L Squared Insurance Agency Blog Page 8
View the latest blog posts from L Squared Insurance Agency.
Wednesday, March 11, 2020 READ MORE >>
Tuesday, March 10, 2020Many businessowners policies have exclusions for viruses or it will not be a covered loss. This is a concern for business interruption insurance. But in reading many professional liability policies there is no exclusion for viruses, pandemics, or plagues for attorney malpractice insurance, accountant errors & omissions or title agency errors & omissions. READ MORE >>
Thursday, March 5, 2020 READ MORE >>
Wednesday, March 4, 2020 READ MORE >>
Thursday, February 27, 2020Yesterday we blogged about making sure that you have adequate limits. Attorneys forget that if their policy is Claims Expenses Inside the Limits (CEIL), the limits can be exhausted before a damages award is made or there may not be enough left to pay the damages awarded. READ MORE >>
Wednesday, February 26, 2020Whether this is your 1st attorney malpractice policy or you have had coverage for many years, law firms want to know if they have adequate insurance coverage limits. No one wants to pay for unneeded coverage but being underinsured could be a life altering event. READ MORE >>
Friday, February 21, 2020 Have you actually read the policy and attached endorsements or just assume by the title the policy does what you think it does? This is an important question if you expect your malpractice insurer to provide coverage as you expect. Not properly insuring yourself will cause a claim denial. READ MORE >>
Thursday, February 20, 2020Your agent tells you you’re all set with your malpractice coverage. Nothing for you to worry about. Non or lack of full disclosure can sink your coverage. Insurers do have ways to eliminate your coverage if there is a lack of full disclosure. READ MORE >>
Tuesday, February 18, 2020Frequently a law firm has a contract that requires a bond. But the law firm does not want to purchase the bond since they have an attorney malpractice policy that provides similar coverage. So the law firm is hoping that that the court will accept their insurance policy in place of purchasing a bond. READ MORE >>
Thursday, February 13, 2020 READ MORE >>
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