Posts Tagged ‘malpractice’

Oops one of your lawyers isn’t really a lawyer! It just happened again to another firm. What should you do?

There is a new fraudster exposed who was posing as a lawyer.  While it’s early in the investigation, it seems as if Mark Pastuszak has worked at two prestigious NY law firms claiming to be a lawyer admitted inNew YorkandNew Jersey.  In truth, he was admitted in neither.  At blog press time, his law school […]

The 10 Point Professional Liability Insurance Comparison Checklist

The 10 Point Professional Liability Insurance Comparison Checklist:  The fine print that you need to know in buying professional liability insurance.  Part 1. When competitively bid, premiums were down another 10-15% for most law firms on their renewals.  But comparing quotes is more complex then just the premiums and deductibles.  You have to rely on […]

The Big Lie II in Professional Liability Insurance

The Big Lie II in Professional Liability Insurance

The Big Lie in Professional Liability Insurance

The Big Lie in Professional Liability Insurance

7 Habits of Highly Effective Professional Liability Insurance Applications

Your professional liability application is the single largest piece of information that insurance company underwriters use to determine what premiums and terms they offer.  As brokers, we spend a considerable amount of time helping our clients put their firm in the best light possible with their application.  This is a time consuming process for all […]

The 5 shopping steps for your professional liability insurance

The timeline for shopping your professional liability insurance is the bedrock foundation of the shopping process.  Waiting to start shopping until you receive your renewal quotes can be disastrous.  Therefore, philosophy number one is ASSUME that your renewal quote will be terrible.  Be prepared for the worst case scenario.  Many times, your renewal quote will be competitive for your consideration, […]

The One Big Thing – Why shop and how to do it right

Over the next few weeks, we will be posting a series of strategies to help law firms improve their professional liability insurance policies.  These ideas improve the terms offered and lower the premiums.  We’ll cover the small stuff and the big stuff.  Today, we’ll address the big one – shopping your professional liability insurance. There […]

Don’t fall prey to this insurance scam against law firms!

Tail insurance is the biggest scam against unsuspecting law firms.

The Record is Broken!

So guess what has dropped the most in price in 2009 in lawyer’s malpractice policies? The winner for 2009 is … Excess Limit. The record for the floor premium has been smashed for excess liability insurance. Typically an Excess Limits policy is coverage beyond a primary layer of a $5 million policy. If there ever […]