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L Squared Insurance Agency Blog: claims

View the latest blog posts from L Squared Insurance Agency.

This issue comes up with frequency.  Attorneys for a variety of reasons join together.  In many cases they share office space, support staff, computer systems, and other equipment to spread out the costs.  Some actually make themselves look like a partnership from letterhead to advertising when no partnership agreement exists. READ MORE >>

Out recent blog about the Consumer Financial Protection Bureau (CFPB) stated that a number of law firms were being contacted about violating consumer protection laws.  Many had signed consent decrees costing this hundreds of thousands of dollars or more. READ MORE >>

The Consumer Financial Protection Bureau (CFPB) was formed by the Dodd-Frank Act.  The main intent of the CFPB was to help consumers that were having issues with Banks, Lenders and other Financial Institutions. READ MORE >>

You have just been served with a Malpractice Lawsuit.  Your emotions will range from anger and rage to self-denial and guilt.  Take a little time to breath.  Once you have done that your 1st step should be to report the claim to your malpractice insurance agent and/or your malpractice insurance claims department. READ MORE >>

In the case of Harleysville Insurance Company v Holding Funeral Home,  the Harleysville defense counsel (Defense Counsel) sent to the Holding Funeral Home Plaintiff Counsel (Plaintiff Counsel) certain documents on a thumb drive. READ MORE >>

We get this request frequently.  A law firm’s practice has changed.  They are no longer doing the big time plaintiff cases or the mergers and acquisition work.  They are looking to cut costs.  One of the Law Firm’s larger expenses is Attorney Malpractice Insurance. READ MORE >>

Markel Insurance Company wrote an attorney malpractice policy for Las Vegas attorney Robert Graham in 2015.  According to Markel the Law Firm’s application stated that they knew of no circumstances, situation, act, error or omission that could lead to a claim against the firm, even tho... READ MORE >>

Recently Blogged about the American Bar Association (ABA) Hours of Delegates voting to approve model rules requiring that attorneys complete one hour of substance abuse and mental health education every 3 years.  Many attorneys work to a large extent by themselves and unlike many other professions can have very little support group to help them with the daily stresses of life. READ MORE >>

Blowing 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 >>

It 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 >>

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