5 min read
Mark Bassingthwaighte, Risk Manager: Aug 24, 2021
As a risk manager for a nationwide legal malpractice insurer, I am sure it comes as no surprise that I believe the purchase of legal malpractice insurance is a good business decision. I can also anticipate that at least a few of you reading this...
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3 min read
Mark Bassingthwaighte, Risk Manager: Apr 21, 2021
I have been a risk manager here at ALPS for well over two decades now, which helps explain why I personally view the purchase of legal malpractice...
2 min read
Mark Bassingthwaighte, Risk Manager: Sep 16, 2020
Understanding the Tail Coverage Risk for Small Law Firms Just as with small businesses in every sector, small law firms experience widely varying...
2 min read
Mark Bassingthwaighte, Risk Manager: Aug 5, 2020
More than a few lawyers who exclusively practice in the mediation or criminal defense space believe that purchasing malpractice insurance is a waste...
3 min read
Mark Bassingthwaighte, Risk Manager: Jun 10, 2020
Two calls that I recently took almost back to back really surprised me. The first came from an attorney who was retiring in another month or so. He...
2 min read
Mark Bassingthwaighte, Risk Manager: Jan 9, 2020
Prior Acts Coverage With the short history lesson of Part 1 behind us, we can now start to dig into the basics of malpractice insurance. In order to...
2 min read
Mark Bassingthwaighte, Risk Manager: Aug 7, 2019
I suspect having to deal with an allegation of malpractice isn’t something anyone would put on a list of “things I look forward to” for all kinds of...
7 min read
Mark Bassingthwaighte, Risk Manager: Jul 2, 2019
I have yet to read an insurance policy that I would consider a great read. So let’s admit it, insurance policies are rather boring. I suspect few of...
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6 min read
Mark Bassingthwaighte, Risk Manager: Jul 2, 2019
Updated June 2023 An attorney’s decision to use a computer tablet, a cloud-based service such as Dropbox, a smart phone, a Wi-Fi network, or even...
1 min read
Mark Bassingthwaighte, Risk Manager: Jun 3, 2019
Malpractice Insurance Claims made vs. Occurrence-based Coverage Before digging into the basics of legal malpractice insurance, I’m going to share a...
4 min read
ALPS Team: Mar 6, 2019
If you are an ALPS-insured firm and are unsure if you should report a situation, but it is on your mind, just call us and we can talk with you about...
2 min read
John Ries, Claims Attorney: Oct 16, 2018
Your ALPS policy is a “Claims Made and Reported” insurance policy. What does that mean? It means that as a condition precedent to ALPS’ obligation...
2 min read
Mark Bassingthwaighte, Risk Manager: Oct 15, 2018
Under a claims made and reported policy, an insured would have coverage for any covered malpractice misstep that occurs and is reported during a...
