Latest Professional Liability Headlines
All the headlines from our Professional Liability Topic Page, ordered by recency.
BHSI Offers Cyber Liability Cover in New Zealand; Marshall to Lead Product Line
Jul 28 2016 // Berkshire Hathaway Specialty Insurance Co. (BHSI) announced that it has introduced cyber liability insurance in New Zealand and appointed Ian Marshall to lead the product line locally as senior underwriter, Executive &...
BHSI Expands Financial Institutions Cover in Canada; Knight Leads Product Line
Jul 25 2016 // Berkshire Hathaway Specialty Insurance (BHSI) announced that it is introducing four new executive & professional lines products for financial institutions and named Andrew Knight as national director of Financial...
What to Know About Liability and Legal Costs for Apps
Jul 25 2016 // The purchase and use of smartphones, tablets, wearable computers and other mobile computing devices (MCDs) connected to the internet have experienced staggering growth in the past several years. Soon after the Apple App...
Uptick in Lawyers’ Liability Claims; Business Transactions Top Claim: Study
Jul 22 2016 // Law firms have seen an increase in the frequency of malpractice claims, which are becoming more costly to defend and could cause lasting reputational damage, according to a new study by insurance broker Ames & Gough....
Berkshire Hathaway Purchasing New York Medical Liability Insurer
Jul 18 2016 // Berkshire Hathaway subsidiary National Indemnity Co. is acquiring Medical Liability Mutual Insurance Co. of New York for an undisclosed price. The deal comes as the insurer completes its conversation from a mutual company...
Sompo Canopius Names Banez as Head of US Financial & Professional Lines
Jul 18 2016 // Sompo Canopius AG announces has hired Laurie Banez as head of U.S. financial and professional lines. Banez is based in the New York office and reports to Stephen Hartwig, group head of casualty. She joins from Argo Pro...
BHSI Launches A&E Professional Liability Policy with Cyber Insurance
Jul 12 2016 // Berkshire Hathaway Specialty Insurance (BHSI) has introduced Professional First architects & engineers (A&E) professional liability insurance in the U.S. The new policy’s cyber coverage addresses media,...
Contractor’s Professional Mitigation of Damages Coverage
Jun 20 2016 // As contractors’ professional liability insurance products continue to develop and evolve in the marketplace, many contractors aren’t aware of a new “first-party” coverage that has become available...
Brokers Dealing with Soft Market, ‘Market Fatigue’ in Medical Professional Liability
Jun 20 2016 // Are insurance brokers experiencing “market fatigue” in the medical professional liability line of insurance right now? Could be, according to Daniel Nash, senior vice president of Field Operations and Business...
CAMICO to Offer Enhanced Coverage for CPA Firms Through New Berkley Company
Jun 17 2016 // CAMICO, a CPA-directed program of insurance and risk management for the accounting profession, and Berkley Alliance Managers (BAM), a W. R. Berkley Company, have announced new insurance policies with enhanced coverage....
XL Catlin Launches Wholesale Contractors’ Pollution, Professional Coverage
Jun 15 2016 // XL Catlin’s North America Environmental insurance business has introduced a new wholesale pollution and professional insurance policy designed to help U.S. trade contractors address their contractual obligations to...
Court Hears Appeal of Expanded Joint Employer Liability Rule
Jun 8 2016 // A California waste management company at the center of a closely watched case told a U.S. appeals court on Tuesday that the new U.S. labor board standard for “joint employment” is so broad and vague that it...
Allianz Corporate Specialty Adds 3 to Cyber Insurance Team for North America
Jun 7 2016 // Allianz Global Corporate & Specialty (AGCS) has expanded its North American cyber insurance team with three industry professionals: Laura Burke, Daniel J. DeLoof and Lester Shearn. Emy R. Donavan was also promoted to...
Agency E&O and Carrier Insolvency: Things Stay the Same
Jun 6 2016 // Insurance company insolvency has been a thorny issue spanning many decades. The only consistency is that there is no one solution and that an agent can be held liable for placing coverage with a company that becomes...
XL Catlin Adds Rectification Expense Coverage to Contractors’ Policies
May 27 2016 // XL Catlin’s Environmental insurance business has added new protection to its Contractor’s Professional and Pollution Legal Liability insurance to help contractors and environmental consultant clients absorb the...
Stortzum Joins Alliant’s ProQuest Division in Chicago
May 26 2016 // Lawyers professional liability specialist Nate Stortzum has joined the ProQuest division of Alliant Insurance Services as vice president. Stortzum is based in Chicago Prior to joining ProQuest, Stortzum was Midwest...
Brokers Dealing with Soft Market, ‘Market Fatigue’ in Medical Professional Liability
May 24 2016 // Powered by InsuranceJournal.tv Are insurance brokers experiencing “market fatigue” in the medical professional liability line of insurance right now? Could be, according to Daniel Nash, senior vice president of...
Berkshire Hathaway GUARD Adds Lawyers PL Program, Plans Other Product Launches
May 23 2016 // Berkshire Hathaway GUARD Insurance Companies is now offering a lawyers professional liability policy in California, Maryland, New Jersey, Pennsylvania, Texas, and the District of Columbia with ten more states planned in...
Arch Insurance Europe Names Shulman as President & CEO
May 20 2016 // Arch Insurance Europe announced that Matthew Shulman will be appointed president and chief executive officer, effective July 1, 2016. Shulman joined Arch Insurance U.S. in 2009 and currently serves as executive vice...
XL Catlin Enhances Professional Liability Insurance for Small A&E Firms
May 17 2016 // XL Catlin’s design professional insurance business has increased the limits of its smartADVANTAGE professional liability insurance policy and improved policy terms for architectural and engineering firms in the U.S....
