blog Archives | Huntersure

The Cost of a Product Recall

Posted on: September 19, 2019 by Huntersure LLC.

Product recalls can leave a lasting blemish on any company by impacting their sales, reputation, and customer trust. A product recall makes the effort to retrieve and replace defective goods for consumers. When this happens, the cost is absorbed by the company or manufacturer, posing potentially multi-billion dollar losses, like with Volkswagen, which faced an […] Read More

The Differences Between Claims-Made and Occurrence Policies

Posted on: September 12, 2019 by Huntersure LLC.

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

Recent Factors Affecting Professional Liability Claims and Costs

Posted on: September 5, 2019 by Huntersure LLC.

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

Accountant Liability: The Legal Definition

Posted on: August 22, 2019 by Huntersure LLC.

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

The Liabilities in Attorney Opinion Letters

Posted on: August 15, 2019 by Huntersure LLC.

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

Two Big Challenges with Prior Acts Coverage

Posted on: August 8, 2019 by Huntersure LLC.

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

The Main Legal Liabilities of Auditors

Posted on: July 25, 2019 by Huntersure LLC.

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

The Liabilities of Social Media Use for Attorneys

Posted on: July 18, 2019 by Huntersure LLC.

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

The Scope and Limitations of Attorney-Client Confidentiality

Posted on: July 11, 2019 by Huntersure LLC.

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

Lawyer Risk Management: Screening and Rejecting Potential Clients

Posted on: June 20, 2019 by Huntersure LLC.

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