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Friday, June 11, 2021 SESSION 2: DATA BREACH/CYBER - TRICKS, TIPS, and BEST PRACTICES (1 CPE) Presenter: Rob Ferrini In this updated presentation, Rob Ferrini will bring his experience counseling clients to discuss how to best protect your organization's brand, value, and assets in the face of growing data breaches and ransomware attacks. READ MORE >>
Tuesday, June 1, 2021When you buy a liability insurance policy for your business, you are protecting yourself in case you make mistakes that harm others. Because these mistakes might be your fault, you could have a legal responsibility to repay those affected by the problem. Liability insurance is the coverage that helps you do so. READ MORE >>
Friday, May 28, 2021This is a frustration shared by firms that have changed their practice to lower risk AOPs (Areas of Practice). At renewal, the premium did not go down. The firm with prior higher risk AOPs will not see a rate reduction for another year. Legal malpractice insurance applications capture firm history. READ MORE >>
Wednesday, May 19, 2021 Webinar Series Loss Control & Risk Management McGowanPRO and the CPAOnePro Accountants Professional Liability Program are pleased to offer the following Live Risk Management Webinar Series for all McGowanPRO clients and friends. These exclusive webinars offer CPAs valuable risk management tools that experts in the accounting profession are presenting. READ MORE >>
Wednesday, May 19, 2021Many people believe that large companies face the greatest cyber liability risks—a belief that’s reaffirmed each time a major corporation’s data breach makes headlines. But, it’s actually startups and small businesses that are the most vulnerable. Why? READ MORE >>
Friday, May 14, 2021Your malpractice insurer sent a Reservation of Rights Letter (ROR) after claim is reported. Don’t panic this does not mean your insurer is going to deny your claim. An ROR is a standard procedure for malpractice insurance claims departments. READ MORE >>
Tuesday, May 11, 2021Why you do not need both. 1st dollar defense (FDD) is also called a loss only deducible. Whichever name is used they mean the same thing. With FDD the insured is only responsible for the deductible if there is an indemnity payment required on the claim. READ MORE >>
Monday, May 10, 2021 The restaurant revitalization fund (RRF) is a great program to help businesses struggling by the impact of COVID-19. While it may very well help these businesses, CPAs need to be vigilant and study the many nuances of the new program. Client screening, documentation, and engagement letters are essential in avoiding professional liability claims. READ MORE >>
Friday, May 7, 2021The Innocent Insured Clause provides coverage for individuals that are firm members for deliberate acts that normally are excluded from coverage providing that those individuals had no knowledge and/or did not participate in the acts. READ MORE >>
Thursday, May 6, 2021Contractual Liability is a common attorney malpractice policy exclusion. As there is not a common policy form this ‘exclusion’ may or may not be found in the policy exclusion section. The different exclusion wording appears in many different policy form sections. READ MORE >>
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