Latest Professional Liability Headlines
All the headlines from our Professional Liability Topic Page, ordered by recency.
E&O Insights: Does Every One of Your Accounts Have a Personal or Commercial Umbrella?
Jun 20 2011 // The answer to the question posed in the headline is probably “no.” Despite your efforts, not every account (personal or commercial) buys this protection. The best follow up question would be, “Have you...
Manning Riddell Co-Owner Pleads Guilty to Bogus E&O Coverage
Jun 20 2011 // Margaret Murray Manning of Redondo Beach, Calif., has been found guilty of six felony counts for violating section 550(b) (3) of the California Insurance Code, for allegedly issuing more than 1,000 phony errors and...
Professional Liability Insurance Services Unveils Bed Bug Insurance
Jun 15 2011 // Professional Liability Insurance Services, Inc. – Underwriting Facilities, on June 1, launched business interruption and extra expense insurance coverage for bed bug infestations for lodging facilities. The firms says it...
Group Seeks More Young Professional Liability Specialists
Jun 15 2011 // The Professional Liability Underwriting Society (PLUS) has launched a program, Future PLUS initiative, it hopes will attract and educate the next generation of professional liability insurance specialists. The Future PLUS...
Willis Appoints Jurss as SVP, Professional Liability for Construction Practice
Jun 9 2011 // Willis North America named Keith Jurss as senior vice president, professional liability, Willis Construction Practice. In this role, Jurss will be responsible for leading professional resources for North America within the...
Manning Riddell Co-Owner Pleads Guilty to Bogus E&O Coverage
Jun 6 2011 // Margaret Murray Manning of Redondo Beach, Calif., has been found guilty of six felony counts for violating section 550(b) (3) of the California Insurance Code, for allegedly issuing more than 1,000 phony errors and...
Insurance Agents, Adjusters Vulnerable to Lawsuits Even When They’re not to Blame
Jun 6 2011 // Agents and adjusters have completely different roles in the insurance industry. But as intermediaries between insurance companies and their customers they have one critical thing in common: They often get called into...
4 Things Agents Should Do to Avoid E&O Claims
Jun 6 2011 // After handling insurance coverage claims for years, a distinct pattern has emerged: sometimes the insurance agent gets “caught in the middle” of a dispute between the policy holder and the insured. Often,...
Hiscox Launches Small Business Coverage in Ariz., Calif., N.Y.
Jun 2 2011 // Hiscox has introduced their business owners policy (BOP) offering in Arizona, California and New York, with coverage in additional states planned for later this year. The business owner’s insurance package (BOP)...
Best Practices Quality Management – Part I
Jun 1 2011 // I have spent several months discussing how to define, train and implement, standards, procedures and workflows. Early in this series of posts one commenter on this blog asked me what was the value in going through this...
General Star Launches Insurance Agents, Brokers E&O Program Through All Risks
May 20 2011 // General Star Management Co. has launched an insurance agents and brokers E&O program, which will be offered through the National Specialty Programs unit of All Risks, Ltd., located Hunt Valley, MD. All Risks will be...
Group Study: Largest Hedge Funds Buy More, Pay Less for Lawsuit Protection
May 19 2011 // Large hedge funds with over $10 billion in assets under management (AUM) typically purchase $40 million or more in professional liability insurance coverage, nearly 200% more than medium funds between $1 billion and $3...
Lexington to Insure Alternative Energy Tax Credits
May 18 2011 // Lexington Insurance Co., a Chartis company, has introduced ITC Energy – 48SM, its energy investment tax credit insurance program, which consists of ITC Energy-48SM Mobile Property Insurance and ITC Energy-48 SM...
Travelers Enhances Coverage for Educational Institutions
May 17 2011 // Travelers has launched its Excess Educators Legal Liability (ELL) through its IndustryEdge product for educational institutions. Travelers integrated its umbrella coverage for both casualty and ELL offerings under a single...
Insurance Agents, Adjusters Vulnerable to Lawsuits Even When They’re not to Blame
May 16 2011 // Agents and adjusters have completely different roles in the insurance industry. But as intermediaries between insurance companies and their customers they have one critical thing in common: They often get called into...
Insurance Agents, Adjusters Vulnerable to Lawsuits Even When They’re not to Blame
May 16 2011 // Agents and adjusters have completely different roles in the insurance industry. But as intermediaries between insurance companies and their customers they have one critical thing in common: They often get called into...
How to Prevent E&O Lawsuits for Black Swan Risks
May 16 2011 // The timeless maxim- “think globally, act locally” – coined in 1915 by social activist Patrick Geddes, underscores the vital importance for insurance agents to really think through the scope of their...
E&O Insights: Are Customers Properly Protected for Business Interruption
May 9 2011 // While you may answer the question posed in the headline by saying that most of your commercial customers have business interruption coverage, the issue here is not whether they have the coverage, but whether they are...
The Nap Defense
May 2 2011 // Have you ever had your attention wander during a client presentation, forgotten to recommend a coverage, left an account folder at a restaurant, or fallen asleep at the wheel on the way to a meeting? Those might be the...
E&O Insights: Exposures to Watch for When Insuring the Local Neighborhood Tavern Risk
May 2 2011 // While many towns might not have a hardware store or a dry cleaner, chances are there is a neighborhood tavern. It is estimated there are more than 50,000 bars in the United States. In fact, many of these taverns have been...
