L Squared Insurance Agency Blog: liability insurance
View the latest blog posts from L Squared Insurance Agency.
Wednesday, March 20, 2024 Question from Attorney: I am still looking at alternatives for renewing my Lawyers Liability 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 >>
Thursday, March 14, 2024 Policy forms and premium are important when selecting a Professional Liability Insurance policy. But Attorneys or Accountants should be concerned about selecting a strong malpractice insurance carrier. Insurance carrier AM Best Ratings only tell part of the story. The structure and backing of insurance carriers are not always equal. READ MORE >>
Friday, February 24, 2023 Underwriters often require Insurance carrier loss runs when a firm has claims, disciplinary activity, or insurance coverage non-renewed or rescinded. Underwriters may require loss runs prior to providing a quote and/or binding coverage. READ MORE >>
Monday, February 13, 2023
EPLI – Every Business Should Carry This Coverage
What is Employment Practices Liability (EPLI) Insurance?
Employment Practices Liability Insurance (EPLI) will protect a business against claims that allege actions from first and third-parties of wrongful termination, discriminati... READ MORE >>
Thursday, January 26, 2023 Cyber Insurance Coverages to Look For First-party coverages cover you (the insured) for these costs: IT Forensics Determining exactly how a computer system was breached and what data was accessed, viewed, or copied. Notification READ MORE >>
Friday, August 12, 2022 With Crum & Forster (C&F) dropping its small firm Lawyer s Professional Liability Insurance what happens to the “Free” Retirement Tail? 1. If C&F has issued the non-practicing extended reporting period endorsement (ERP) attached to your policy, then you have nothing to worry about. 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 >>
Wednesday, November 24, 2021 You’ve started your business and now you’re ready to protect it with insurance. But how do you know which insurance policy fits your business the best? Professional liability insurance is also known as errors and omissions liability insurance. 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 >>
Friday, July 26, 2019Today’s virtual society has changed how attorneys operate. The law firm’s files can be somewhere in the clouds. This allows easy access just about anywhere and eliminates law libraries, file cabinets and large amounts of physical storage. READ MORE >>
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