Click Some Broad Guidance for CPAs on the Post-COVID-19 Reopening of Your Office
By Rickard Jorgensen, FCII, ARM, ACIArb CPA Firms have a number of questions when planning the office reopening process. The most significant challenge is staff safety, as well as clients and other visitors. Liability if someone is contaminated, especially staff, is uncertain and Government guidance often. It is wise to continually monitor guidelines from the […]
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jorgcpa - Posted in Accountants' risk management, Back to work, Coronavirus, COVID, lawsuit, Management liability, reopening your office, risk management, Uncategorized
Jun, 09, 2020
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COVID-19 and management liability: how can D&O coverage help in this pandemic
by Rickard Jorgensen, FCII, ARM, ACIArb. There has been a lot of news about the desire to obtain coverage for COViD-19 claims under a business interruption policy. The legal fights with insurers and proposed laws to retroactively secure coverage for various business are reported every week (see a recent article about a law proposed in […]
- Posted by jorgcpa
- Posted in Accountants' professional liability insurance, Accountants' risk management, Coronavirus, Corporate Indemnification, coverage limitations, COVID, D&O, definition of professional services, Directors and Offices, indemnification clause, insurance, Management liability, Outside Directorships, policy wording, professional liability claims, Professional Services
- May, 01, 2020
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What You Don’t Know About The Coronavirus
Since the new coronavirus began it’s spread from Wuhan, China, to other countries public health officials have struggled to keep up with the potential threat that it poses to millions of people around the world. The first case in the US was reported this week. This virus, called the “novel coronavirus,” or COVID-19, is a […]
- Posted by jorgcpa
- Posted in Accountants' professional liability insurance, Accountants' risk management, Coronavirus, insurance, Management liability, professional liability claims
- Feb, 28, 2020
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Private Company Management Liability Claims
by Rickard Jorgensen, FCII, ARM, ACIArb We recently developed and filed a new endorsement for the CPAGold™ program which adds coverage for Management Liability (otherwise known as Directors’ and Officers’ liability) claims. Coverage is subject to a specific application and provides for defense and indemnification for a variety of scenarios arising from the management of […]
- Posted by jorgcpa
- Posted in Claims, D&O, Management liability, policy wording, risk management, Uncategorized
- Apr, 11, 2019
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Management Liability for CPA firms
by Rickard Jorgensen, FCII, ARM, ACIArb. Recently CPAGold™ added a new optional endorsement to the program which provides protection from management liability claims against the executive team of a CPA firm. Many professional partnerships now employ a more corporate, business-like style to firm management. When a management or executive committee (or sometimes one individual) assumes […]
- Posted by jorgcpa
- Posted in Accountants' professional liability insurance, Comprenhensive coverage, Corporate Indemnification, D&O, Management liability, policy coverage, policy wording
- Apr, 11, 2019
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