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L Squared Insurance Agency Blog: buyers guide

View the latest blog posts from L Squared Insurance Agency.

Choosing legal malpractice insurance is one of the most important decisions you can make for your law firm. The following are some helpful tips:   1.   Evaluate the whole program Keep in mind the insurer is a very important piece, but not the only piece. You need to evaluate the entire program. READ MORE >>

Legal Malpractice Insuring agreements are not created equally.  The insuring agreement might also be called “Defense and Settlement” or a similar name.  This plus the “Additional Coverages” sections tell you the intent of the policy.  Lookout for these key terms in the insuring agreement: READ MORE >>

This is a starting point for law or accounting firms that are purchasing malpractice insurance for the 1st time, evaluating current coverage, or contemplating switching malpractice insurers.  If you are new to malpractice Insurance the 1st surprise is there no standard policy form. READ MORE >>

With non E&O commercial insurance it is normal practice for Insurance carriers to require loss runs to provide a quotation.  Insurance carrier loss runs are a report produced by an insurance carrier that provides information on all claims that have been reported to an insurance carrier during the time that the insurance carrier provided insurance coverage. READ MORE >>

Choosing lawyers professional liability insurance is one of the most important decisions you can make for your firm. The following are some helpful tips:   1.   Evaluate the whole program Keep in mind the carrier is a very important piece, but not the only piece. You need to evaluate the entire program. READ MORE >>

This is not an all-inclusive list.  It is a start for a law firm or accounting firm that is purchasing malpractice insurance for the 1st time, evaluating current coverage, or contemplating switching Professional Liability Insurance Carriers. READ MORE >>

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