L Squared Insurance Agency Blog: lawyers
View the latest blog posts from L Squared Insurance Agency.
Wednesday, May 16, 2018Question 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 >>
Friday, May 11, 2018Because attorney malpractice insurance is written on a claims made policy form the prior acts date is important to determining if there is coverage for an act that may have occurred many years ago. The first three things that an insurer looks at to determine if the claims made policy covers the loss are: READ MORE >>
Friday, May 11, 2018Come visit Mandy & Beth at our booth at the Annual Michigan Association for Justice Convention! READ MORE >>
Wednesday, May 9, 2018According to the Orange County Register, California Defense Attorney James Crawford got into a brawl with District Attorney Investigator Dillon Alley on the 10th Floor of the Santa Ana Courthouse. There were conflicting stories about who started the brawl. Different witnesses stated that each party had thrown the first punch. READ MORE >>
Monday, May 7, 2018Attorney in Washington state had a continued history of double dealing with her firm. After being fired for the practice she mislead her new employer and continued the same arrangement with individual clients outside of her firm. For that and many other sins she was disbarred. READ MORE >>
Friday, May 4, 2018This often asked question only comes from the attorney that might be paying more than his friend. I say might, because occasionally they are both paying the same premium. But there are other cases where the premiums are dramatically different. READ MORE >>
Thursday, May 3, 2018Most Attorney Malpractice Insurance policies have exclusions for outside interest in other businesses that may or may not be a firm client. This is one area that attorneys need to be careful about. Every insurer’s malpractice policy has different wording. READ MORE >>
Wednesday, May 2, 2018Normally there is confusion at the Law Firm’s office when a request comes in to add a certificate for a mortgagee to an attorney malpractice insurance policy. While we do write many firms’ business owners coverage (BOP) and are happy to add the mortgagee to a BOP; we decline when it is specifically for the malpractice insurance. READ MORE >>
Monday, April 30, 2018Lawyers that choose to go without malpractice insurance believe that because they work for a small firm and maintain close relationships with their regular clients, that they are immune to claims. Other attorneys believe that the chances of them facing a claim aren’t great enough for them to purchase an Attorney Malpractice insurance policy. READ MORE >>
Friday, April 27, 2018Some law firms are reluctant to report small claims. Many times the law firm feels that the legal malpractice claim is small and they can cover it themselves. These strategies will help their insurance history thus keeping their attorney malpractice insurance premiums lower. READ MORE >>
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