Risky Records is a video podcast that discusses risk management topics for accounting firms with special guests from the legal, accounting, and insurance professions. We close the conversation by pulling a vinyl record from Stephen Vono’s collection and...
Engagement Letters are critical to defending a claim against an accounting firm. Many times a well-written engagement letter stops a claim in its tracks. Plaintiff attorneys may not take action against an accounting firm because the clauses in the engagement letter...
Suspended and/or disbarred attorneys look for malpractice coverage because of cancelled or non-renewed policies. So, it begs the question can a suspended attorney obtain an attorney malpractice insurance policy?Expect a suspension exclusion from insurers. Insurance...
Do not expect insurance policies to cover deliberate acts. To that end a common attorney malpractice insurance policy exclusion is for notarizing documents without getting properly verification of the person’s identity.Expect a claims denial for firms that...
Attorney malpractice insurance policies cover lawyer professional services. Attorney malpractice insurance policies exclude coverage for attorney provided services requiring a separate license.The ProAssurance policy has an exclusion for these services:“any...
