L Squared Insurance Agency Blog Page 114
View the latest blog posts from L Squared Insurance Agency.
Thursday, December 7, 2017 An attorney malpractice or lawyers professional liability insurance policy may have a Law ‘Firm’ Prior Acts Date, an ‘Individual’ Prior Acts Date, a ‘Career Coverage’ Prior Acts Date and/or ‘Predecessor ‘ Firm Prior Acts Date. READ MORE >>
Wednesday, December 6, 2017 Prior acts along with a ‘claims-made’ policy form are two of the most misunderstood concepts with malpractice insurance. It is a shame, because this misunderstanding costs many professional s millions of dollars in coverage every year. READ MORE >>
Tuesday, December 5, 2017 READ MORE >>
Tuesday, December 5, 2017 Eric Conn, aka Mr. Social Security, was captured while coming out of a restaurant in a Honduras shopping center by a Honduran SWAT team. He is scheduled to be returned to the US on December 5. Eric Conn was nicknamed Mr. Social Security because he handled over 3100 social security disability cases with a federal judge and doctor on his payroll. READ MORE >>
Monday, December 4, 2017During a closing on a real estate transaction, cyber criminals sent new instructions via e-mail for sending the monies. Insured did not verify by a phone call or other means that the new instructions changing the account numbers was correct. $150,000 was sent to the cyber criminals via ACH as a result and the money is gone. READ MORE >>
Thursday, November 30, 2017The attorney was with a high risk insurance carrier letting his coverage lapse in 2016. He wrongly assumed that it would not be a big deal to get his prior acts back after more than a year and ½.. He had been paying around $7,000 annually to cover his past acts. READ MORE >>
Wednesday, November 29, 2017The ABA Journal recently reported in Holtzman vs Turza, that Illinois CPA Ira Holtzman brought a class action suit against Illinois attorney Gregory P Turza for violating the Federal Telephone Consumer Protection Act (FTCPA) almost a decade ago. 8,430 unsolicited faxes were sent to accountants without an ‘opt-out’ provision. READ MORE >>
Tuesday, November 28, 2017Computer viruses/malware, phishing and social media contribute too many of the hacks of computer systems. But many of the hacks are made easy by passwords that should never be used. Untrained employees are the easiest entrée into your computer systems. READ MORE >>
Monday, November 27, 2017PA Money Grab READ MORE >>
Wednesday, November 22, 2017AttPro Ally - Time to be thankfulIn this issue: Better Safe than Sorry: Emergency Preparedness for Lawyers ’Tis the Season...for Ethical Breaches? AttPro SnippetsRead the full issue READ MORE >>
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