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Posted on: September 12, 2019 by Huntersure
Liability policies for clients are usually broken down into two categories: occurrence or claims-made. This system helps to streamline the process of handling claims, expediting everything from payouts to updating a current policy’s limits. An occurrence policy provides coverage for claims that result from an injury or another event that occurs during the term of […] Read More
Posted in: blog
Posted on: September 5, 2019 by Huntersure
There are a number of factors that play a role in professional liability risk insurance. From economic issues to nationwide litigation trends, the professional liability insurance market can change at the drop of a hat. In 2019, financial and professional liability insurance rates in the U.S. increased by seven percent and will probably continue to […] Read More
Posted in: blog Professional Liability
Posted on: August 22, 2019 by Huntersure
Accountants have a lot on their plate during tax season, but in reality, their work never really ends. And when it comes to dealing with a company’s taxes or someone’s personal financial information, there is plenty of room for mistakes to be made. An accountant’s liability describes the legal liability assumed while an accountant performs […] Read More
Posted in: Accounting blog
Posted on: August 15, 2019 by Huntersure
Attorneys in both large and small law firms represent their clients in complex transactions, leaving the door open for plenty of liabilities and risks. While it’s their job to know these liabilities and work around them legally, there are still times when attorneys make even the smallest mistake, landing them in legal trouble of their […] Read More
Posted in: blog Lawyer's professional liability insurance legal liability
Posted on: August 8, 2019 by Huntersure
A difficult concept for purchasers of professional liability insurance is what prior acts coverage refers to as well as claims-made policies. A negligence claim against a lawyer or any other type of professional, such as an accountant, typically evolves from services that were provided many years before the time of the claim. With this in […] Read More
Posted in: blog Professional Liability
Posted on: July 25, 2019 by Huntersure
Every year, tax professionals gear up for a lively financial season that starts in January and carries on through the summer when most people choose to begin making their tax payments. For auditors, the entire year is basically one big tax season, so concerns about legal liability and their responsibilities can virtually be under the […] Read More
Posted in: Accounting blog
Posted on: July 18, 2019 by Huntersure
Social media use has filtered its way into our bloodstream as a society since sites like Facebook and Twitter began taking hold of the average American’s attention over a decade ago. Naturally, social media use expanded out to other areas besides posting baby pictures and finding out about the latest restaurant in your neighborhood. Businesses […] Read More
Posted in: blog Lawyer Lawyer's professional liability insurance legal liability
Posted on: July 11, 2019 by Huntersure
In any legal case, clients have every right to worry about their sensitive information being leaked or exposed. Whether it’s a business-related legal matter or personal, the client is putting their faith in the hands of their attorney or representation to keep their information safe. By its very nature, the attorney-client relationship allows an invaluable […] Read More
Posted in: blog Lawyer Lawyer's professional liability insurance legal liability
Posted on: June 20, 2019 by Huntersure
Clients seeking out the right legal representation have a lot to consider, including reputation, price, and the lawyer’s track record of winning cases. But it’s just as important for the lawyer in question to be just as risk-averse when picking up a new client. Risk management is most effective before the attorney-client relationship begins, as […] Read More
Posted in: blog Lawyer Lawyer's professional liability insurance legal liability
Posted on: June 13, 2019 by Huntersure
Confidentiality agreements, or clauses, in settlement cases draw the line in legal matters today. Breaking a confidentiality agreement can lead to a breach of contract situation, which will then in turn bring on damages to the party that broke the clause. Defendants in a case usually force plaintiffs into confidentiality agreements as most plaintiffs don’t […] Read More
Posted in: blog Lawyer Lawyer's professional liability insurance legal liability