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Home > Blog > Professional%20Liability%20Insurance > L Squared Insurance Agency Blog: professional liability insurance
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L Squared Insurance Agency Blog: professional liability insurance

View the latest blog posts from L Squared Insurance Agency.

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Thursday, October 11, 2018

Buyers Guide to Attorney- Accountant Malpractice Insurance

This is a starting point for law or accounting firms that are purchasing malpractice insurance for the 1st time, evaluating current coverage, or contemplating switching malpractice insurers.  If you are new to malpractice Insurance the 1st surprise is there no standard policy form. READ MORE >>

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Wednesday, October 10, 2018

Ransomware will Your Firm Survive an Attack?

Ransomware encrypts computer files and is used by hackers who then demand money in exchange for freeing the content.  It is becoming a huge problem globally.  The costs of unlocking data varies; with individuals typically paying a few hundred dollars to thousands of dollars for businesses. READ MORE >>

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Tuesday, October 9, 2018

What To Do If an Unplanned Event Forces You to Temporarily Close Your Office—Hartford Insurance

Whether due to natural disaster, fire, or another unforeseen event, businesses sometimes must suspend their operations temporarily—for days, weeks or possibly even months. A temporary closure of even a few days can be devastating to a business’s viability, especially if the business doesn’t have a plan for how to deal with it. READ MORE >>

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Tuesday, October 9, 2018

Disaster Recover—Are You Prepared?

Disaster Recover—Are You Prepared? A bad wind can blow through your law firm or accounting firm at any time.  Daily people and regions around the world are devastated by unforeseen unpredictable events – natural disasters, fires, storms, floods, hurricanes and earthquakes, along with man-made disasters of cyber attached, terror attacks and/or power outages. READ MORE >>

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Monday, October 8, 2018

Cyber Thieves Want What Your Law Firm Has

The exposure to law firms threatening their very existence from Cyber Crime has never been greater.   A recent article by CNN detailed that North Korea hackers tried to seal over $1 Billion.  And they are not the only state actor. READ MORE >>

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Friday, October 5, 2018

Email Wire Fraud Scam Affecting Lawyers & Law Firms

From 2018 Fall Newsletter of AttPro Ally www.attorneyprotective.com/   Scammers are increasingly targeting lawyers by sending forged emails to law firms, their clients and/ or to financial institutions, instructing that funds be wired to accounts controlled by the scammers. READ MORE >>

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Tuesday, September 25, 2018

The Attorney Malpractice Insurance Cannabis Law ‘Don’t Ask Don’t Tell Policy’

As more states vote for legalizing marijuana, we see more attorney malpractice application submissions that have cannabis law shown on the application and/or the law firm’s website.  There are very few insurers that will knowingly write a law firm that is practicing cannabis law. READ MORE >>

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Monday, September 24, 2018

Attorney Malpractice Insurance Legal Fees Likely Excluded in WWE Lawsuit

According to the Insurance Journal, Federal Judge Bryant dismissed a lawsuit against World Wrestling Entertainment (WWE) that alleged that the WWE failed to protect its wrestlers.  Judge Brant stated that Attorney Kyros failed to comply with court rules and orders and awarded to the WWE legal fees. READ MORE >>

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Thursday, September 20, 2018

Take These 10 Steps to Avoid Legal Malpractice Claims

Unlike 10 to 20 years ago attorney malpractice claims are now a part of life.  Today it is a cost of doing business.   Being a defendant in a legal malpractice claim is no fun.  In addition to the potential cost of an adverse judgement, there is the stress and expense of being away from practicing law to defend yourself. READ MORE >>

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Tuesday, September 18, 2018

Properly Understanding Claims-Made Insurance is a Million Dollar Question

Confusion with when a claim is covered by a claims-made policy can be costly.  One of the leading causes of claims being denied is just letting the coverage lapse assuming that there will continue to be coverage for past acts. Attorneys continue to be confused with claims-made coverage as to if a claim is covered. READ MORE >>

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