L Squared Insurance Agency Blog Page 34
View the latest blog posts from L Squared Insurance Agency.
Thursday, January 19, 2023 What does an ‘Automatic Extended Reporting Period’ (ERP) actually do? For special cases this provision works well but, it normally does not provide any coverage. Firms that think that this provision provides continued coverage for 60 days past the policy expiration date are in for a rude surprise. READ MORE >>
Tuesday, January 17, 2023 Tip 1: Don’t be alone – establishing your network. Tip 2: Backup attorneys – not just for vacation. Tip 3: Establish infrastructure as if it weren’t just you. Tip 4: Follow the calendar. Tip 5: No flying by the seat of your pants – have a real five-year plan. READ MORE >>
Tuesday, January 17, 2023 Cyber in 2023 What cyber risks will define the new year? You don’t need a crystal ball to know some threats, including ransomware attacks, will grow in frequency and severity; or that new digital dangers will emerge, especially in the currently chaotic social media and cryptocurrency scenes. READ MORE >>
Monday, January 16, 2023 Cyber liability insurance is a valuable financial protection for today’s business owner. This insurance provides protection from a number of internet related risks. Risks can range from identity theft to data breaches. This is why an increasing number of companies are seeking cyber liability insurance. READ MORE >>
Wednesday, January 11, 2023 Who does not love a lively verbal debate? Whether it’s about your favorite football team or a politician when done in a friendly manner, it can bring us together. Problems start when it’s in writing. Some of the best advice that my Dad gave me is not to send anything to anybody when you are upset. READ MORE >>
Tuesday, January 10, 2023
CLICK HERE FOR AN ATTORNEY MALPRACTICE QUOTE
This document should not be construed as legal advice. Because the facts applicable to your situation may vary, or the laws applicable in your jurisdiction may differ, please contact your attorney or other professional advisors if you have any q... READ MORE >>
Monday, January 9, 2023 L Squared has notice a disturbing trend with late renewals and non-pay cancellations. The insurance coverage cancellation frequency for premium non-payments and lapsed coverage is on the rise. Partly due to insured staff turnover, partly due to lack of funds. READ MORE >>
Tuesday, December 27, 2022 The admitted and non- admitted insurers write the policy, accept the risk, and pay the claims. From the premiums collected and invested the insurer pools the premiums for claims and expenses associated with running an insurance company. So, what is the difference between an admitted and non-admitted insurer? READ MORE >>
Friday, December 23, 2022 Attorney malpractice insurance, also known as professional liability insurance, is a type of insurance that protects attorneys from claims of professional negligence or wrongdoing. It covers legal expenses and damages that result from a malpractice lawsuit. READ MORE >>
Thursday, December 22, 2022 Legal Malpractice Insurance premiums start at about the cost of a weekly trip to for coffee at your favorite café. So, is the cost of a weekly cup of coffee worth it? Attorneys going bare are in the mistaken belief that their close relationship with clients makes them immune to claims. READ MORE >>
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