Latest Professional Liability Headlines
All the headlines from our Professional Liability Topic Page, ordered by recency.
UK Insurer Marketform Expands into U.S. Hospital PL Market
May 23 2013 // Lloyd’s specialist underwriter Marketform will commence underwriting hospital professional liability, comprising medical malpractice and associated general liability insurance, in the United States effective June 1,...
Homeowners not the Only Line of Insurance Affected by Texas Weather
May 20 2013 // Nature’s Perils Drive Cost of Agent E&O Coverage, Too It’s well known that Texas has some of the highest homeowners premiums in the nation – in large part due to the state’s vulnerability to...
E&O Insights: Restaurant and Tavern Risks
May 20 2013 // Chances are just about every town in the United States has a restaurant, tavern or pizza parlor. Pursuing this type of risk, then, is common. Yet before taking that first step, do your homework to help you understand that...
Burand’s Agency E&O Blog: Tip #32
May 15 2013 // AOR/BOR Procedures. If the current agent is so good, why is the insured moving their policy? AOR/BOR selling strategies have increased in popularity exponentially over the last decade. Some sales consultants and producers...
Shores Named President of Berkley’s Monitor Liability Managers
May 15 2013 // Joseph G. Shores, president of Berkley Select, will undertake the additional responsibility as president of Monitor Liability Managers, according to parent company W.R. Berkley Corp. in Greenwich, Conn. Shores succeeds...
E&O Insights: Directors & Officers Liability Is Not Your Normal Insurance Product
May 14 2013 // If you asked 100 insurance professionals on the agency side what one line of business “scares” them the most, it’s likely that directors and officers (D&O) liability would be at the top. The lack of...
Argo Pro to Offer Professional Liability Products Through San Francisco Office
May 9 2013 // Argo Pro, a member of Argo Group International Holdings, Ltd., an international underwriter of specialty insurance and reinsurance products, has expanded its national presence to San Francisco to serve the growing needs of...
Identifying and Mitigating Agent E&O Exposures in the High-Net Worth Segment
May 9 2013 // As the Internet continues to take hold over the independent insurance agent’s market share, the value-added services a broker can provide to their clients are more important than ever, especially in the high-net...
Rockwood Decreases Agent E&O Rates in Massachusetts, California, Texas
May 7 2013 // Rockwood Programs has implemented underwriting guideline changes to its P&C Agents E&O program. The modifications will result in a rate decrease in the states of California, Massachusetts, Nevada, and Texas. The...
Cutting Corners
May 6 2013 // Some inside knowledge and a lot of experience strongly suggests that many agencies and brokers are cutting processing corners. I am not writing about immaterial corners. I am writing about them cutting large, material...
Lopez Named President of Navigators Specialty’s New Professional Liability Unit
May 3 2013 // Navigators Management Co. has named Henry A. Lopez as president of a new Professional Liability unit of Navigators Specialty. Lopez will be responsible for the portfolio of professional liability products, reporting to...
Homeowners not the Only Line of Coverage Affected by Texas Weather
May 2 2013 // It’s well known that Texas has some of the highest homeowners premiums in the nation — in large part due to the state’s vulnerability to violent weather. It may be less known that Texas has some of the...
ACE, Trust Risk Management Launch Small Healthcare Provider Program
Apr 26 2013 // ACE USA’s Medical Risk Group has expanded its relationship with Trust Risk Management Services, Inc. (TRMS) to offer an admitted professional and general liability policy designed to provide insurance protection to a...
Remember E&O When Buying or Selling an Agency: Pearsall
Apr 25 2013 // While the industry seemed to see a spike in mergers and acquisitions activity in 2012 due to some tax implications, many are projecting that 2013 will see some healthy buying and selling, too. While there are many issues...
Burand’s Agency E&O Blog: Tip #31
Apr 24 2013 // Record Retention. It’s not as simple as everyone thinks. Significant and dangerous myths exist relative to this increasingly important topic. The first myth is that “records” means all records, not just...
MarketScout, Ironshore Launch E&O Program for CIC Insurance Agencies
Apr 22 2013 // MarketScout has developed a new errors & omissions facility designed specifically for Certified Insurance Counselors (CIC) to be offered through its relationship with Ironshore Inc., a global specialty insurance...
E&O Insights: Directors & Officers Liability Is Not Your Normal Insurance Product
Apr 22 2013 // If you asked 100 insurance professionals on the agency side what one line of business “scares” them the most, it’s likely that directors and officers (D&O) liability would be at the top of the list....
Wadley to Head New Endurance Pro Insurance Unit
Apr 19 2013 // Bermuda-based Endurance Specialty Holdings Ltd. announced that Daniel Wadley has joined the company as Executive Vice President and Head of its new Endurance Pro insurance unit. He will be responsible for growing the...
Burand’s Agency E&O Blog: Tip #30
Apr 17 2013 // Felony Background Checks. An important step in hiring people. If an employee has a felony conviction and the agency has not obtained the proper waiver from their state’s insurance department, the agency may be...
ACE Expands PL Insurance Products to Address Hospital, Physician Integration
Apr 15 2013 // ACE USA’s Medical Risk Group has introduced a range of physician professional liability insurance products and coverage options in support of hospitals and healthcare facilities for their employed physicians, and...
