Pearl Insurance

Professional Liability Insurance for Real Estate Professionals, Lawyers, Engineers

[Pearl Insurance @pearlinsurance]

Your client ignored your advice and blamed you for it.

They can allege the warning was insufficient or not properly communicated.

Clear written documentation and signed engagement letters are one of the strongest defenses against that allegation.

[Pearl Insurance @pearlinsurance]

Your accounting client's divorce just made you a target.

Longstanding relationships can lead to subpoenas or allegations.

Clearly defined engagement scope and documentation reduce the exposure.

Engagement letters are your best friend.

Use them.

[Pearl Insurance @pearlinsurance]

Late reporting can void your E&O coverage.

If something comes up, report it early.

Fair Housing compliance and the right insurance protection work together.

[Pearl Insurance @pearlinsurance]

An accounting firm wired client funds to a spoofed email.

Any request to change banking details or wire funds, pick up the phone and verify.

The email looked real.
It came from the right address.
It wasn't legitimate.

[Pearl Insurance @pearlinsurance]

The Fair Housing Act doesn't list source of income as a protected class at the federal level.

But many states do.

If you work across state lines, know what applies in each market.

[Pearl Insurance @pearlinsurance]

Telling a tenant a property won't accept Housing Choice vouchers can trigger a Fair Housing complaint.

So can steering them toward a less desirable listing. Even without intent.

[Pearl Insurance @pearlinsurance]

Cyber criminals don't target big brokerages with full IT departments.

They go after the 5-agent office.
The independent broker working from home.

They know you probably don't have cyber protection.

[Pearl Insurance @pearlinsurance]

Your staff stole client funds and your firm still gets blamed.

Clients look to the accounting firm first.

Internal controls, separation of duties, and crime coverage all need to be in place before it happens.

[Pearl Insurance @pearlinsurance]

You don't have to mean to discriminate for a Fair Housing complaint to be filed.

Inconsistent communication can be perceived as a violation.

Document everything.

[Pearl Insurance @pearlinsurance]

Cyber criminals don't send fake wire instructions on a random Tuesday.

They wait until right before closing when everyone's stressed and nobody's double checking anything.

[Pearl Insurance @pearlinsurance]

Thank you to the @LA4Justice !

For Justice for recognizing Pearl Insurance as a Gold Level Friends of Louisiana Justice 2026 Sponsor.

We’re proud to support Louisiana’s legal community and honored to serve the professionals who strengthen it every day.

[Pearl Insurance @pearlinsurance]

Agent-owned transactions are harder to defend.

When you're the owner AND the agent, you can't say "I didn't know about the property."

You owned it.

[Pearl Insurance @pearlinsurance]

Your client loses $200K to wire fraud.

They're not accepting that.

They're looking for someone to blame. And you're right there.

Lawyers are going to find the money.

[Pearl Insurance @pearlinsurance]

One investigation.
176 complaints.
165 agents.

In early 2025, the Housing Rights Initiative filed Fair Housing complaints against 165 agents, brokers, and landlords in Illinois for voucher discrimination.

Similar actions are happening in NJ and NY.

[Pearl Insurance @pearlinsurance]

Clients asking about the neighborhood?

Don't answer.
Shift the risk back to them.

Give them the resources, let them check for themselves, and document that you did.

[Pearl Insurance @pearlinsurance]

CNA is working with Pearl Insurance, the legal insurance specialist since 1954, to provide coverage solutions trusted by more than 15,000 lawyers just like you.

[Pearl Insurance @pearlinsurance]

@SCBAR Come talk to us and let us help you figure out which protection suits your business best.

[Pearl Insurance @pearlinsurance]

Will you be at the @SCBAR Convention? 

We will have a booth and you can stop by anytime to discuss your options for professional liability insurance and cyber liability coverage.

[Pearl Insurance @pearlinsurance]

And delaying makes resolution harder.

The sooner your carrier gets involved, the sooner the problem goes away.

[Pearl Insurance @pearlinsurance]

A claim is simpler than you think.

Most brokers hear “claim” and think lawsuit.

But the policy definition is far broader.

A demand for money or services = a claim.

[Pearl Insurance @pearlinsurance]

That could be:

→ A $2,000 threat from a client
→ A demand for work outside of the contract.

If you don’t report it immediately, you’re breaking a condition of your policy.