurance policy with prior acts. This 13 member firm was looking at premiums of around $125,000 for a million dollars coverage without prior acts. READ MORE >>
Tuesday, April 20, 2021Risk Management Alert for California Estate, Probate and Trust Practitioners –Proposition 19 A recent change in California property tax law has created a possibly precarious situation for California Estate, Probate and Trust attorneys. Read on for information about Proposition 19 and its potential impact on EPT practitioners. READ MORE >>
Thursday, April 15, 2021Year after year you complete a malpractice application. It is enough to make you to scream. Attorney malpractice insurers generally want an updated application every year. But why do Business Owners, Workers Compensation and Commercial Auto insurers renew each year without an application? READ MORE >>
|
Blog Archive
2021
2020
2019
2018
2017
2016
2015
2013
2011
 |
|