L Squared Insurance Agency Blog: attorney malpractice
View the latest blog posts from L Squared Insurance Agency.
Tuesday, February 12, 2019 Accountants Errors & Omissions and Attorney Malpractice insurance policies may have a Firm Prior Acts Date, an Individual Prior Acts Date, a Career Coverage Prior Acts Date and/or Predecessor Firm Prior Acts Date. Each can be used to address specific coverage needs: 1. READ MORE >>
Wednesday, February 6, 2019What do you mean that Full Prior Acts might not mean Full Prior Acts. Legal Malpractice Insurance policies are similar but there is no common meaning to the terms. Full Prior Acts is a term that is often misunderstood and changes from insurer to insure as to its meaning. READ MORE >>
Thursday, January 24, 2019Individuals that have not had a claims-made policy often do not understand the importance of maintaining prior acts. Many think it is just a ploy for the insurer to collect more money. The reality is that claims-made insurance policies are almost worthless without the proper maintenance of prior acts coverage. READ MORE >>
Tuesday, January 22, 2019 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 >>
Thursday, January 17, 2019The 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 >>
Tuesday, January 15, 2019Helping 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 >>
Monday, January 14, 2019The 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 >>
Tuesday, January 8, 2019We 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 >>
Thursday, January 3, 2019According 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 >>
Thursday, December 27, 2018Please 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 >>
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