Posted on: September 7, 2023 by Huntersure
Large accounting firms provide a range of financial services to various clients. These complex operations handle vast amounts of sensitive data, make critical financial decisions, and often have a global reach. The scale and scope of these firms expose them to unique liability risks. Mitigating these risks requires comprehensive insurance protection, including professional liability insurance. Understanding […] Read More
Posted on: August 10, 2023 by Huntersure
Insurance agents should understand the unique risk factors associated with professional roles such as architecture, engineering, and design. Clients in these industries need professional liability policies tailored to their specific risk factors. Architects, engineers, and design firms work in specialized fields that depend on precision and accuracy, with devastating consequences for mistakes. The right coverage […] Read More
Posted on: July 27, 2023 by Huntersure
Businesses focused on inspections and testing work in a unique field often filled with regulations. No matter how hard a company tries to follow the rules and deliver services that clients can trust, the unexpected happens. Ultimately, your clients in this industry will need good insurance coverage. Your job as an insurance agent is to […] Read More
Posted on: July 13, 2023 by Huntersure
Professionals in every industry should have insurance coverage to protect their assets against allegations. Lawyers are no different, and most firms should have lawyers professional liability coverage. Therefore, when assisting lawyers in finding coverage, it is critical to understand the importance of contracts within the insurance industry. What Is Lawyers Professional Liability Coverage? About four […] Read More
Posted on: October 10, 2019 by Huntersure
Accountants and financial advisors have great attention to detail and an ability to analyze numbers and find solutions. While these great technical skills are enviable in their trade, it’s the softer skills, such as communications, that may need some sharpening. Business communication for accountants can always be revisited and fine-tuned as some CPAs struggle with […] Read More
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 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 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 on: November 8, 2018 by Huntersure
Insurance policies vary in everything from what’s being covered to who’s being covered. But given the breadth of insurance coverage options, there’s still one major similarity they all have: exclusions. When legal professional clients are weighing their options, they need to know what is covered first, but also need to understand the importance that exclusions […] Read More
Posted on: November 1, 2018 by Huntersure
This blog was originally published on September 12, 2017. It was updated and re-published on November 1, 2018. Conflicts of interest and ethical rules have the power to limit who lawyers represent. It’s important for legal professionals to not cross the line and make sure they’re keeping their work and their intentions in check before […] Read More