Tag Archive for: insurance

Ever wonder what all those letters mean in your firm’s business insurance coverage policies and why they are so important to the ongoing operation of a law firm? Our own Kelley Milks, AHERN Executive Vice President, will demystify what types of insurance your firm should have, determining the correct amount of coverage you should carry, and will update you on new happenings in the business insurance arena. You will come away with the tools and information to be confident at your next renewal meetings and perhaps even be able to throw those acronyms right back!

                                  TITLE: The ABC’s and 123’s of Insurance
                                  PRESENTER: Kelley L. Milks, CIC, CRM, RPLU
                                  DATE: Thursday, June 18, 2020
                                  TIME: 9AM to 10AM PST
                                  COST: FREE for BASF Members ($30 for Non-Members)

In this FREE webinar, you will learn more about:

• Property and Casualty Insurance for Law Firms
• Professional Liability Insurance for Law Firms
• What is trending in the insurance world?
• Open Q&A session at the end of the program

_______________________________________________________________________________________

Kelley Milks, an Executive Vice President at AHERN Insurance Brokerage, has worked in the insurance  industry for over 35 years, specializing in the risks of  law firms for over 20 years. In her role with AHERN,  Kelley provides clients with expertise in all exposures: professional liability, employment practices, workers’ compensation, fiduciary, commercial property and casualty. She holds the designations of Certified Insurance Counselor, Certified Risk Manager and Registered Professional Liability Underwriter. Her responsibilities also include developing new business. Kelley has actively supported the Association of Legal Administrators by providing seminars at national, regional and local events. She has also provided educational classes on the local level for the Certified Legal Managers designation.

Identifying Risky Clients at the Outset

Please join DRI and LawyerGuard® for a complimentary Webinar on November 15th, 2017 that will touch on many different aspects of identifying risky clients, such as different types of risky clients, red flags for identifying risky clients, and types of risky cases. This presentation will also discuss ways to protect the firm through use of various client communication letters.

Who Should Attend

  • Law firms, particularly the individual(s) responsible for risk management within the firm

What You Will Learn

  • How to identify the troublesome client or case
  • How troublesome clients increase your firm’s risk to a malpractice claim
  • What are the red flags of a dishonest client
  • How can client communications letters protect the firm

Webinar seats are limited. Register now!

DATE: Wednesday, November 15, 2017
TIME: 1:00 PM –
 2:00 PM Central

 

Presenters:

Kevin J. Sullivan is the program manager for the LawyerGuard Insurance Program, which provides lawyers’ professional liability insurance to law firms on a nationwide basis. He has over 30 years of professional liability underwriting /management experience, focusing on lawyers’ professional liability since 1995.

 

Thomas P. Sukowicz is a partner at Hinshaw & Culbertson LLP, working out of its Ft. Lauderdale, Chicago, and New York City offices. Tom has focused his practice for several years on advising attorneys on ethics and risk management issues and defending lawyers in professional disciplinary proceedings. He previously spent many years as a staff attorney at the Illinois Attorney Registration and Disciplinary Commission, where he investigated and prosecuted attorneys for professional misconduct.

Our own Kelley L. Milks will be speaking to the Santa Barbara / Ventura Section of the Greater Los Angeles Chapter of the Association of Legal Administrators on Wednesday, August 23, 2017 about Cyber Liability Insurance.

Kelley’s presentation entitled, “The Wild West of Cyber Liability: What You Need To Know”, will cover the History of Privacy, Cyber Liability, Policy Endorsements, and Exclusions you should review carefully. Kelley will help you answer whether your existing policies cover this unique exposure to Cyber threats. Kelley will also explain what you should do before you explore buying coverage and what to know about your existing coverage.

Please click here for more information on how to register for this event.

I’m sure you have all heard about the WannaCry virus trending in the news the past few weeks. WannaCry is a strain of ransomware that was used in a global cyberattack. As of today over 300,000 computers and counting have been affected worldwide. Companies of all types and sizes have found that their systems and files were suddenly inaccessible, while hackers demanded payment within one week of infection.

This growing exposure trend continues without any sign of letting up. The article linked below (provided by Sedgwick LLP) provides excellent advice on steps your firm can take to help mitigate one of the fastest and most frequent exposures we see come across our desks and those of our underwriting partners.

Post active-loss discussions can only address what could have been done and what should be done in the future. But what are you doing to prevent losses right now?

Click here to continue reading the article…

Is ACA compliance on your list of New Year’s resolutions? This handy Compliance Checklist is designed to provide a brief overview of the key ACA compliance requirements and action items so you can prepare to comply in 2017.

Click here to download the 2017 ACA Compliance Checklist…

On December 7, 2016, Congress approved legislation that, among other things, establishes a new tax-favored vehicle for reimbursing employee health care expenses, including individual health insurance premiums.

Click here to download this Benefits Bulletin…

The risk management landscape for collection attorneys has become more difficult over the past few years, given the explosion of FDCPA lawsuits filed against them.  A silver lining, however, is that the vast majority of these suits are frivolous, and can usually be dismissed in summary fashion.

In connection with law firm malpractice insurance however, these suits can present a trap for the unwary.  It is vital that no matter how “bogus” or “innocuous” such a suit appears (or indeed turns out) to be, each and every one of them must be reported to the firm’s current (and potential future) insurer, for the three major reasons.

Click here to continue reading this article…

The 2016 general election has had its fair share of twists and turns. On the Democratic side, we witnessed a titanic clash in the form of the moderate Democratic candidate, Secretary Hillary Clinton, and the more left-leaning Sen. Bernie Sanders (D-Vt.). Meanwhile, the Republican camp quickly turned into an “anyone’s game” situation, out of which emerged one of the most unlikely dark horses in electoral history: Republican presidential candidate Donald Trump.

Regardless of who ends up in the Oval Office next January, this much is certain: there exists a multitude of dynamics that could result in seismic shifts within the US healthcare system.

In this white paper, we’ll look at the key policy issues that have potential to significantly shake up employer-sponsored insurance, and how the candidates have aligned themselves with each issue.

Click here to continue reading…

Malpractice claims are disruptive and hurt the bottom line. By strengthening six key areas of practice management, the risk of claims can be substantially reduced.

Click here to read this article.

Floods can cause devastating damage. If your facility is located in a flood plain area or is prone to flooding, take steps to mitigate damage. If there is probability that your facility will be affected, initiate flood-proofing techniques and preparedness procedures. Preparing for a disaster of this magnitude can help you prevent your business from being washed away.

Click here to continue reading this article…