L Squared Insurance Agency Blog: lawyers professional liability insurance
View the latest blog posts from L Squared Insurance Agency.
Thursday, January 25, 2018In speaking with malpractice insurers, what the insurers call ‘social media fraud’ in many cases is ‘The Friday Afternoon Fraud’. Insurers refer to it as a 'social media fraud' because cybercriminals lurk on social media looking for information that can be used in a hack. READ MORE >>
Tuesday, January 23, 2018Making a practice of suing clients for unpaid legal fees is like playing the lotto. The more you sue the greater your chances of getting a retaliatory malpractice claim or disciplinary complaint. An attorney will state, “I want to get paid for the work that I do, so why does my Lawyers Liability Insurance carrier care? READ MORE >>
Wednesday, January 17, 2018 Lawyers chose to go without malpractice insurance believing because they work for a small firm and maintain close relationships with their clients they are immune to claims. Other attorneys believe that the chances of them facing a claim aren’t great enough for them to purchase a Lawyers Liability Malpractice insurance policy. 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 >>
Wednesday, January 10, 2018Yesterday’s blog dealt with a data breach that did not use a computer. There are many ways to compromise personal confidential information without a computer. This is a recent example of what can happen: As with many older law firms, this firm had too many client files for its actual office space. READ MORE >>
Thursday, December 28, 2017 Unlike many other types of insurance, Attorney Professional Liability Insurance cannot be bound without the malpractice insurer’s specific application. Some malpractice insures will use a competing insurer’s new business application but this is the exception rather than the rule. READ MORE >>
Tuesday, December 26, 2017Always hate to have to tell someone no. This is an actual e-mail, minus names, places and insurance carriers that came in recently. Question from Attorney: I have been an attorney for almost 30 years. I handle personal injury and workers' compensation cases for plaintiffs/petitioners (95% of my work). READ MORE >>
Wednesday, December 20, 2017A recent article from The Dentons, “You’re Facing a Malpractice Claim; Don’t Make it a Bad Situation Worse”, gives advice on what to do after the mistake has been made. Every so often we have law firms that actually make things much worse. READ MORE >>
Tuesday, December 19, 2017 With Christmas just around the corner and New Year not far off, many law firms’ partners and staff are getting ready to have a few well-earned days off. Not to put a damper on the Xmas cheer, but many law firms’ also renew their attorney malpractice insurance at year end. READ MORE >>
Thursday, December 14, 2017 Question coming with frequency from lawyers; “Does attorney malpractice insurance cover my ‘marijuana practice’?” The short answer to this question is there is no specific exclusion in almost all lawyer’s professional liability insurance policies for a ‘marijuana practice’. READ MORE >>
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