Latest Professional Liability Headlines
All the headlines from our Professional Liability Topic Page, ordered by recency.
Professional Underwriting Group Provides Insolvency Carve Back
Feb 22 2012 // The Professional Underwriting Group, Inc. (PUG) will now provide insurance agents and brokers professional liability insurance for insurers earning a rating of “A” or better from Demotech. The insurance...
Allied World U.S. Creates Mergers & Acquisitions Division
Feb 21 2012 // Allied World U.S. has expanded its professional lines operations through the launch of a new mergers and acquisitions division that will be headed up by Jeff Anderson, vice president, in the company’s New York...
Five Star Healthcare Adds Managed Care Coverage
Feb 17 2012 // Five Star Healthcare, a division of Crump Insurance Services, has added an insurance facility to provide coverage for managed care service providers. The product consists of a single-policy solution providing multiple...
Brownyard Launches Pest Control E&O Coverage
Feb 17 2012 // Brownyard Group has introduced errors and omissions (E&O) coverage for its PCOpro pest control program. The new coverage provides protection against claims seeking monetary damages due to negligence. The program...
XL and Hays Affinity Launch Dental Professional Liability Program
Feb 16 2012 // XL Group plc’s Select Professional insurance underwriting unit and Hays Affinity Solutions have teamed up to offer professional liability insurance for dentists nationwide. “This coverage provides dentists with...
Liberty International Underwriters Launches Cyber Liability Products
Feb 9 2012 // Agents and brokers have three new options for technology risks from Liberty International Underwriters (LIU). The specialty lines division of Liberty Mutual Insurance has started offering a trio of new primary cyber...
Ground Shifting for Medical Liability Insurers: Moody’s
Feb 6 2012 // Although it comprises just over 2 percent of annual direct premiums for the U.S. property/casualty insurance industry, the medical professional liability (MPL) insurance business is integral to the U.S. healthcare system,...
E&O Insights: Use Caution When Moving a Customer From a Claims-Made to an Occurrence Form
Feb 6 2012 // From time to time, an account is moved from one form of insurance to another. The scenario could involve moving from a claims-made form to an occurrence form, or vice versa. Other scenarios could involve moving from a...
Proactive Risk Management of Intellectual Property: Crucial to the Insurance Professional’s E&O
Feb 6 2012 // Now more than ever, the insurance professional’s ability to create a proactive risk management plan for clients is crucial to success. Insurance professionals handle many types of insurance policies. In fact,...
Public Entity Insurance Isn’t Road Salt Or Fill Dirt
Feb 6 2012 // What to Consider When Evaluating Public Entity Insurance Programs During the winter I was traveling in the snowy Northeast calling on agents. Between appointments, I passed a local hardware store that prominently displayed...
Big “I” and Swiss Re Launch E&O Web Resource
Jan 31 2012 // The Independent Agents & Brokers of America (IIABA) Big “I” Professional Liability Program and Swiss Re Corporate Solutions have launched a new risk management website. The “E&O Happens”...
Chubb Says Commercial Renewal Rates Rose 6% in Q4, Up From 4% in Q3
Jan 30 2012 // Chubb Corporation said its commercial insurance renewal rates were up 6 percent in the 2011 fourth quarter, as the pace of renewal rate increases continues to accelerate. Chubb also said it secured renewal rate hikes in...
Chubb Posts $452M in Q4 Profit, Approves $1.2B Share Buyback
Jan 27 2012 // The Chubb Corporation reported fourth-quarter net income of $452 million, down 27 percent from $620 million net income reported during the same period one year ago. The Warren, N.J.-based insurer said the results were hurt...
Web Exchange
Jan 23 2012 // IJ Video Highlights As the Market Turns, What Is Broker’s Role? Powered by InsuranceJournal.tv The soft market is turning, perhaps not dramatically but it is turning, says Jerry Sullivan, chairman, The Sullivan...
E&O Insights: Why Your Agency Should Recommend Employment Practices Liability Coverage
Jan 23 2012 // Employment practices liability insurance (EPLI) has been around since the early 1990s, mostly due to the passage of the 1991 amendments to the Civil Rights Act. Some of the latest information noted on various websites puts...
Ground Shifting for Medical Liability Insurers: Moody’s
Jan 23 2012 // Although it comprises just over 2 percent of annual direct premiums for the U.S. property and casualty insurance industry, the medical professional liability (MPL) insurance business is integral to the U.S. healthcare...
N.Y.-based Navigators Group Adds Professional Liability Reinsurance Unit
Jan 20 2012 // Rye Brook, N.Y.-based specialty insurer The Navigators Group said this week that its principal underwriting agency subsidiary, Navigators Management Company, expanded its Navigators Re division by launching a professional...
Association Offers Liability Enhancements for Orthodontists
Jan 12 2012 // The American Association of Orthodontists Insurance Co. (AAOIC) has added five enhancements to its professional liability insurance plan for members of the association. The enhancements will be automatically offered to all...
Philadelphia Insurance Announces Three Promotions
Jan 11 2012 // Philadelphia Insurance Companies announced three promotions: Sean Sweeney to president and chief operating officer; Robert O’Leary to executive vice president and chief marketing officer; and John Glomb to executive...
People
Jan 9 2012 // Starr Companies appointed Ed Navarro as head of international insurance operations. Navarro will drive Starr’s expansion for areas outside of the U.S. He’s been serving as global head of accident and health...
