L Squared Insurance Agency Blog Page 7
View the latest blog posts from L Squared Insurance Agency.
Monday, August 29, 2022Now Licensed in all 50 States and the District of Columbia READ MORE >>
Thursday, August 25, 2022 Hiring a suspended attorney impacts the firm’s attorney malpractice insurance. While it is the firm’s prerogative to hire who they want, it can cause a firm to lose coverage. Some Examples: 1. Law Firm hired an attorney that was currently suspended from the practice of law. READ MORE >>
Wednesday, August 24, 2022
Big Cyber Risk Could Be in Your Inboxes
Over the last five years, Business Email Compromise (BEC) has led to $43 billion of actual and exposed loss, in all 50 states and in 177 countries.
Increasingly sophisticated cyber criminals gain access to businesses’ email accounts and then use t... READ MORE >>
Tuesday, August 23, 2022 SEPTEMBER 20 @ 1 PM REGISTER HERE SESSION 8: Keys to Documentation and Record Retention for Accounting Professionals (1 CPE) Presenter: Joseph H. Jones, Jr., Esq. - Director of Risk Management | Professional Liability -- Travelers; and Julie Lindstrom, Esq. - Claim Counsel | Travelers READ MORE >>
Monday, August 22, 2022 SEPTEMBER 6 @ 1 PM REGISTER HERE SESSION 7: Mitigating Fraud Claims (1 CPE) Presenter: John Raspante and Stephen Vono Delivery Method: Group Internet Based | Field of Study: Business Management & Organization In this 50-minute presentation, John and Stephen will discuss an ongoing source of claims that continually occur. READ MORE >>
Monday, August 22, 2022 Insurance carrier loss runs show all claims that have been reported to an insurer during the time that the insurer provided insurance coverage. The loss runs not only include actual malpractice claims paid but reported incidents that may never turn into a claim and/or disciplinary proceedings. READ MORE >>
Thursday, August 18, 2022 Claims-made prior acts coverage is a misunderstood malpractice insurance concept. This misunderstanding costs professionals millions of dollars in lost coverage every year. The two basic property and casualty insurance forms are the ‘occurrence’ policy form and the ’claims-made’ policy form. READ MORE >>
Wednesday, August 17, 2022 With people working remotely data breach and intrusion protection are more important then ever. Data Breach and Ransomware Attack frequency has never been higher. Cyber Insurers are experiencing exponential increases in claim frequency and severity. Insurers are reporting triple digit increases in Ransomware Claims. READ MORE >>
Monday, August 15, 2022If you work in data insurance, you know that this is a fluid environment. The world of cybersecurity is constantly changing. As technology changes, the threats to cybersecurity also change. Each day, a new cyber threat emerges. The cybersecurity industry always has to adapt to the risk of new cybersecurity threats. READ MORE >>
Friday, August 12, 2022 With Crum & Forster (C&F) dropping its small firm Lawyer s Professional Liability Insurance what happens to the “Free” Retirement Tail? 1. If C&F has issued the non-practicing extended reporting period endorsement (ERP) attached to your policy, then you have nothing to worry about. READ MORE >>