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View the latest blog posts from L Squared Insurance Agency.
Tuesday, October 18, 2022 Commonly part of the policy disciplinary coverage is found on admitted and a few non-admitted Legal Malpractice Insurance policies. Insurers that do not offer disciplinary coverage as part of their standard policy seldom will endorse it on. READ MORE >>
Tuesday, October 18, 2022 Prior acts coverage and the ‘claims-made’ policy form are misunderstood malpractice insurance concepts. Misunderstanding these concepts costs professionals millions of dollars in coverage every year. There are two basic property and casualty insurance forms; the ‘occurrence’ policy form and the ’claims-made’ policy form. READ MORE >>
Monday, October 17, 2022 Claims-made insurance policies are designed to provide coverage for covered acts that a claim is made and reported during the policy period. An unendorsed claims-made policy only provides coverage for the current policy term for covered acts that occurred during the policy period and where the claim is made and reported during that term. READ MORE >>
Friday, October 14, 2022 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. Having attorney malpractice insurance is an essential part of any law firm’s safety net. READ MORE >>
Friday, October 14, 2022 Why Do I Need A Fee Agreement? Sitting in 1L Contracts, you were probably more worried about how to define “consideration” rather than how to draft a valid contract. As you have settled into your law practice, you likely prepare and review contracts every day. READ MORE >>
Thursday, October 13, 2022 Avoid losing your prior acts coverage. Many professionals are making career decisions this year. Whether starting out on a new journey as a solo practitioner or forming new partnerships or joining existing partnerships protect your past acts. READ MORE >>
Thursday, October 13, 2022 When confronted with a situation that might result in a malpractice claim, most lawyers, understandably, do not know what to do. They may be tempted to ignore the situation or try and fix the problem on their own. In many cases, a potential malpractice claim can be repaired. READ MORE >>
Wednesday, October 12, 2022 OCTOBER 25 @ 1 PM REGISTER HERE SESSION 10: Are You Covered For That Exposure? The Different Insurance Policies Every Professional Service Provider Should Be Aware Of (1 CPE) Presenter: Rob Ferrini Delivery Method: Group Internet Based | Field of Study: Business Management & Organization READ MORE >>
Tuesday, October 11, 2022 Best Cyber Attack Advice for Clients View “The Legal Perspective,” a webinar by ProWriters President Brian Thorton and Jennifer Coughlin of Mullen Coughlin about legal considerations when a cyber attack happens. READ MORE >>
Tuesday, October 11, 2022 Suing clients for unpaid legal fees can cause your attorney malpractice insurance premiums to increase. With admitted insurers as few as 5 client fee suits for unpaid legal fees in a 2-year period causes the insurer to either decline, non-renew your insurance or place restrictive policy exclusions on your policy. READ MORE >>
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