L Squared Insurance Agency Blog: coverage
View the latest blog posts from L Squared Insurance Agency.
Thursday, October 14, 2021Letting your Attorney Malpractice insurance lapse has consequences. Attorneys sometimes see the ‘Automatic’ Extended Reporting Period Endorsement section in many malpractice policies and think this is a grace period. READ MORE >>
Wednesday, October 6, 2021This is the time of year that many businesses put their affairs in order. Insurance agencies are not much different from every other type of business. At the end of the day, a well-managed business helps improve customer satisfaction and security. Most insurance agencies make heavy use of computer systems in their day-to-day business. READ MORE >>
Wednesday, September 29, 2021As law firms evolve so should their insurance coverage. Not every malpractice insurance policy is a good fit for every firm. The proper firm coverage needed 3 years ago, may not be the coverage that the firm needs today. Neglecting a periodic review of your firm’s insurance needs can be costly. READ MORE >>
Monday, September 20, 2021Without proper attention during the dissolving and forming of law firms with legal malpractice claims-made insurance policies can cost coverage. Understand the need for making sure that past acts are covered. While purchasing an extended reporting period endorsement (ERP) can be costly, it is often the best way for covering an attorney’s past acts. READ MORE >>
Wednesday, September 8, 2021Workers compensation insurance helps give you the financial protection against medical bills and lost time at work should an employee be injured on the job. However, the right business insurance provider can not only help cover those costs, but can also help to minimize the risk of injury at your workplace. READ MORE >>
Friday, August 13, 2021General liability insurance is a type of policy you may hear frequently when starting or running a business because it covers a lot of the common accidents that may occur on your business’ property. Say someone comes into your shop and slips and falls. They break their ankle and decide to sue. READ MORE >>
Thursday, July 22, 2021We often tell insured how important prior acts coverage is, but what does it cover? Attorney malpractice insurance is written on a ‘Claims-made’ policy form. ‘Claims-made’ coverage in its purest form only provides coverage for covered acts that that occurred and were reported during the policy period. READ MORE >>
Wednesday, June 30, 2021Career Coverage provides an individual attorney with prior acts coverage for work done prior to their association with their current law firm. The reasons an attorney may want this coverage is:
1. To cover past acts if their old firm did not contin... READ MORE >>
Wednesday, February 24, 2021Question from Attorney: I am still looking at alternatives for renewing my attorney malpractice coverage and cannot get firm terms until I get Insurance Carrier Loss runs from my incumbent insurer. If I am a “few” days late renewing coverage is that going to be a problem? READ MORE >>
Tuesday, February 9, 2021We cannot repeat this statement enough. There is no standard attorney malpractice policy. While the definitions wording is similar from policy to policy, minor policy wording differences can be the difference between having coverage or paying for the claim out of your own pocket. READ MORE >>
|
Blog Archive
2021
2020
2019
2018
2017
2016
2015
2013
2011
 |
|