L Squared Insurance Agency Blog: ror
View the latest blog posts from L Squared Insurance Agency.
Tuesday, May 15, 2018Many people have no idea what Insurance Carrier Loss Runs are. Plus who wants to discuss or disclose malpractice claims just to get an insurance quote. Why won’t an insurer just quote without this information? Insurance carrier loss runs are a report(s) that shows claims reported to a malpractice insurer during the time the firm was with the insurer. READ MORE >>
Monday, May 14, 2018Year after year you are required to complete a malpractice application. It is enough to make you want to scream. Accountant and attorney malpractice insurers generally want an updated application every year. But Business Owners, Workers Compensation and Commercial Auto insurers renew each year without an application. READ MORE >>
Monday, April 23, 2018A Risk Purchasing Group (RPG) allows like risks to be able to purchase liability insurance on a group basis. Formed by Congress in 1981, the Products Liability Risk Retention Act allowed the formation of groups to purchase liability insurance on a group basis. READ MORE >>
Monday, March 5, 2018Even though the insurer is no longer writing malpractice insurance the coverage for an issued Extended Reporting Period Endorsement (Tail or ERP) remains in force. With this stated, as the years go by your insurer could have merged, been sold, liquidated or gone completely out of business. READ MORE >>
Tuesday, February 20, 2018 By Seth L. Laver, Andrew P. Carroll and Sean P. Beiter of Goldberg Segalla One of the most common problems facing a would-be plaintiff considering a malpractice case is when to file suit. Similarly, those that defend professionals must consider whether to move to stay proceedings if applicable. READ MORE >>
Wednesday, February 14, 2018Attorney Malpractice, Accountant Professional Liability and Title Agency Errors and Omissions Insurance are written on a claims-made policy form on behalf of the named insured firm. Coverage extends from the firm to the employees, contractors, and partners/members of the firm. READ MORE >>
Friday, January 12, 2018Recently blogged that L Squared turned 15 in 2017. What you may not know is that L Squared is in 47 states and the District of Columbia. There are few independently owned professional liability agencies that can deliver the errors and omissions insurance for Accountants, Dentists, Lawyers and Title Agencies on a nationwide basis. READ MORE >>
Friday, August 18, 2017Recently we were working with a newer CPA. His current agent had written him a Business Owners Policy (BOP) and combined that with an additional policy for Tax Preparers and Bookkeeping Errors and Omissions Insurance for one policy through The Hartford. READ MORE >>
Monday, October 10, 2016 By Lockton Professional CPA firms have access to numerous types of client records, and requests for those records can come from multiple sources. What should a CPA firm do when a request for access to such records comes in the form of a subpoena? READ MORE >>
Friday, September 9, 201690 People in Georgia are receiving the following notification from the Supreme Court of Georgia Office of Bar Admissions who were previously told that they did not pass the exam:
“September 6, 2016
The Board of Bar Examiners has determined that you are one of 90 people who passed the Geor... READ MORE >>
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