Call Us 866.940.1101 ☰ ˟
866.940.1101
Logo
  • Home
  • About Us
    • About Us
    • Employee Directory
    • Partners Page
    • Event Calendar
    • Refer a Friend
  • Get A Quote
  • Products
    • Lawyers Malpractice Insurance
    • Accountants Professional Liability
    • Dentist Malpractice Insurance
    • Business Owners Policy
    • Cyber Liability Insurance
    • Workers Compensation Insurance
    • Title Agents E&O Insurance
  • Testimonials
  • Common Terms
    • Common Terms
    • Frequently Asked Questions
  • Blog
  • Contact
Home > Blog > Attorney Malpractice--Consumer Financial Protection Bureau Renamed?
THURSDAY, MAY 4, 2017

Attorney Malpractice--Consumer Financial Protection Bureau Renamed?

Out recent blog about the Consumer Financial Protection Bureau (CFPB) stated that a number of law firms were being contacted about violating consumer protection laws.  Many had signed consent decrees costing this hundreds of thousands of dollars or more.  Normally there is no insurance coverage for Law Firms accused of these misdeeds.

The CFPB currently has broad enforcement powers.  According to the National Law Journal article part of a new bill may drastically change the independence and authority of the CFPB and change its name to the "Consumer Law Enforcement Agency".   Hearings on the 600 page Financial Choice Act have started before the House Financial Services Committee.

Should be interesting to see how this plays out over the next few months.
Posted 12:46 PM

Tags: attorney malpractice insurance, lawyers professional liability insurance, claims
Share |


No Comments


Post a Comment
Required
Required (Not Displayed)
Required


All comments are moderated and stripped of HTML.

NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2013
  • 2011

  • lawyers professional liability insurance(429)
  • attorney malpractice insurance(330)
  • attorney malpractice(319)
  • legal malpractice(223)
  • legal liability(134)
  • data breach(92)
  • cyber insurance(90)
  • ethics(87)
  • erp(53)
  • malpractice insurance(46)
  • claims(39)
  • title agency e&o(36)
  • accountant e&o(34)
  • extended reporting period endorsement(29)
  • tail(26)
  • phishing(25)
  • claims made coverage(19)
  • extended reporting period(18)
  • accountant errors & omissions(17)
  • claims reporting(17)
  • prior acts(17)
  • cyber security(16)
  • legal malpractice insurance(16)
  • cyber liability(16)
  • ransomware(16)
  • claim prevention(16)
  • crime insurance(15)
  • attorney protective cle(14)
  • the hartford weekly newsletter(14)
  • professional liability insurance(12)
  • business owners insurance(11)
  • legal liability insurance(11)
  • retirement tail(10)
  • full prior acts(10)
  • fee suits(9)
  • bop(9)
  • title agent errors & omissions(9)
  • cyber crime(9)
  • accountant errors & omissions insurance(9)
  • prior acts date(8)
  • webinar(8)
  • non-practicing erp(8)
  • cyber liability insurance(8)
  • lawyers(8)
  • claims made(8)
  • employment practices liability(7)
  • attorney protective 2019 free cle webinar(7)
  • non-practicing extended reporting period endorsement(7)
  • malpractice claims(7)
  • policy exclusions(7)

View Mobile Version
Logo
Quick Links
Home Our Products Customer Service Payment Options Common Terms
About Us Refer A Friend Our Carriers Blog Contact Us
Location
2430 Camelot Ct SE
Grand Rapids, MI 49546

Local: 616.940.1101
Toll Free: 866.940.1101
Email: info@L2ins.com
Facebook Twitter Social LinkedIn
© Copyright. All rights reserved.
Powered by Insurance Website Builder