Global specialty P/C insurer AmTrust Financial Services introduced a new admitted lawyers professional liability policy from AmTrust PRO for mid-sized law
With more than 600 special purpose acquisition companies (“SPACs”) currently looking for merger partners, private companies are likely being courted by a number of SPAC suitors.
In a decision addressing several coverage issues under a directors and officers liability policy, a Delaware federal court held that coverage did not extend to claims based on acts.
Berkshire Hathaway GUARD Expands Accountants Policy Into Georgia December 18, 2020
Berkshire Hathaway GUARD Insurance Companies has added Georgia to the list of states where it company offers its Accountants Professional Liability policy. Georgia is now the sixth state that the insurer offers this product to go along with Arizona, Illinois, New Jersey, Pennsylvania, and Texas.
According to Lyle Hitt, chief insurance officer, the Accountants Professional Liability product is targeted toward CPA firms with up to $10 million annual revenue with larger firms considered on a case-by-case basis. The product features limits up to $3 million per claim and deductibles starting as low as $500.