More value for you and your clients - Information for subscribers, exclusively from the Landy Insurance Agency

Real Estate Investing Outlook 2021

- by Erica LaCentra - Despite still being amid a global pandemic, real estate investing is booming. The single-family rental space is primed for continued growth in 2021. Record-low mortgage rates and lack of inventory continue to drive demand for housing. How is the rest of the real estate investment industry fairing and what trends lay on the horizon? ...continue reading

Appraiser Liability & Insurance Update 2021

- by John Torvi - The appraisal profession shrunk in part to low fees and diminishing opportunity. Questions pertaining to liability and insurance coverage were focused on hybrid and third-party inspection concerns. What would be the appraisers’ liability if they signed off on hybrid inspections or those containing data collected virtually from third-party sources? ...continue reading

COVID-19 Vaccine

Considerations For The Real Estate Industry - by Sheri L. Giger, Todd H. Girshon and Joanne Braddock Lambert - The real estate industry faces unique challenges in designing workplace vaccination programs based on the various types of workplaces and the nature of job positions. Whether commercial or residential property management companies, or sales and leasing brokerages, all real estate employers will be affected ...continue reading

Find Your Niche Market During Tax Season

Three Easy Ways to Mine the Profit Potential of Your Existing Client Base This Tax Season - by Gaynor Meilke - While this is one of the busiest times of the year for many firms, it also represents one of the best times to identify new areas of profitability, right within your existing client base. ...continue reading

Choosing Dispute Resolution Provisions in Accounting Firm Engagement Letters

The Cases for and against Juries, Jury Waivers and Arbitration - by Peter Larkin - Attorneys and risk management professionals have emphasized for years that engagement letters are an important and powerful risk management tool for accountants in all types of engagements. One of the more important provisions in a client engagement letter defines how a dispute with a client, if one should arise, would be resolved. ...continue reading

Partnership Agreements

Retirement and Extended Reporting Periods - by Richard Monahan - Whether a partnership has two or more partners, one partner leaving the partnership can have a significant impact on the remaining partners and business. Certified Public Accountants are not immune to problems when a partner retires or withdraws from the partnership. ...continue reading

What’s New

Event Dates
May 5 – Northeast Association of Realtors^® Webinar – "Your Agent Did What? Managing Compliance, Expectations and Liability", with John Torvi, Vice President of Marketing and Sales at Landy Insurance. This webinar will look at how Broker/Owners and managers can effectively develop and use a policy & procedure manual to reduce liability, conflict and non-compliance in a real estate office. | Wednesday, May 5, 1:00-2:00 PM ET | #ProfessionalLiability

June 2 – Landy Webinar – "Third-Party Liabilities", will be presented by Wilson Elser Moskowitz Edelman & Dicker LLP. This webinar will take place on June 2 at 1:00 PM ET and will offer 1 CE credit. Accounting Professionals may Register for this event from the banner ad on several of our Landy Insurance web pages or via our webinar landing page as soon as the registration opens. | Wednesday, June 2, 1:00-2:00 PM ET | #ProfessionalLiability

June 9 – Class – “Appraiser Liability and Risk Management”. John Torvi will be co-presenting a class with attorney George Vinci and Michael Lange, Jr. will moderate. John can be reached at 781-292-5417 or by email johnt@landy.com | Wednesday, June 9, 3:00-5:00 PM ET

June 9 & 10 – ASA-NJ Appraisal Association – Annual Conference (virtual)

June 17 – Insightful Accountant Webinar – "Marketing to Real Estate & Legal Professionals: Understanding Their Unique Needs & How to Get Their Attention", presented by John Torvi, Vice President of Marketing & Sales at Landy Insurance with Gaynor Meilke, CMO at Insightful Accountant. This webinar will provide an overview of the market pressures real estate and legal professionals are facing, define how these businesses operate, examine their unique characteristics, and provide practical strategies to gain them as clients. You can register directly on the Insightful Accountant web site. | Thursday, June 17, 12:00-1:00 PM ET

My Life My Choice
As in previous years, the Landy Agency has made a generous contribution to My Life My Choice, a Boston-Based organization that does important work for victims of sexual trafficking and exploitation. You can learn more about My Life My Choice at www.linktr.ee/mlmc and on their social media sites. Read John Torvi's post on LinkedIn.

Non-Renewals?
Some insurance carriers are discontinuing their Professional Liability Insurance for Real Estate and Appraisal firms in some states. If you or one of your associates receives a Non-Renewal Notice please reach out to John Torvi at Landy Insurance. We have been helping professionals for more than 70 years. John's direct line is 781-292-5417 - we can help.

2021 Accountant's [WEBINAR SERIES]
Landy Insurance and Wislon Elser will be producing four new webinars in 2021. Webinars are provided at no cost to Landy customers. The webinars will continue to cover topics about mitigating risks for Accounting Professionals and Tax Preparers. Licensed participants can earn CE credit and in some cases, discounted premiums.

Each new webinar will be promoted via an E-mail invitation and on the bottom of our Accountants and Bookkeepers pages as they are announced. Our next webinar will be a presentation about 3rd-Party Liability Claims on June 2, 2021.

At the Landy Agency, we never stop working for you! Please let us know how we can assist you in any matter regarding our professional insurance programs, and please share with your co-workers and colleagues. Thank you for your on-going support and we look forward to hearing from you! 

Find us on the web at www.landy.com or call us directly at

800-336-5422 

Herbert H. Landy Insurance Agency, Inc.
100 River Ridge Drive • Suite 301 
Norwood, MA 02062