L Squared Insurance Agency Blog: 1_2018
View the latest blog posts from L Squared Insurance Agency.
Wednesday, January 31, 2018While everyone focuses on Cyber Security and are worried about high tech break-ends. This is yet another reminder that not all Data Breaches need a computer. The Australian government had disposed of some filing cabinets. They were recently found at a 2nd hand shop where the contents were revealed after the cabinets were pried open. READ MORE >>
Wednesday, January 31, 2018This issue recently came up with a client who was trying to determine which insurer had ‘better’ coverage. As frequently happens the client went no further than the declarations page to come to a conclusion. There is no standard Professional Liability Insurance Policy. READ MORE >>
Tuesday, January 30, 2018According to Fund Box Blog here are 3 mistakes that you might be making with your credit cards: 1. Don't Use your personal credit card for business 2. If you are using more than 30% of your available credit it will negatively impact your credit score 3. Better to have multiple credit cards to spread around the expenses READ MORE >>
Monday, January 29, 2018When does misrepresentation or non-disclosure on the attorney malpractice insurance application cross the line between having coverage declined to having the coverage rescinded? Having coverage declined because of properly disclosing application information is a problem. READ MORE >>
Friday, January 26, 2018A common misconception is that Attorney Malpractice Insurance coverage for a departing attorney continues until the end of the policy term because it is ‘paid for’. Once an attorney leaves a law firm their work after they leave the firm is not covered. READ MORE >>
Friday, January 26, 2018When one attorney in a law firm wants increased attorney malpractice limits but the other firm members do not want to pay the extra cost, what can the one attorney do? It seems logical to allow one attorney to increase their policy limits. READ MORE >>
Thursday, January 25, 2018Evidence to Impeach or an Ethical Breach? Interpreting how social media research aligns with the professional conduct rules By Erin McCartney, Esq. With social media being all the rage, many people are turning to their favorite sites to share the details of their daily lives. READ MORE >>
Thursday, January 25, 2018In speaking with malpractice insurers, what the insurers call ‘social media fraud’ in many cases is ‘The Friday Afternoon Fraud’. Insurers refer to it as a 'social media fraud' because cybercriminals lurk on social media looking for information that can be used in a hack. READ MORE >>
Wednesday, January 24, 2018 READ MORE >>
Wednesday, January 24, 2018Professional Liability Insurance policies are normally written on a ‘claims-made’ policy form. In its purest form, an unendorsed ‘claims-made’ policy only provides coverage for the current policy term for covered acts that occurred during and where the claim is made and reported during that policy term. READ MORE >>
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