accountants professional liability News

Berkshire Hathaway GUARD Offers Accountants Professional Liability in Pennsylvania

Berkshire Hathaway GUARD Insurance Companies recently announced it added Pennsylvania to the list of states where the insurer offers its Accountants Professional Liability product. In 2016, it began writing Professional Liability for a limited number of classes in 13 states …

The Hanover Enhances Accountants Professional Lines Product

The Hanover Insurance Group, Inc. has added enhancements to its Hanover Accountants Professional Advantage product and its Hanover Allied Healthcare Advantage offering. Hanover Accountants Professional Advantage offers standalone coverage for a range of professionals, from small tax preparers to top …

British Court Awards $11 Million to EY Whistleblower Who Exposed Money Laundering

A British court awarded $11 million in damages and expenses on Friday [April 17] to a former partner at global accounting firm Ernst & Young who exposed money laundering at a major gold refinery in the United Arab Emirates. Amjad …

CAMICO Simplifies Professional Liability Application for Small Accountant Firms

CAMICO, a nationwide CPA-directed program of insurance and risk management for the accounting profession, has introduced a new insurance application for smaller CPA firms. The online, interactive application guides users through a three-step process for accountants professional liability (APL) insurance. …

Argo Pro Enhances E&O Coverage for Professional Services Firms

Argo Pro, a member of Argo Group International Holdings, Ltd., has launched a new Argo PROtect line of products and enhanced errors & omissions (E&O) forms for four different classes of professional services. The following E&O PROtect forms are currently …

CAMICO to Offer Enhanced Coverage for CPA Firms Through New Berkley Company

CAMICO, a CPA-directed program of insurance and risk management for the accounting profession, and Berkley Alliance Managers (BAM), a W. R. Berkley Company, have announced new insurance policies with enhanced coverage. Policies are issued by W. R. Berkley Insurance Group …

Forrest T. Jones Launches Accountants Professional Liability Program

Forrest T. Jones & Company (FTJ) has completed an agreement with Liberty International Underwriters (LIU) to serve as the program administrator for LIU’s national accountants’ professional liability insurance program for accounts with annual revenues up to $5 million. FTJ will …

CAMICO Broadens Protection for Continuously Renewing CPA Policyholders

CAMICO, a nationwide CPA-directed program of insurance and risk management for the accounting profession, has broadened protection for potential professional liability insurance claims known to policyholders who continuously renew their CAMICO Mutual Insurance policies. Known as “Continuity of Coverage for …

QBE, Jorgensen & Co. to Offer Accountants Professional Liability Coverage

QBE North America and Jorgensen & Co., a specialist professional liability managing general underwriter, have formed an underwriting agreement to provide accountants and consultants professional liability insurance (APL). According to Don Allard, senior vice president, Specialty Programs at QBE, this …

Lockton Affinity, Monitor Liability Managers Partner on Accountants’ PL Program

Lockton Affinity, the affinity program management division of Lockton Cos., has selected Monitor Liability Managers (Monitor), a W. R. Berkley Company, for its national certified public accountant (CPA) professional liability program. The Lockton Affinity team currently serves more than 1,700 …