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L Squared Insurance Agency Blog: attorney malpractice

View the latest blog posts from L Squared Insurance Agency.

You report a malpractice claim to your insurer giving an overview of what the claim was about.  Next thing you know you get a reservation of rights letter from your insurer.  When you top sheet the reservation of rights letter you start to get upset because it looks like the insurer is getting ready to decline coverage. READ MORE >>

The following Article is from AttPro Ally's Winter 2019 Issue 29 Quarterly magazine.   Bringing Your Practice Into the 21st Century By: Shari L Kelvens, Esq and Alanna Clair, Esq Inertia can be toxic to a law practice. Sometimes, lawyers are content to manage their practices as they always have, assuming that the old ways always work the best. READ MORE >>

Helping family members and friends with legal issues while not going through an attorney’s normal intake procedures is one of the quickest ways to get oneself in trouble.  A Colorado Attorney agreed to aid in negotiating a judgement obtained against his in-laws. READ MORE >>

The following article is from Wilson Elser/Attorneys Advantage website that our clients that are with Aon/AXIS Insurance have access to. October 30, 2018 Author: David H. Potter Data breaches and cyberattacks are becoming more prevalent and law firms have quickly become attractive targets for hackers due to the sensitive and privileged information firms collect. READ MORE >>

We frequently get asked questions as to whether we have an insurer that will provide coverage for different attorney practice areas.  As an independent nationwide agency there are rarely any areas of practice that we do not have an insurer willing to provide coverage for a well-run law firm. READ MORE >>

According to a number of media outlets, a Hiscox Insurance Company spokesman confirmed that one of its insured Law Firms has hacked.  Dark Overlord is demanding a ransom to not release sensitive 9/11 documents. READ MORE >>

Please see the answers to your questions below each question: I know that this can be frustrating, but all attorney malpractice insurers’ extended reporting period (ERP/Tail) provisions are provisions that an insurer will not modify. READ MORE >>

Every year there are insurers that leave the Attorney Malpractice marketplace.   In some cases it is because their relationship with their managing general agent (MGA) or agent ended.  In others it is because the insurer decided to stop writing attorney malpractice insurance. READ MORE >>

We have Law Firms that hire a suspended attorney, one that was recently suspended, or had other disciplinary actions.  While it is the firm’s prerogative to hire anyone they want, they should know about the disciplinary actions prior to making an offer. READ MORE >>

About 2 years ago we blogged about the data breach of the now defunct Panama Law Firm Mossack Forseca.  If you remember over 11.5 million stolen client documents were leaked to the press over a period of months  These leaked client files were dubbed the Panama Papers. READ MORE >>

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