Does Your Professional Liability Cover Identity Theft?

CPAMutual Insurance Company of America has created a new professional coverage policy endorsement that covers data breach and identity theft issues as they relate to both you and your firm and your firm's clients. Whether a laptop, flash drive, or other media is accidentally lost or intentionally stolen, whether a file is sent in an accidentally misdirected e-mail or compromised due to a virus, the damage to the client's finances and the CPA's reputation could be significant. This policy endorsement may help control the situation and limit the damage to all parties involved. Download the Data Breach Endorsement example, or contact us directly. Call Bill Thompson or Beverly Bullard at 800-543-3029.