L Squared Insurance Agency Blog: lawyers professional liability
View the latest blog posts from L Squared Insurance Agency.
Thursday, January 4, 2018 According to Insurance Business, 6 Florida attorneys were arrested in September for participating in kickback schemes to defraud insurance companies. They were accused of paying for referrals from tow truck drivers, auto repair employees and other people with access to collision reports. READ MORE >>
Thursday, December 28, 2017 Unlike many other types of insurance, Attorney Professional Liability Insurance cannot be bound without the malpractice insurer’s specific application. Some malpractice insures will use a competing insurer’s new business application but this is the exception rather than the rule. READ MORE >>
Tuesday, December 26, 2017Always hate to have to tell someone no. This is an actual e-mail, minus names, places and insurance carriers that came in recently. Question from Attorney: I have been an attorney for almost 30 years. I handle personal injury and workers' compensation cases for plaintiffs/petitioners (95% of my work). READ MORE >>
Wednesday, December 20, 2017A recent article from The Dentons, “You’re Facing a Malpractice Claim; Don’t Make it a Bad Situation Worse”, gives advice on what to do after the mistake has been made. Every so often we have law firms that actually make things much worse. READ MORE >>
Tuesday, December 19, 2017 With Christmas just around the corner and New Year not far off, many law firms’ partners and staff are getting ready to have a few well-earned days off. Not to put a damper on the Xmas cheer, but many law firms’ also renew their attorney malpractice insurance at year end. READ MORE >>
Thursday, December 14, 2017 Question coming with frequency from lawyers; “Does attorney malpractice insurance cover my ‘marijuana practice’?” The short answer to this question is there is no specific exclusion in almost all lawyer’s professional liability insurance policies for a ‘marijuana practice’. READ MORE >>
Friday, December 8, 2017According to the Miami Herald and the Florida Record, Erwin Rosenberg’s troubles started in 2006 when Rosenberg would not produce client documents in a lawsuit. Circuit Court Judge Gerber ruled that Rosenberg had acted in bad faith and awarded attorney’s fees. READ MORE >>
Thursday, December 7, 2017 An attorney malpractice or lawyers professional liability insurance policy may have a Law ‘Firm’ Prior Acts Date, an ‘Individual’ Prior Acts Date, a ‘Career Coverage’ Prior Acts Date and/or ‘Predecessor ‘ Firm Prior Acts Date. READ MORE >>
Tuesday, December 5, 2017 Eric Conn, aka Mr. Social Security, was captured while coming out of a restaurant in a Honduras shopping center by a Honduran SWAT team. He is scheduled to be returned to the US on December 5. Eric Conn was nicknamed Mr. Social Security because he handled over 3100 social security disability cases with a federal judge and doctor on his payroll. READ MORE >>
Thursday, November 30, 2017The attorney was with a high risk insurance carrier letting his coverage lapse in 2016. He wrongly assumed that it would not be a big deal to get his prior acts back after more than a year and ½.. He had been paying around $7,000 annually to cover his past acts. READ MORE >>
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