L Squared Insurance Agency Blog: lawyers
View the latest blog posts from L Squared Insurance Agency.
Tuesday, October 27, 2015Most professional liability insurance policies have a Retro Active date or Prior Acts date, few have Full Prior Acts or FPA. Full Prior acts is a type of claims-made liability policy that does not contain a retroactive date and therefore covers claims arising from acts that took place at any time prior — regardless of how far in the past. READ MORE >>
Wednesday, August 28, 2013NY State Bar Says Law Firms May Not List Specialties on their Linkedin Profile First, I’d like to thank each and every one of my LinkedIn connections who have generously endorsed my "skills and expertise" in the areas of professional liability insurance and risk management. READ MORE >>
Monday, August 19, 2013Exploring Your Options for Lawyers' Malpractice Insurance? Make sure you compare the coverage – and not just the price. When shopping for Lawyers Professional Liability insurance, or any other type of Errors & Omissions coverage, premium is an important consideration. READ MORE >>
Wednesday, July 31, 2013The lawsuit by Christ Academy against Hermes Sargent Bates was only recently filed. Assuming the firm has adequate insurance limits, and there are no coverage disputes with the carrier, the insurance company will likely move quickly to control defense expenses and damages. READ MORE >>
Wednesday, July 24, 2013One of the most difficult concepts for purchasers of professional liability insurance to grasp is the meaning of “prior acts coverage” and “claims-made policies." As the case of Christ Academy v. READ MORE >>
Wednesday, July 24, 2013One of the most difficult concepts for purchasers of professional liability insurance to grasp is the meaning of “prior acts coverage” and “claims-made policies." As the case of Christ Academy v. READ MORE >>
Wednesday, July 17, 2013Law firms need to reapply for legal malpractice insurance every year. And on every application, whether it be for new business or a renewal policy, the law firm must answer questions about its client billings. Typical questions are: •How many times have you sued a client for fees in the past 5 years? READ MORE >>
Wednesday, July 10, 2013Most defense attorneys enjoy relatively lower premiums for malpractice insurance. That’s because they are not as often the targets of lawsuits as their colleagues who represent plaintiffs. Lawsuits against plaintiffs’ attorneys are usually the result of a missed statute of limitations. READ MORE >>
Wednesday, July 3, 2013Last week we discussed the case of Christ Academy v. Hermes Sargent Bates and learned the many risks of having an underinsured client. (You can read the post here if you missed it.) Many employers think they are not at risk of a discrimination lawsuit because their employees “would never do that. READ MORE >>
Tuesday, June 25, 2013
Defense attorneys who successfully defended a private school against sex discrimination claims are now defending themselves against a malpractice claim filed by their former client. The Christ Academy claims its attorneys were “negligent and deceptive in defending the scho... READ MORE >>
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