L Squared Insurance Agency Blog: application
View the latest blog posts from L Squared Insurance Agency.
Thursday, April 15, 2021Year after year you complete a malpractice application. It is enough to make you to scream. Attorney malpractice insurers generally want an updated application every year. But why do Business Owners, Workers Compensation and Commercial Auto insurers renew each year without an application? READ MORE >>
Monday, March 22, 2021 This can happen with either the incumbent malpractice insurer’s renewal application or a new business application with a different insurer. Claims Prior Knowledge is a leading cause for malpractice claims denials. Remember whether intentional or by accident, misinformation on a malpractice application will be used against you. READ MORE >>
Thursday, December 19, 2019With Christmas just around the corner and the New Year not far off, many law firms’ partners and staff are getting ready to have a few well-earned days off. Not to put a damper on the Xmas cheer, but many law firms’ also renew their attorney malpractice insurance at year end. READ MORE >>
Tuesday, July 16, 2019Attorneys that are forming new practices, either for the 1st time as a new in practice attorney or coming from a larger firm often confront application questions that do not make sense. Malpractice Insurance Applications are retrospective questionnaires. READ MORE >>
Tuesday, May 14, 2019Many law firms do not answer this attorney malpractice application question correctly. Basically, the insurer wants to know what you did last year. Emphasis on the ‘last’ year. READ MORE >>
Tuesday, August 7, 2018No one likes completing malpractice insurance applications. It is one of the more boring and stressful things to do. But properly completing the malpractice insurance application is very important. Even though this process takes away from billable hours, if done incorrectly it c... READ MORE >>
Monday, May 14, 2018Year after year you are required to complete a malpractice application. It is enough to make you want to scream. Accountant and attorney malpractice insurers generally want an updated application every year. But Business Owners, Workers Compensation and Commercial Auto insurers renew each year without an application. READ MORE >>
Wednesday, June 21, 2017Recently a claim was made because a business deal was going bad. This could be a covered act if the lawyer or accountant were acting in their professional capacity and providing professional services. But in this case it was the insured accountant that had bought a non-accounting related business personally with nonmember partner from outside the firm. READ MORE >>
Tuesday, January 10, 2017I am often asked about how to fill out an attorney malpractice application. Most of the questions revolve around what is the malpractice carrier looking for. Generally the attorney or staff member is just looking to the proper way to answer the question. These are the types of questions that you appreciate up front. READ MORE >>
Monday, November 7, 2016This time of year there are many attorneys that are forming new practices, either for the 1st time as a new in practice attorney or coming from a larger firm. Here are a couple things to remember when completing attorney malpractice applications: 1. Attorney Malpractice is written for the firm. READ MORE >>
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