Tuesday, December 27, 2022 The admitted and non- admitted insurers write the policy, accept the risk, and pay the claims. From the premiums collected and invested the insurer pools the premiums for claims and expenses associated with running an insurance company. So, what is the difference between an admitted and non-admitted insurer? READ MORE >>
Friday, December 23, 2022 Attorney malpractice insurance, also known as professional liability insurance, is a type of insurance that protects attorneys from claims of professional negligence or wrongdoing. It covers legal expenses and damages that result from a malpractice lawsuit. READ MORE >>
Thursday, December 22, 2022 Legal Malpractice Insurance premiums start at about the cost of a weekly trip to for coffee at your favorite café. So, is the cost of a weekly cup of coffee worth it? Attorneys going bare are in the mistaken belief that their close relationship with clients makes them immune to claims. READ MORE >>
Tuesday, December 20, 2022 READ MORE >>
Monday, December 19, 2022At the end of every workers' compensation policy period, insurance carriers conduct audits to ensure that paid premiums accurately reflected a business’s operations over the duration of the policy period. This is necessary, because premiums paid at the beginning of the policy period are only estimates based on projected payroll and assigned employee classification codes. READ MORE >>
Friday, December 16, 2022
It's important to have the proper coverages to make sure your firm is properly insured. But also, it's important to know if you have insurance for your entity or persons that are associated with the firm.
For most, this is a simple question but over the years we have seen some highly creative ... READ MORE >>
Thursday, December 15, 2022 Attorney malpractice policies do not have standard policy forms. It is important for the insured attorney to understand policy coverage or lack of policy coverage. No two policies are exactly alike although similar they are not the same. Good case in point is actually understanding the definitions of the policy. READ MORE >>
Wednesday, December 14, 2022 This document should not be construed as legal advice. Because the facts applicable to your situation may vary, or the laws applicable in your jurisdiction may differ, please contact your attorney or other professional advisors if you have any questions related to your legal obligations or rights, state or federal laws, contract interpretation, or other legal questions. READ MORE >>
Wednesday, December 14, 2022 Cyber and Security Coverage for Law Firms Computers, networks and electronic data are essential to how lawyers do business. Reliance on digital tools brings serious cyber risks, like hacking and data breaches. Lawyers are particularly enticing targets for cyber thieves because they maintain READ MORE >>
Tuesday, December 13, 2022 Risky Records is a video podcast that discusses risk management topics for accounting firms with special guests from the legal, accounting, and insurance professions. We close the conversation by pulling a vinyl record from Stephen Vono’s collection and discussing it briefly for a trip down musical memory lane! READ MORE >>
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