Camico Mutual Insurance, a CPA-owned professional liability insurer, has begun offering an employment practices liability insurance program to provide CPA firms with defense and indemnity coverage against allegations such as harassment, discrimination and retaliation.
The coverage applies to full-time, part-time and contract workers at the firms, as well as the employees of clients. "It protects the client, too, so the client doesn't have to worry about filing a claim," said Dan Crouch, a spokesman for Camico. "If the CPA firm's employee made some ill-advised remark or did something that caused the client's employee to make an allegation, the insurance would protect against that."
Register or login for access to this item and much more
All Accounting Today content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access