Latest Professional Liability Headlines
All the headlines from our Professional Liability Topic Page, ordered by recency.
Berkshire Hathaway Specialty Names VP of Claims, Executive & Professional Lines
Sep 12 2013 // Berkshire Hathaway Specialty Insurance — the recently launched commercial P/C insurance unit of Berkshire Hathaway — continues to boost its team roster. This week it announced the appointment of Todd Greeley as...
Hiscox Adds Cyber Crime Protection for Small, Medium-Sized Businesses
Sep 11 2013 // Hiscox, the international specialist insurer, has added a new cyber crime protection endorsement to its technology privacy cyber portfolio. The cyber crime coverage option provides additional protection against growing...
Burand’s Agency E&O Blog: Tip #45
Sep 11 2013 // Loss Control Results Usually Require Disclosure. An agency that uses non-carrier loss control services, regardless of whether it is a third-party firm or an agency’s in-house loss control service, almost always has...
Burand’s Agency E&O Blog: Tip #44
Sep 5 2013 // Producers Not Having Adequate Knowledge of their Clients’ Industry. An agency can have all the right procedures and even follow all the right procedures and still not mitigate one of their biggest E&O exposures:...
Burand’s Agency E&O Blog: Tip #43
Aug 30 2013 // Offering Cyber Liability. Almost without exception all businesses need cyber liability coverage today and yet relatively few have this vital coverage. The exposures can be significant both from an E&O perspective and a...
Risk Management Services Launches Group E&O Plan for Life, Health Agents
Aug 30 2013 // Risk Management Services (RMS) has established a group errors & omissions insurance plan for life and health insurance agents in partnership with Gotham Insurance Co. Applications must be submitted via the...
Burand’s Agency E&O Blog: Tip #42
Aug 28 2013 // Policies Subject to Audit. Audits are one of the few E&O exposures agencies have that do not involve a claim. A good method for protecting the agency from audit related E&O claims is to disclose what policies are...
QBE North America to Launch D&O Line, Names Grange As Leader
Aug 23 2013 // Jeffrey S. Grange has been appointed head of Management Liability and Professional Lines for QBE North America, which plans to launch a directors and officers (D&O) liability division. Grange has 25 years experience in...
E&O Insights: Producers Play a Significant Role in E&O
Aug 19 2013 // When reviewing errors and omissions (E&O) statistics, it is often alleged that producers cause the issue in more than half of these claims. However, because a producer is alleged to have made the “error or...
Information Technology and Risk Complexity
Aug 19 2013 // In today’s legal environment, nearly every company faces some kind of litigation risk. With the growing ubiquity of technology in not just the corporate market, but the consumer marketplace as well, the risk for...
Berkshire Hathaway Specialty Insurance Hires 2 Execs From Zurich, The Hartford
Aug 16 2013 // Berkshire Hathaway Specialty Insurance — the recently launched commercial P/C insurance unit of Berkshire Hathaway — announced on Thursday the appointments of Leo Carroll as senior vice president, healthcare...
The Hartford Broadens Professional Liability Offerings for Tech Companies
Aug 9 2013 // The Hartford has enhanced its FailSafe suite of professional liability offerings to address the evolving needs of technology companies with expanded coverage for data, systems and networks. “Professional liability is...
Hill Program Managers, Berkley Custom Insurance Form Underwriting Agreement
Aug 6 2013 // Denver-based Hill Program Managers, LLC has formed an agreement to underwrite design professional liability coverage in conjunction with Berkley Custom Insurance Managers, a member company of W. R. Berkley Corp. Hill...
Burand’s Agency E&O Blog: Tip #41
Jul 31 2013 // Accepting Payment After Hours. Many agencies continue to accept premium payments even when closed. Customers put their payments through mail slots, under the door, wedged between the door and the door frame, or by some...
Allied World Bermuda Launches Liability Coverage for ACOs
Jul 29 2013 // Allied World Bermuda has launched a new accountable care organization (ACOs) liability product for Bermuda-based clients. The product provides coverage for ACOs – newly emerging healthcare organizations characterized by...
How Health Law Could Affect Medical Professional Liability
Jul 26 2013 // The U.S. medical professional liability (MPL) market has been profitable in recent years but challenges await MPL insurers because an influx of newly insured patients, coupled with health care delivery system changes,...
Burand’s Agency E&O Blog: Tip #40
Jul 25 2013 // Claims Draft Checks. Not many agencies have claims draft authority any longer, which I consider a positive change relative to what it was 20 years ago. However, a few specific insurance companies continue to believe draft...
Commentary: R.I. Court’s Ruling on Self-Insured Retentions in Med-Mal Policies
Jul 23 2013 // In a surprising decision, the Rhode Island Supreme Court held that a self-insured retention (SIR) endorsement in a nursing facility’s professional liability policy was void. However, the Court’s ruling is broad...
Burand’s Agency E&O Blog: Tip #39
Jul 23 2013 // AOR/BOR Procedures for Benefits. For some unknown reason, I continually find Benefits Producers thinking the P&C AOR/BOR procedures are not applicable to them because the risk on the P&C side does not exist on the...
Here Comes Berkshire Hathaway
Jul 22 2013 // Interview with BHSI’s Peter Eastwood on Building a New E&S Giant When a veteran of CNA joined Berkshire Hathaway Specialty Insurance to lead the new venture’s professional liability division a few weeks...
