L Squared Insurance Agency Blog: claims
View the latest blog posts from L Squared Insurance Agency.
Friday, January 27, 2023 Not reporting property insurance small claims makes sense. With a property claim you generally know with great certainty the amount of damages quickly. If the property claim is below or right around your property claims deductible, then handle the claim. READ MORE >>
Wednesday, January 25, 2023 Insurers increasing offer pre-claims assistance. This valuable tool is often overlooked. Check with your agent to make sure your insurer has this coverage. When confronted with a situation that might result in a malpractice claim, most lawyers, understandably, do not know what to do. READ MORE >>
Tuesday, November 1, 2022 Attorney malpractice insurance paid via installments by financing with a premium finance company or direct bill payments through the insurer helps manage cash flow. Problems happen when a law firm allows their attorney malpractice insurance to cancel for premium non-payment. READ MORE >>
Tuesday, October 18, 2022 Prior acts coverage and the ‘claims-made’ policy form are misunderstood malpractice insurance concepts. Misunderstanding these concepts costs professionals millions of dollars in coverage every year. There are two basic property and casualty insurance forms; the ‘occurrence’ policy form and the ’claims-made’ policy form. READ MORE >>
Friday, October 14, 2022 Being a defendant in a legal malpractice claim is no fun. In addition to the potential cost of an adverse judgement, there is the stress and expense of being away from practicing law to defend yourself. Having attorney malpractice insurance is an essential part of any law firm’s safety net. READ MORE >>
Thursday, October 13, 2022 When confronted with a situation that might result in a malpractice claim, most lawyers, understandably, do not know what to do. They may be tempted to ignore the situation or try and fix the problem on their own. In many cases, a potential malpractice claim can be repaired. READ MORE >>
Monday, October 10, 2022 How to Handle a Negative Online Review By: Erin McCartney, Esq., RPLU AVP Attorney Protective Sent to voicemail...again! A young law associate has been trying to contact a recent client who is no longer answering calls or responding to emails. READ MORE >>
Monday, August 22, 2022 Insurance carrier loss runs show all claims that have been reported to an insurer during the time that the insurer provided insurance coverage. The loss runs not only include actual malpractice claims paid but reported incidents that may never turn into a claim and/or disciplinary proceedings. READ MORE >>
Thursday, March 31, 2022Prior acts along with a ‘claims-made’ policy form are two of the most misunderstood concepts with professional liability insurance. It is a shame, as this misunderstanding costs professionals millions of dollars in coverage every year. READ MORE >>
Thursday, July 29, 2021When client expectations differ from the result it’s not uncommon for a client to sue and/or allege attorney malpractice. Beginning with the initial client intake explain the legal services provided and never leave the provided services open to interpretation. READ MORE >>
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