Latest Professional Liability Headlines
All the headlines from our Professional Liability Topic Page, ordered by recency.
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...
N.J.-based Bollinger Acquires Argent Professional Insurance Agency
Jan 6 2012 // Short Hills, N.J.-based insurance broker Bollinger acquired Argent Professional Insurance Agency in Warren, N.J. Bollinger said the acquisition would help bolster its professional liability insurance brokerage...
MedPro Completes Acquisition of New Jersey-based Princeton Insurance
Jan 5 2012 // Medical Protective Co. (MedPro), a medical professional liability insurance unit of Berkshire Hathaway, announced this week the completion of its acquisition of Princeton Insurance Co. Princeton Insurance is a New...
Ground Shifting for Medical Liability Insurers: Moody’s
Jan 3 2012 // Although it comprises just over two 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...
Schinnerer Launches E&O Policy for Artisan Contractors
Jan 3 2012 // Victor O. Schinnerer has created a new errors and omissions product for artisan contractors that includes coverage for faulty workmanship. “We want to offer our artisan contractor policyholders an insurance solution...
E&O Insights: Enhance Your Errors & Omissions Culture in 2012
Dec 30 2011 // As the end of 2011 approaches, this is a good time to reflect upon what went well and what didn’t during the year — as well as what changes you should make in 2012. Here are a few errors and omissions (E&O)...
OneBeacon Professional Insurance Expands Coverage for Lawyers
Dec 19 2011 // OneBeacon Professional Insurance (OBPI) has expand its professional liability coverage for lawyers to include network security and privacy (NSP) liability coverage. The company will offer the NSP coverage two ways....
Fact or Fiction? Insurance Tidbits of Known and Little-Known Information
Dec 16 2011 // Have you ever wondered how modern-day fire departments began? Or why agents buy E&O coverage? What about when the first business owners policy launched? These are just a few questions that Insurance Journal and Claims...
Agency Pro-tection
Dec 16 2011 // E&O and Agency Assets Agency owners have a lot to protect. Of course, first and foremost they must protect their clients. But they must also protect their book of business. They must protect their relationships. They...
E&O Insights: Enhance Your Errors & Omissions Culture in 2012
Dec 16 2011 // As the end of 2011 approaches, this is a good time to reflect upon what went well and what didn’t during the year — as well as what changes you should make in 2012. Here are a few errors and omissions (E&O)...
The 2011 Survey Issue
Dec 16 2011 // Together Again: 3-in-1 What are the industry’s young agents thinking? What are typical salaries and benefits in agencies? What issues do agencies have with their errors and omissions (E&O) coverage and...
How to Reduce the Risk When Buying Agency E&O Coverage
Dec 5 2011 // Agents shopping for errors and omissions coverage should compare the details of the policies because not all E&O policies are the same, according to experts in this market. As Scott Goodreau, chief risk officer for...
AXIS Capital Hires North American Professional Lines Chief in N.J.
Dec 2 2011 // AXIS Capital Holdings’ insurance segment appointed John Van Decker as Berkeley Heights, N.J.-based executive vice president and head of North American professional lines. In this newly created position, Van Decker is...
Can Claims Handling Cause an Errors & Omissions Claim?
Dec 1 2011 // The answer to the question posed in the headline is a definite “yes.” This has actually developed into a significant issue for agents and is one of the current errors and omissions (E&O) hotspots agents...
How to Produce and Keep Happy Claimants
Dec 1 2011 // The best way to keep agency customers happy is to avoid claims in the first place but, of course, that’s easier said than done. When claims do happen, independent agents can play a valuable role in determining...
The Competitive Advantage: Procedural Consistency and Agency E&O
Nov 22 2011 // I have often been asked why procedural consistency is important for reducing errors and omissions (E&O) exposures. Another way of asking the question is, “Why is inconsistency an issue?” Let’s first...
Professional Lines Market Faces Uncertainty: Torus
Nov 22 2011 // The professional liability insurance market will face challenges in 2012 with widespread concerns over pricing, a heightened awareness of the current regulatory environment and fast-emerging new risks for small businesses,...
Everest Expands Professional Liability with West Coast Office
Nov 22 2011 // Everest Re Group Ltd. is expanding its professional liability insurance operation, Everest Specialty Unit (ESU), with the opening of a west coast regional office. Currently based in New York, ESU will be establishing its...
