Latest Professional Liability Headlines
All the headlines from our Professional Liability Topic Page, ordered by recency.
New Ventures Ready, Waiting for Market to Turn
May 7 2012 // The time appears to be right for new ventures including program managers, wholesaler brokers and retail agencies despite uncertainty with the economy and insurance market. Why are these companies starting these endeavors...
Protective Specialty Launches Allied Health Medical Professional Liability Product
May 4 2012 // Protective Specialty Insurance Co. will now offer an allied health medical professional liability product. It is designed for both entities and individuals in more than 250 subclasses. In addition to customized insurance...
ACE USA Enhances Hospice Insurance Products
Apr 27 2012 // ACE USA’s ACE Medical Risk Division now offers an endorsement for hospice care eligibility requirements. This new enhanced hospice care eligibility recertification endorsement serves as an amendment to ACE’s...
ThinkRisk and OneBeacon Announce [in]FUSE – Insurance Agents & Brokers Professional Liability Protection
Apr 27 2012 // Chicago, IL, 04/27/12 – ThinkRisk Underwriting Agency, LLC and OneBeacon Professional Insurance join forces to announce the launch of a new Professional Liability Policy for Insurance Agents & Brokers. The...
ACE USA, RPS Healthcare Expand E&O Coverage for Podiatrists
Apr 16 2012 // ACE USA’s ACE Medical Risk Division now offers increased reimbursement limits for legal expenses incurred because of an action by a federal or state agency arising from a podiatrist’s participation in the...
How Health Care Reform Will Reshape the Medical Malpractice Market
Apr 16 2012 // The Supreme Court is holding the fate of the Patient Protection and Affordable Care Act of 2010 in its hands, but that hasn’t stopped the medical malpractice liability market from developing new products and taking...
Business Moves – South Central
Apr 16 2012 // Louisiana Agency Partners, The Kirksey Agency Louisiana Agency Partners (LAP) announced that The Kirksey Agency in West Monroe, La., has become the 12th member agency of the Louisiana-based network of independent insurance...
Nearly 3K Medical Professional Liability Claims Closed in Ohio in 2010
Apr 12 2012 // Close to 3,000 medical professional liability claims were closed in Ohio in 2010, regulators report. The Ohio Department of Insurance’s annual Ohio Medical Professional Liability Closed Claim Report for 2010 showed a...
Chartis Introduces Package Policy for Schools, Associations, Public Entities
Apr 10 2012 // Chartis has introduced Leaders Risk Protector, a modular insurance product expressly designed for schools, associations and public entities that was developed by its Financial Lines division. Underwritten by the Chartis...
160-Year Old Hanover Retaking Its Place as P/C Industry Leader
Apr 3 2012 // Eight out of 160 years of history may not seem like a big deal but for Hanover Insurance Group, founded in 1852, the last eight years have seen a series of big deals. Eight years ago in 2004, the $2.4 billion heavily...
E&O Insights: Social Media Can Be Your Friend or Foe
Apr 2 2012 // Effective use of the various forms of social media can play a huge role in the success of your business. Therein is the crux of the issue — “effective use.” To simply start using social media such as Twitter,...
Argo Group to Reorganize Argo Pro
Mar 30 2012 // Argo Group International Holdings, Ltd. will reorganize its U.S. professional lines businesses into a single platform under the Argo Pro brand. The reorganization consolidates three of Argo’s current business units:...
National Ethics Association Expands E&O Program for Low-Risk P&C Agents
Mar 28 2012 // A new program sponsored by the National Ethics Association provides low-cost E&O insurance to property & casualty insurance agents nationwide. Issued by Everest National Insurance Co. and administered by Marsh U.S....
Beazley Launches Healthcare Regulatory E&O Policy
Mar 26 2012 // Beazley Group has introduced a new healthcare regulatory liability policy to protect policyholders against errors & omissions claims brought by or on behalf of governmental entities. Uniquely, the policy also responds...
2012 Hot Markets: Healthcare Remains a Healthy Market
Mar 19 2012 // This article is part of our Hot Insurance Markets for 2012 special feature. Healthcare is one of the country’s largest industries. Annual spending on healthcare in the U.S. tops $2.6 trillion, more than 16 percent of...
E&O Insights: What to Consider When Buying or Selling an Agency
Mar 19 2012 // There is a tremendous amount of mergers and acquisitions activity going on in our industry. Every day, insurance news providers report on insurance acquisitions. The big agencies are not only getting bigger, they seem to...
25 Years in Agency Management
Mar 19 2012 // Today’s Market Demands Greater Efficiencies, Operational Management and Discipline I have been working with agency owners in one capacity or another for 25 years. During this quarter-century, some aspects of agency...
PPIB Introduces Professional Lines Program
Mar 7 2012 // Professional Program Insurance Brokerage (PPIB) has launched a nationwide program with coverage for employment practices liability, directors and officers and fiduciary risks. The product, backed by a carrier rated...
Protective Specialty Launches E&O Products for Insurance Agents
Mar 6 2012 // Protective Specialty Insurance Co. has launched a pair of new errors and omissions products for insurance agents. One product will cater to life insurance agents, and the other will be tailored to property/casualty...
Conn.-based Wholesaler S.H. Smith & Co. Announces Promotions
Feb 27 2012 // S.H. Smith & Co. Inc., a wholesaler and managing general agent headquartered in Hartford, Conn., announced three promotions. Jeanine Loomis has been promoted to vice president. Loomis works in the St. Paul, Minn.,...
