L Squared Insurance Agency Blog: claims
View the latest blog posts from L Squared Insurance Agency.
Wednesday, February 8, 2017Blowing a statute of limitation or a deadline is the quickest way to turn your client problem into the attorney’s problem. This is one of the most common preventable errors that can be counted on to turn into an attorney malpractice claim. READ MORE >>
Monday, February 6, 2017It is not always clear when the line of misrepresentation or non-disclosure on the Lawyers Professional Liability Insurance application crosses the line between having a specific claim denied to having the coverage rescinded. READ MORE >>
Wednesday, February 1, 2017CEOL stands for Claims Expenses Outside the Limits. The purpose of CEOL is to provide a separate limit of liability claims expenses to help preserve the primary limit of liability. The other Lawyers Professional Liability Insurance Policy option is Claims Expenses Inside the limits (CEIL). READ MORE >>
Thursday, January 12, 2017As an insurance agency the specializes in Lawyers Professional Liability Insurance it is interesting to see some of the claims that come in, where the attorney should have known better and/or supervised their staff better. READ MORE >>
Monday, January 9, 2017How do Attorney Malpractice Claims begin?
Clients do not like to be ignored by their attorneys. When a client calls, e-mails, texts or mails a letter, they expect a prompt response. Given how connected the world is today with being able to texted or e-mail at any time or day, ... READ MORE >>
Wednesday, January 4, 2017It is not uncommon for opposing attorneys to exchange during discover on a case. In today’s world more and more of it is done in an electronic form. Sometimes in its native electronic form that include metadata such as the document author, dates of creation-alteration and where the document was stored. READ MORE >>
Thursday, December 22, 2016This scam was done the old fashion way and brought in over $1.66 Million. Artashes Darbinyan and Orbel Hakobyan admitted to running a mass mailing scam through companies called Trademark Compliance Center(TCC) and Trademark Compliance Office (TCO). According to the Justice Department Website Link: READ MORE >>
Friday, December 16, 2016The declarations page outlines the key elements of your malpractice insurance coverage (LPL). Even though there is no standard LPL policy at a bare minimum checking the items listed below is essential. If you read nothing else, read your declarations page. Key items to review are: 1. READ MORE >>
Friday, December 9, 2016Insurance policies can lapse either through administrative issues or lack of funds. Letting coverage lapse is never a good thing. Whether it is Business Auto, Business Owners Coverage, Professional Liability Insurance or Workers Compensation letting your insurance coverage lapse can be costly. READ MORE >>
Monday, November 21, 2016Earlier this year we blogged about a Pennsylvania attorney that had been sanctioned for $1 million for “egregious tactics”. As we mentioned sanctions are not generally covered by Lawyers Professional Liability Insurance policies. READ MORE >>