Is an Attorney Malpractice Insurance Tail (ERP) Truly “Full Prior Acts”? When attorneys consider purchasing an Extended Reporting Period (ERP), also known as “tail coverage,” a common question arises: Does the ERP provide Full Prior Acts coverage? Let us break down...
Free CPE Webinar for Accountants – Engagement Letters A to Z (1 CPE) July 14, 2026 1PM Presenter: John F Raspante CPA, CDFA, MST Delivery Method: Group Internet-Based Field of Study: Business Management & Organization Engagement Letters are a very important...
Understanding Malpractice Tail Coverage When an Insurer Stops Writing Coverage If your malpractice insurer stops writing professional liability policies, it is natural to feel uncertain, especially when it comes to your Extended Reporting Period (ERP), also known as...
Understanding Legal Malpractice Insurance Step Rating If your law firm recently purchased legal malpractice insurance or is preparing for its first renewal, you may notice that your premium increases even when you have no claims. Certain attorneys find this confusing,...
What Happens to Lawyers Professional Liability Coverage After Leaving a Law Firm? Understanding Lawyers Malpractice Coverage When Leaving a Firm A common misconception among attorneys is that their fully paid professional liability (malpractice) insurance continues...