Tuesday, June 20, 2017Claims made policies normally contain a prior acts date. Firms face a dilemma when they have trouble renewing claims made coverage at a ‘reasonable’ price. Sometimes it is tempting to renew coverage without the prior acts being maintained to save money. READ MORE >>
Monday, June 19, 2017Policy premium and forms are very important when selecting a Professional Liability Insurance policy. But there is much more that an Attorney or Accountant should be concerned about when selecting a malpractice insurance carrier. Thinking that that you are asking all the right questions when asking what the AM Best rating is for insurance carriers? READ MORE >>
Friday, June 16, 2017In Errant Gene Therapeutics, LLC v. Sloan-Kettering Institute for Cancer Research, a protective order stated:
“Confidential and Attorneys’ Eyes Only information shall be used by the Receiving Party solely for the purposes of preparation for trial, pretrial proceedings, and trial... READ MORE >>
Thursday, June 15, 2017In Continental Casualty Company (CNA) v Joseph J Boughton Jr, CNA was allowed to rescind coverage even after CNA agreed to pay $12,500 to reimburse one of the accounting firm’s owners for his legal costs. The CPA firm Marshall Granger & Co LLP was jointly owned by Mr. Laurence M Brown & Ronald J Mangini. READ MORE >>
Tuesday, June 13, 2017Formal Opinion 477 provides new guidelines when using e-mail communication with clients. The new standard balance the protection levels needed when using electronic communication with clients. The standard of ‘reasonable effort’ to unauthorized access of internet client communication needs to be followed. READ MORE >>
Monday, June 12, 2017With cyber-attacks frequency increasing, we continue to blog about the need for Cyber Insurance/Data Breach Coverage. But just what policy should you buy? Unfortunately there is no right answer to that question. With Cyber Insurance being very new there is no policy or coverage standardization. READ MORE >>
Friday, June 9, 2017Whether you are a law firm, accounting firm, title agency, dental practice or anther type of business, any business can have a law suit brought against them. Making sure that your firm has the proper insurance coverage could make the difference from staying in business with some pain to going out of business or going bankrupt. READ MORE >>
Thursday, June 8, 2017See the Rest of the Story. When Attorney Malpractice Prior Knowledge is not Prior Knowledge Blog
It is important to know when to put your Attorney Malpractice Insurance Carrier on notice. Most malpractice policies require the insured to put the malpractice insurance carrier on notice... READ MORE >>
Wednesday, June 7, 2017Many businesses, including Law Firms, Accounting Firms and Title Agencies are out of business when the power goes off. The days of the green eye-shades are long gone. According to The Hartford Article,power outages are one of the most common business disruptions that you need to be prepared for. READ MORE >>
Tuesday, June 6, 2017Previously we reported on Kentucky Attorney Conn who plead guilty to gaming the social security System out of over $550,000,000. According to the ABA Journal Attorney Conn cut his ankle bracket and has disappeared. The FBI has issued a warrant for his arrest. READ MORE >>
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