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Home > Blog > L Squared Insurance Agency Blog Page 9
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L Squared Insurance Agency Blog Page 9

View the latest blog posts from L Squared Insurance Agency.

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Monday, November 21, 2022

Free CLE Webinar for Attorneys Dec 7th 1PM ET

You’re Not Broken The Neuroscience of Lawyer Well-being Presenter: Colleen L. Byers , JD, MBA, RYT200 Colleen Byers, JD, a seasoned litigator, mediator, legal educator, certified yoga instructor, and 2020 North Carolina Lawyer of the Year. READ MORE >>

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Friday, November 18, 2022

Attorney Malpractice Insurance Securities Exclusion

Securities law is a highly specialized practice area. Attorneys doing private and public offerings need to be aware that not all insurers cover this exposure. The body of the policy may not have an exclusion such as the following: READ MORE >>

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Friday, November 18, 2022

Attorney Malpractice Insurance Policy ERISA Exclusion

Law firms expecting coverage for Employment Retirement Income Security (ERISA) find policy exclusions instead. The attorney malpractice policy does not cover fiduciary ERSA exposures. This is the typical exclusion section wording: READ MORE >>

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Thursday, November 17, 2022

Attorney Malpractice Insurance Intellectual Property Exclusion

Intellectual Property (IP) is a highly specialized practice area. Intellectual Property attorneys need to be aware that not all insurers cover this exposure. The body of the policy may not have an exclusion such as the following: “INTELLECTUAL PROPERTY READ MORE >>

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Thursday, November 17, 2022

Phishing Attacks Are Increasing; Don’t Get Reeled In

Businesses lose billions of dollars annually to wire transfer phishing. Also known as “wire transfer fraud” or “fraudulent wire transfer,” these ploys trick the victim into transferring money to the attacker. But wire fraud is easy to see if you know what to look for: READ MORE >>

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Wednesday, November 16, 2022

Free CPE Webinar for Accountants - 12/6 1PM EST

DECEMBER 6 @ 1 PM REGISTER HERE SESSION 13: Claims Stories - The Not So Good, The Bad, and The Ugly (1 CPE)  Presenter: Jeremy Monosov, Esq. and Rocco Malandrino Delivery Method: Group Internet Based | Field of Study: Business Management & Organization   READ MORE >>

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Tuesday, November 15, 2022

Attorney Malpractice Insurance Policy Prior Knowledge Exclusion

Claims Prior Knowledge/Notice is a leading cause for malpractice claims denials. This happens when incorrectly completing the attorney malpractice renewal application claims questions or a different insurer’s new business application. Whether intentional or by accident, misinformation on a malpractice application causes claims denials. READ MORE >>

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Monday, November 14, 2022

Attorney Malpractice Insurance Policy Care Custody or Control Exclusion

A law firm may have substantial exposure for assets that are in their care, custody, or control.  An Attorney malpractice insurance policy may exclude coverage if the asset is lost or stolen.  Assets can be anything from a gold watch to a IOLTA or trust account. READ MORE >>

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Monday, November 14, 2022

Attorney Malpractice Insurance Policy Contractual Liability Exclusion

A law firm may attempt to bind an insurer to a 3rd party contract. The insured law firm’s client contract with the law firm may require certain language in the insured law firm’s insurance policy that is not there. The insured firm hopes that the insurer will be bound to that contract. READ MORE >>

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Friday, November 11, 2022

Attorney Malpractice Insurance Bodily Injury/Property Damage Exclusion

An attorney malpractice insurance policy excludes coverage for Bodily Injury/Property Damage. Law firms needing these coverages should obtain a Business Owners Policy (BOP) or a Commercial Auto Insurance policy. Attorney malpractice insurance policy do cover personal injury. READ MORE >>

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