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L Squared Insurance Agency Blog: 3_2016

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Thank you, Tracy.  We use retainer agreements.  Please define a non-engagement and disengagement letter and let me know how they are used.  Thank you.   I’ve pulled this information from http://www.nysba.org/ManagingYourPractice/ READ MORE >>

According to NSM their Insurance For Lawyers's  (IFL) program has lost its insurance carrier National Union Fire Ins Co Pittsburgh PA (NUFI), and AIG subsidiary.  Sources at NSM state that they are no longer able to quote new business. READ MORE >>

Question from Attorney:  I am a full time employee at a large company.  I do an occasional will or trust on the side.  Probably less than 5,000 a year in revenue.  Is there a minimal coverage for that?  Should I get coverage for when i did have a practice?  I sold it in December 2014. READ MORE >>

All Lawyers Professional Liability Insurance policies have exclusions to some extent for acting as a Director or Officer of an organization.  Attorneys need to be careful when being asked to sit on a board or act as an Officer of an organization to not jeopardize coverage. READ MORE >>

Lawyers Professional Liability Insurance (LPL) and Accountants Professional Liability (APL) Insurance claims made coverage ends at the policy/coverage termination.  Lawyers Professional Liability Insurance Policies (LPL&APL) are generally written for the firm and coverage extents from the firm READ MORE >>

Best story line today.  An actual testimonial about how the FBI is handing out money.  Again if they know who you are why are they asking you for your name and address.   Kind Attention:   My name is Rev. John Anderson; I am a US citizen, 51 Years Old. My residential address is as follows. READ MORE >>

Guess the FBI is not in the business of handing out money on ATM cards Federal Bureau of Investigation (FBI) Anti-Terrorist And Monitory Crime Division. Federal Bureau Of Investigation. J.Edgar.Hoover Building Washington Dc Customers Service Hours / Monday To Saturday Office Hours Monday to Saturday: READ MORE >>

Guess banks in Africa do not have their own domain names for e-mail.  Yahoo, really   REVEREND MICHEAL GODSWILL OF FIRST BANK OF NIGERIA PLC 35 Marina P. O. Box 5216, LAGOS- NIGERIA EMAIL: firstbankofnigerieeplc270@yahoo.pt   DEAR BENEFICIARY   READ MORE >>

For those of you that want to be a co-conspirator,   this is the e-mail that you respond  to.  Tough to complain with you are also committing a crime.   FEDERAL REPUBLIC OF NIGERIA OFFICE OF THE PAYMENT VERIFICATION PANEL LAGOS LIAISON OFFICE EMAIL..tonyebere220@gmail.com READ MORE >>

One wonders how the criminals get into your firm’s system.  Most are invited by staff.  One of the more common ways is Phishing which can be distinguished by Spearing.  Phishing is when a mass e-mail is sent out and they have no idea who they are sending the e-mail to. READ MORE >>

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