Latest Professional Liability Headlines
All the headlines from our Professional Liability Topic Page, ordered by recency.
Protective Specialty Announces New Professional Liability Division
Dec 8 2009 // Indianapolis, Ind.-based Protective Specialty has created a new Professional Liability Division, which joins the company’s portfolio of nationwide products by offering Miscellaneous Professional Liability. A...
New NIP Program Targets Funeral Homes Nationwide
Dec 8 2009 // NIP Programs, a division of NIP Group, Inc., has a new specialty insurance program designed to serve the funeral industry nationwide. The new program is called FuneralPro and covers property, business autos like limos and...
Top 7 High-Growth Industries and Their Unique Insurance Needs
Dec 6 2009 // According to the U.S. Bureau of Labor Statistics, the seven fastest growing industries between now and 2016 are: Management, Scientific and Technical Consulting Services; Individual and Family Services; Home Health Care...
Marsh Launches Lottery and Gambling E&O Coverage
Nov 25 2009 // Marsh’s London office announced that it has launched a new errors and omissions (E&O) insurance product for the suppliers of lottery and gaming (gambling) organizations. The new product, created by Marsh’s...
Beazley Launches Two Environmental Insurance Products
Nov 17 2009 // The Connecticut-based Beazley Group announced the launch of its first two environmental insurance products “to meet the evolving needs of the environmental services industry.” The Company, a subsidiary of the...
People
Nov 15 2009 // Maryland-based insurance and risk management firm HMS Insurance Associates Inc. has made several executive-level promotions. Nancey Bohlen has been promoted to chief financial officer and vice president of operations. She...
It’s Time to Review Essential Procedures for Managing E&O
Nov 15 2009 // Systems, Checklists, Guidelines, Manuals Among Tools Useful in Reducing Agency Errors I have been an insurance broker since 1974. However, my principal occupation is attorney, practicing in insurance law. I have had many...
5 Most Common Agency E&O Problems
Nov 15 2009 // From most frequent to least frequent: Recommendations that are made to clients Policy change errors Policy application errors Policy renewal errors Risk assessment errors
Hospital Liability Claims Increasing After Years of Decline
Nov 15 2009 // After a decade marked by decreases in Hospital Professional Liability claims, the frequency of claims is on the rise and is expected to continue increasing at a one percent annual rate, according to a study released by Aon...
Essentials: A Reminder on Managing Agency E&O Risk
Nov 11 2009 // I have been an insurance broker since 1974. However, my principal occupation is attorney, practicing in the field of insurance law. I have had many conversations with insurance agency managers, insurance agents and...
American Empire Surplus Unveils E&O Cover for Medicare Compliance
Nov 6 2009 // Cincinnati, Ohio-based American Empire Surplus Lines Insurance Company, a member of the Great American Insurance Group, has launched an errors and omissions liability insurance product for Medicare Statutory...
New Jersey’s Synergy Opens California Office
Nov 3 2009 // Synergy Professional Associates, of Kinnelon, N.J., has announced that Myles Alonzo has recently joined Synergy as manager of their new West Coast office. Alonzo will be based out of the San Francisco Bay Area and will be...
It’s Time to Review Essential Procedures for Managing E&O
Nov 1 2009 // Systems, Checklists, Guidelines, Manuals Among Tools Useful in Reducing Agency Errors I have been an insurance broker since 1974. However, my principal occupation is attorney, practicing in insurance law. I have had many...
Agents’ E&O Marked By Stability, Satisfaction
Nov 1 2009 // As Agency Revenues Fell, At Least E&O Previums Didn’t Rise Independent insurance agents have had plenty to fret about the past year, including falling revenues. Thus stability in the market and pricing for their...
How the Economy Is Altering Architect/Engineering Insurance Buying
Nov 1 2009 // Architects and engineering (A/E) firms, construction professionals and the insurance carriers that serve them are facing unique challenges in this turbulent economic environment. SmartRisk surveyed professional liability...
Plug the Agents’ E&O Gap: Protection from Carrier Insolvency
Nov 1 2009 // Any producer, agent or broker can be exposed to the insolvency of one of their markets. Carriers providing insurance agents’ errors and omissions insurance (E&O) have developed a variety of responses to the...
Last Call for Participation: Insurance Agents’ E&O Survey
Oct 20 2009 // It’s time again for Insurance Journal to find out what’s been going on with Insurance Agents’ Errors & Omissions Insurance. IJ’s annual survey solicits the experiences and opinions of...
Agents’ E&O: What Do YOU Know? Participate In Insurance Journal Survey Now
Oct 15 2009 // It’s time again for Insurance Journal to find out what’s been going on with Insurance Agents’ Errors & Omissions Insurance. IJ’s annual survey solicits the experiences and opinions of...
James Weidner, Cooperative American Physicians CEO, to be honored with City of Hope’s Spirit of Life Award, November 14
Oct 14 2009 // LOS ANGELES – City of Hope’s National Insurance Industry Council (NIIC) will honor James L. Weidner, chief executive officer of Cooperative of American Physicians Inc. (CAP), with The Spirit of Life®...
Rockwood Programs Lowers P/C Agency E&O Minimum Premiums
Oct 14 2009 // Rockwood Programs, Inc. says it has reduced the minimum premiums for its Property/Casualty Agents Errors & Omissions (E&O) product. Premiums now start at $1,250 for agents generating less than $100,000 in...
