L Squared Insurance Agency Blog: general
View the latest blog posts from L Squared Insurance Agency.
Monday, September 25, 2023 Attorneys wear many hats. Attorney malpractice insurance provides coverage for most hats but not all. A malpractice insurer’s definition(s) of professional services may cause coverage issues for attorneys that perform certain client services. READ MORE >>
Wednesday, August 23, 2023 Attorney Fees are almost universally excluded from the definition of damages in attorney malpractice policies. Punitive damages may or may not be excluded from malpractice coverage, but still may not be permitted by your state. Your insurer may pay defense costs and the award for damages in a covered malpractice claim. READ MORE >>
Wednesday, July 19, 2023 Claim time is not the time to find out the attorney has no malpractice coverage for the reported claim. Attorneys that do work for clients where the attorney is involved with client management or ownership may run afoul of attorney malpractice policy exclusions. READ MORE >>
Friday, June 16, 2023 Attorney Malpractice Insurance Policies are claims-made and reported policies. When the coverage ends the ability to report claims for past acts ends at policy termination. Attorneys leaving private practice via retirement, becoming a judge or working in the private or public sector need to protect their past acts. READ MORE >>
Thursday, May 11, 2023 More than a few attorneys forget to take advantage of Disciplinary Coverage until it is too late. Attorney Malpractice Insurance policies that offer this coverage can be ‘Duty to Defend’ or ‘Reimbursement’. READ MORE >>
Friday, March 3, 2023 GenStar policyholders now have access to specialized assistance through a confidential title agent helpline form the law firm of Wilson Elser. Policyholders will receive up to two hours of consulting services at no additional cost. READ MORE >>
Monday, June 6, 2022Every business wants to serve its customers with the utmost professionalism and safety. However, accidents can happen. If one of your customers or visitors get hurt on the premises, then you will likely be responsible in some way. It’s easy to see why commercial safety is so important. READ MORE >>
Thursday, January 20, 2022General liability insurance protects companies from claims of loss from third parties. It may cover a variety of injuries or property damage. It usually does not provide coverage for employee injury or loss. However, your employees can be a key reason why you have to file this type of business insurance claim. 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 >>
Tuesday, March 16, 2021 No small business is immune to financial risks, and one of these might be the risk of a lawsuit lodged by a customer or other party who blames the business for harm they sustained. At this point, you might have a legal obligation to compensate someone affected by your mistakes. READ MORE >>
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