Understanding Accountant Malpractice Liability Exposure

Accountant malpractice liability claims typically decline during a strong economy like we have now, according to a recent article in Accounting Today titled, “Accountants’ Malpractice Liability: Fewer Claims but More Risks.” Numerous accountant malpractice liability risks remain, however, including but not limited to emerging issues in cybersecurity, online sales tax questions in the wake of…

Florida Supreme Court to Address Insurer Right to Sue Defense Counsel

Earlier this year, the Fourth District Court of Appeal of Florida (Fourth DCA) concluded in Arch Insurance Company v. Kubicki Draper, LLP, that an insurance company that hires a lawyer to defend one of their insureds has no standing to bring a malpractice claim against the lawyer who is hired to represent the insured.  Following…