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View the latest blog posts from L Squared Insurance Agency.
Thursday, April 23, 2020Professional Liability Insurance policies usually are written on a ‘claims-made’ policy form. In its purest form, an unendorsed ‘claims-made’ policy only provides coverage in the current policy term for covered acts that occurred and where the claim is made and reported during the policy term. READ MORE >>
Thursday, April 23, 2020 READ MORE >>
Tuesday, April 21, 2020When the economy declines, attorney malpractice claims rise. Following every recession when people lose money, they look for someone to blame. Mistakes in paperwork or an error in judgement is not a problem when there is no economic loss. With an economic loss, even when there is no legal malpractice, does not prevent claims from being filed. READ MORE >>
Thursday, April 16, 2020With an uptick in turnover at law firms there is a common misconception that can cause uninsured malpractice claims. Many attorneys and firms wrongly believe that the Attorney Malpractice Insurance coverage for a departing attorney continues until the end of the policy term because it is ‘paid for’. READ MORE >>
Wednesday, April 15, 2020 READ MORE >>
Tuesday, April 14, 2020 With all the discussions on the Business Owners Policy not covering COVID-19 for business interruptions, we have received a few questions concerning whether the attorney malpractice policies exclude or provide coverage for this peril. READ MORE >>
Monday, April 13, 2020 READ MORE >>
Friday, April 10, 2020Just because an attorney commits malpractice does not necessarily mean that coverage exists in the attorney malpractice policy. Generally deliberate acts are excluded one way or another. Unfortunately for the attorney’s client, it may mean that there is no indemnification even when the client was harmed. READ MORE >>
Thursday, April 9, 2020 READ MORE >>
Thursday, April 9, 2020 READ MORE >>
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