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Category: Insurance & Risk Management


Do you need Excess Insurance?

Lawyers often ask if they have enough insurance. All insured lawyers in the province of Newfoundland and Labrador have mandatory insurance coverage of $1 million per claim with an annual aggregate limit of $2 million.  The $1 million per claim limit means if a disgruntled former client presents a claim against you between July 1,...

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CYBER INSURANCE NOTICE

Why do you need cyber insurance? If you use the internet in any capacity, you and your law firm are targets for a cyber-attack. Cyber-attacks are unwelcome attempts to steal, expose, alter, disable, or destroy information through unauthorized access to computer systems. Cyber insurance provides coverage for lawyers and law firms who may fall victim...

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Loss Prevention Tip #52

Warning re Private Mortgages in Real Estate The following is an excerpt from a fraud warning recently posted to the AvoidAClaim website (provided through LAWPRO, a malpractice insurance carrier for Ontario lawyers), with a scenario that could also threaten Newfoundland and Labrador lawyers: “In a hot real estate market fraudsters are even more motivated than usual – there...

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Notice of Privacy Incident – Homewood Health

As set out in the notice of July 23, 2021, Homewood’s Employee and Family Assistance Program was the victim of a cyber security incident involving unauthorized access to its computer systems. An exhaustive investigation has been completed with the assistance of a leading national cyber-security firm. Description of Incident The data incident involved unauthorized access...

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Loss Prevention Tip #47: Get Cyber Safe 

Get Cyber Safe is a national public awareness campaign created to inform Canadians about cyber security and the simple steps we can take to protect ourselves online. Members may find helpful tips at Get Cyber Safe Guide for Small and Medium Businesses. Learn how to stay safe on-line by: Securing your accounts and learning how...

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