Latest Professional Liability Headlines

All the headlines from our Professional Liability Topic Page, ordered by recency.

E&O for Agents – A Necessity Even if Mistakes Don’t Happen

Nov 1 2010 // Errors and omissions insurance is available, and necessary, not just because mistakes happen. A customer’s perception can be that the reason a loss was not covered, valid or not, was the result of an agent’s...

Reducing E&O Exposures: What Agents Need to Know

Nov 1 2010 // Data Breach, Privacy Claims and Certificates of Insurance Costly Exposures for Agents Insurance agents who fail to keep up with ever-changing legislation, regulations, policies and forms are opening themselves up to costly...

What Agents Can Do

Nov 1 2010 // Several steps agents can take to reduce their general E&O exposure: Sally: “By far, the most common claim is simply an allegation of failure to place coverage. The most reliable way to prevent these is written...

What Agents Can Do

Nov 1 2010 // Several steps agents can take to reduce their general E&O exposure: Sally: “By far, the most common claim is simply an allegation of failure to place coverage. The most reliable way to prevent these is written...

People

Nov 1 2010 // Aubie W. Knight has assumed the role of chief executive officer of the Independent Insurance Agents of Georgia (IIAG). Knight has been with IIAG since 1996. During his tenure, he has been responsible for most of...

Reducing E&O Exposures: What Agents Need to Know

Nov 1 2010 // Certificates of Insurance, Data Breaches, Unfamiliar Markets Among Exposures for Agents Insurance agents who fail to keep up with changing legislation, regulations, policies and forms are opening themselves up to costly...

Reducing E&O Exposures: What Agents Need to Know

Nov 1 2010 // Data Breach, Privacy Claims and Certificates of Insurance Costly Exposures for Agents Insurance agents who fail to keep up with ever-changing legislation, regulations, policies and forms are opening themselves up to costly...

E&O for Agents – A Necessity Even if Mistakes Don’t Happen

Nov 1 2010 // Errors and omissions insurance is available, and necessary, not just because mistakes happen. A customer’s perception can be that the reason a loss was not covered, valid or not, was the result of an agent’s...

What Agents Can Do

Nov 1 2010 // Several steps agents can take to reduce their general E&O exposure: Sally: “By far, the most common claim is simply an allegation of failure to place coverage. The most reliable way to prevent these is written...

What Agents Can Do

Nov 1 2010 // There are several steps agents can take to reduce their general E&O exposure: Sally: “By far, the most common claim is simply an allegation of failure to place coverage. The most reliable way to prevent these is...

Reducing E&O Exposures: What Agents Need to Know

Nov 1 2010 // Certificates of Insurance, Data Breaches, Unfamiliar Markets Among Exposures for Agents Insurance agents who fail to keep up with changing legislation, regulations, policies and forms are opening themselves up to costly...

How an E&O Claim Could Affect Agency Employee’s Career

Nov 1 2010 // Survey Finds Agencies Take a Second Look at Hiring Employees With Past E&O Histories Today’s soft insurance market, reduced commissions and a tough economy for agency owners and their clients might be adding to...

Lexington Enters New Insurance Territory With Carbon Registry Product

Nov 1 2010 // As many businesses work to reduce their carbon footprints and go green, insurers are rushing to keep up with the world of alternative energy, climate change, green technology and green building by developing new products...

E&O Insights: Professional Liability

Nov 1 2010 // Nothing Standard About This Line of Business Typically, when looking to move an account from one carrier to another, you can count on some degree of similarity in policy forms. For the most part, a general liability policy...

The Time is Not Right to Drop Real Estate Professionals E&O

Nov 1 2010 // The Tough Market May Mean E&O Liability Problems Ahead The ongoing downturn in the real estate market is forcing many professionals to make tough choices on where to trim expenses. While during a hot real estate market...

Torus Names Kuprianczyk to European Professional Lines Team

Oct 25 2010 // Lines, based in Zurich. In addition to the newly appointed Cologne-based team under Professional Lines Manager Esther Fittinghoff-Hansen, he will “further bolster the provision of senior local expertise for...

Crump Expands Professional Lines Team

Oct 21 2010 // Crump expanded its team on both the east and west coasts with new additions. Crump promoted John Lanni to vice president, broker, and team lead and hired Juan Borda as assistant vice president, broker, to expand the...

American Safety Launches Professional Liability Product

Oct 21 2010 // American Safety Insurance (ASI) announces the launch of its professional liability unit, providing directors and officers (D&O) and errors and omissions (E&O) coverage for specialty risks. The team, lead by Peter...

Torus Names Grange Head of U.S. Professional Lines

Oct 20 2010 // Global specialty insurer Torus has appointed Jeffery S. Grange as senior vice president and head of U.S. professional lines. Based in Torus’ Jersey City, N.J. office He reports to Chief Underwriting Officer Dermot...

E&O Insights: Co-Insurance Penalty

Oct 18 2010 // What It Means to Your Customer and Your Agency Co-insurance penalty. Trust me these are not the words you want to hear from your customer right after a claim. How confident are you that your customers know: 1) if they have...