Latest Professional Liability Headlines
All the headlines from our Professional Liability Topic Page, ordered by recency.
People
Sep 1 2008 // Swiss Re appointed Walter A. Bell chairman of Swiss Re America Holding Corp. Bell, whose appointment with Swiss Re is effective Sept. 2, is currently insurance commissioner of the Alabama Department of Insurance, a...
Darwin to Buy Great American’s Lawyers Professional Liability Business
Aug 26 2008 // Farmington, Connecticut-based Darwin Professional Underwriters, Inc. reports it will acquire renewal rights to Great American’ Insurance Co.’s roughly $20 million of small, standard market lawyers professional...
Cindy Downs
Aug 21 2008 // Dallas-based wholesale insurance broker and managing general agent Towerstone Inc. has added four new members to its team. Cindy Downs was added as a senior underwriter in the firm’s MGA unit. Downs formerly was a...
Responding to an Insurance Department Request for Assistance
Aug 21 2008 // providing [the Department of Insurance] a well-crafted response. Receiving a letter from the California Department of Insurance concerning a customer’s complaint is truly an unsettling experience for many agents. The...
Soft Market Hammers Commercial Carriers’ Stocks; M&As Active in Personal Lines Sector
Aug 21 2008 // Stock Prices: The soft market continues to have an effect on insurers’ stock prices. With the inability of insurers to grow in the current market, commercial insurers’ stocks are still falling, down 18 percent...
New MPL Endorsements Create Opportunities for Agents
Aug 21 2008 // Miscellaneous Professional Liability Classes • Advertising agencies • Answering services • Audio/visual consultants • Business/management consultants • Communications/media/public...
XL Insurance Names Molitano as Tech E&O Manager
Aug 20 2008 // David J. Molitano has been appointed to the new position of technology errors and omissions (E&O) manager for XL Insurance, XL Capital Ltd’s global insurance operations, in the company’s Select...
Angelo Joins OneBeacon Professional Partners
Aug 18 2008 // Canton, Massachusetts-based OneBeacon Professional Partners has appointed Susan Angelo senior vice president of managed care. In her new role, Angelo will oversee all product, business development and underwriting...
Swiss Re Launches U.S. Agency Umbrella E&O Coverage
Aug 13 2008 // Swiss Re’s Commercial Insurance group has introduced Errors and Omissions (E&O) agency umbrella coverage in all 50 states and the District of Columbia. “The insurance policy offering was developed in...
American Special Risk Services Names Orta President/CEO
Aug 11 2008 // American Special Risk Insurance Services, a surplus lines professional liability managing general agent/wholesaler based in Woodland Hills, Calif., appointed Rocio L. Orta president and CEO. She will be responsible for...
Socius Opens Miami Office, Appoints Miller VP
Jul 30 2008 // Socius Insurance Services Inc., a San Francisco-based management liability and property and casualty insurance wholesaler, appointed Gregg Miller vice president in its new Miami branch office. Miller is charged with new...
Survey: Private Firms More Exposed to Liability Risks, But Less Protected
Jul 30 2008 // More than one-third of U.S. businesses do not purchase any type of management or professional liability insurance. Yet, two out of three U.S. private companies have experienced some type of event related to management or...
Jimcor Promotes Three to Manage Select Risk Division
Jul 24 2008 // Montvale, New Jersey-based Jimcor Agencies, an excess and surplus lines wholesaler, has promoted Matthew Farbman to property and casualty brokerage manager and Renee Azelby and Joseph Schneider to professional liability...
New York Agents Support Expansion of Excess & Surplus Export List
Jul 23 2008 // Insurance agents and brokers in New York have called upon state officials to ease the rules for how agents obtain coverage for some high-risk policies. The Excess Line Association of New York has proposed adding dozens of...
Crump Insurance Services Hires Eastman as Associate Broker
Jul 10 2008 // Tara Eastman has joined Crump Insurance Services Inc.’s Dallas office as associate broker on Matthew Sheehan’s professional liability team. In this position Eastman will manage professional liability and...
Navigators Group’s New Stockholm Office Headed by Edstrom
Jul 8 2008 // The Navigators Group, Inc. has launched underwriting operations in Sweden through its new underwriting agency, NUAL AB, and has opened a Stockholm office. The office, under the leadership of Sverker Edstrom, managing...
New York Insurance Department Adds Coverages to ‘Free-Trade Zone’
Jul 7 2008 // Insurers would no longer file rates and forms with regulators for some professional liability and errors and omissions coverages under a plan by the New York insurance department to add those coverage to the ‘free...
NSM Adds New Agents, Accountants Professional Liability Programs
Jul 7 2008 // NSM Insurance Group, based in Conshohocken, Pa., has acquired a new specialty underwriting group focused on professional liability coverage targeting property and casualty insurance agencies. This new group will include...
Allied World Assurance to Acquire Darwin Professional Underwriters
Jun 30 2008 // Bermuda-based Allied World Assurance Co., Ltd. has agreed to acquire Connecticut-based Darwin Professional Underwriters, Inc. Darwin offers specialty and primary professional lines coverages, which include health care...
UAI Taps DeGraw as V.P. Professional Liability for Diamond State
Jun 27 2008 // Cayman Islands-based United America Indemnity has appointed Brian DeGraw as vice president of professional liability for Diamond State Group, one of three divisions of its U.S. operations. DeGraw will report directly to...
