The Friday Afternoon Fraud’. Insurers refer to it as a ‘social media fraud’ because cybercriminals lurk on social media looking for information that can be used in a hack. With all the massive data breaches, these cases...
Professional Liability Insurance policies are normally written on a ‘claims-made’ policy form. In its purest form, an unendorsed ‘claims-made’ policy only provides coverage for the current policy term for covered acts that occurred during...
Making a practice of suing clients for unpaid legal fees is like playing the lotto. The more you sue the greater your chances of getting a retaliatory malpractice claim or disciplinary complaint.An attorney will state, “I want to get paid for the work that...
Yes it could mean it is time to get a new device. But there is another possibility. According to a recent BBC Website article, the price of Bitcoins and other cyber-currency has given huge incentives to cyber criminals to mine cyber-currency. This...
As reported in the Insurance Journal, this is an example of why it is difficult to give a definitive answer about how much professional liability insurance coverage you need. Granted this is an extreme example but $214 millions attorney malpractice suits do...