Latest Professional Liability Headlines
All the headlines from our Professional Liability Topic Page, ordered by recency.
Surfing for The Next Agency E&O
Nov 1 2021 // Errors & omissions claims against agencies related to the COVID-19 pandemic have not materialized as feared a year ago. Overall, E&O claims against agencies actually dropped in 2020. That’s basically good...
Agency E&O Survey: More Agencies See Premiums Rise, Again
Nov 1 2021 // According to Insurance Journal’s 2021 Agency E&O survey, 58.4% of respondents saw an increase in their E&O renewal premium from 2020 to 2021, up from 50.2% in last year’s survey. And 61.8% expect...
Castel Targets U.S. Professional Liability Business With Launch of Underwriting Cell
Oct 21 2021 // Castel Underwriting Agencies Ltd. has launched a new underwriting cell, North American Professional Liability (NAPL), to focus on professional service firms’ business in the U.S. The cell is writing both primary and...
Skyward Specialty Adds Cannabis Coverage for D&O and E&O Lines
Oct 14 2021 // Skyward Specialty Insurance Group is broadening its professional and management liability offerings for the U.S. legal cannabis market by adding cannabis-related risk to multiple coverage classes. The company’s...
What’s New in Agency E&O? Participate in This Year’s Survey Today
Oct 8 2021 // Insurance Journal invites buyers of agency errors and omissions insurance to participate in this year’s Agency Errors & Omissions Survey. The survey should take no more than 10 minutes to complete, and will...
Making the Case for Professional Liability in Law Enforcement
Jun 7 2021 // Almost a year ago, I wrote an article, asking the question, Do Police Officers Need to Buy Professional Liability? It’s still a good question and I’d like to explore it again from another direction. What might...
Anderson Benson of Tenn. Appointed Lloyd’s Coverholder for Media Liability E&O Program
May 20 2021 // Anderson Benson, a Nashville-based independent insurance and risk management broker, has been appointed as a coverholder by Lloyd’s of London for a worldwide media liability errors and omissions (E&O) program...
Medical Professional Liability Market Facing Difficult Times
May 13 2021 // Despite a slight improvement in net income in 2020, U.S. medical professional liability (MPL) insurers saw their sixth consecutive year of underwriting losses, according to a new AM Best report. According to the new...
First Indemnity to Offer Excess Professional Liability Coverage for Law Firms
May 12 2021 // First Indemnity Insurance Group, a specialty insurance agency providing professional liability products for lawyers and law firms, has launched Excess Protect insurance coverage for law firms of one to 750...
Core Specialty, DUAL to Offer Primary, Excess Professional Liability Coverage
May 4 2021 // Core Specialty Insurance Holdings, Inc. and its subsidiaries has formed an underwriting arrangement with DUAL Commercial, LLC to provide primary and excess professional liability limits for qualified classes of business....
Houston’s Skyward Specialty Launches Healthcare Professional Liability Group
Apr 28 2021 // Houston-based Skyward Specialty Insurance Group Inc. (Skyward Specialty) has launched its Healthcare Professional Liability practice led by Brenda Craig, April Gilcreast and Chantelle Burton. Underwriting will focus on...
Are Brokers in for a Tsunami of Pandemic- Related E&O Claims in 2021?
Apr 27 2021 // This post is part of a series sponsored by Worldwide Facilities, an Amwins Company. In November 2020, attendees of the Professional Liability Underwriting Society’s first-ever virtual conference warned insurance...
360 Coverage Pros Launches Tax Preparer Professional Liability Program
Mar 31 2021 // 360 Coverage Pros has launched a professional liability insurance program for tax preparers with an online application. The program features liability limits of up to $1 million and is designed for professionals providing...
Errors & Omissions and An Agency’s Value Proposition
Mar 22 2021 // When you go to an errors and omissions (E&O) education program, inevitably, the message contains something like this: “Do not advise that you are a professional or a specialist or otherwise create higher...
E&O-Cyber Incidents Worsened in 2020: Aon
Mar 10 2021 // Aon’s first ever Errors & Omissions/cyber insurance product snapshot presents a pretty dire picture of worsening conditions. There were on average three new E&O cyber matters per business day in 2020, a...
Larry Goanos’ New Book ‘Professional Lines Insurance: An Oral History’ Accounts the Real-World Workings of the Professional Lines Insurance Market
Feb 23 2021 // San Diego, CA (February 23, 2021) – Insurance Journal’s Academy of Insurance today announced the release of “Professional Lines Insurance: An Oral History: The People and Companies that Built a...
Big I Advantage Promotes Juratovic to Assistant Vice President for E&O
Feb 22 2021 // The Big “I” announced that Amanda H. Juratovic has been promoted to assistant vice president of errors & omissions operations at Big I Advantage. Juratovic will lead the Big “I” Professional...
E&O Risks to Agents Extend to Cyber
Feb 22 2021 // Agents are bracing for errors and omissions (E&O) claims stemming from the pandemic when insureds discover they carry inadequate coverage or none at all. Regrettably, agents likely face a similar scenario in cyber...
Berkshire Hathaway Specialty Names 3 Regional Executives for Professional Lines
Feb 18 2021 // Berkshire Hathaway Specialty Insurance (BHSI) has expanded its U.S. Executive & Professional Lines leadership team, naming Shelley Norman as senior vice president, Management Liability, Central region, and promoting...
CFC Enhances E&O Policy for Design, Construction Contractors
Feb 10 2021 // CFC has upgraded its errors and omissions policy for US-based design and construction contractors to include costs for steps taken by the contractor to mitigate against a potential claim where work was not rectified, and...
