Latest Professional Liability Headlines
All the headlines from our Professional Liability Topic Page, ordered by recency.
Marsh: UK Lawyers E&O Rates Drop
Oct 5 2007 // According to Marsh UK, the first of October renewal season “saw competition-driven reductions in professional indemnity insurance rates for solicitors’ [lawyers’] professional indemnity insurance for most...
G.J. Sullivan Name Milazzo Professional Lines Broker
Sep 28 2007 // G.J. Sullivan Co. E&S in San Diego has named Cathryn Milazzo a professional lines broker. Prior to joining G.J. Sullivan Co. E&S, Cathryn Milazzo was at DeWitt Stern Group of California, specializing in...
U.S. excess and surplus lines market attracts international attention
Sep 24 2007 // The United States excess and surplus lines market presents opportunities that are not lost on the rest of the world. Lloyd’s is the second largest U.S. surplus lines writer with a 14 percent market share. Direct...
The subprime mortgage mess and the professional liability insurance industry
Sep 24 2007 // According to the Bank of America, more than $1.3 trillion in adjustable rate mortgages — 70 percent of them subprime — will reset before the end of 2008. The collapse of the subprime mortgage lending industry...
Lawyers should not dismiss lawyers’ professional liability coverage
Sep 24 2007 // The perils facing employed lawyers have increased substantially in the past five years. Attorneys should know better than anyone about the perils that exist and the value of professional liability coverage. Yet there are a...
The subprime mortgage mess and the professional liability market
Sep 24 2007 // The collapse of the subprime mortgage lending industry has dominated the headlines, led to turmoil in the credit and financial markets, and left the residential real estate marketplace in disarray. It has already generated...
Need for lawyers PL coverage increasing
Sep 24 2007 // The perils facing employed lawyers have increased substantially in the past five years. Attorneys should know better than anyone, other than perhaps insurance professionals, about the perils that exist and the value of...
The subprime mortgage mess and the professional liability market
Sep 24 2007 // The collapse of the subprime mortgage lending industry has dominated the headlines, led to turmoil in the credit and financial markets, and left the residential real estate marketplace in disarray. It has already generated...
Lawyers should not dismiss lawyers’ professional liability coverage
Sep 24 2007 // The perils facing employed lawyers have increased substantially in the past five years. Attorneys should know better than anyone about the perils that exist and the value of professional liability coverage. Yet there are a...
AIG Introduces Coverage for Global E&O Liability Needs
Sep 24 2007 // The AIG Cos. introduced a service called AIG Passport for multinational companies’ errors and omissions (E&O) liability insurance to facilitate purchasing locally admitted E&O coverage to cover their...
The Hanover Completes Acquisition of Lawyers’ Insurer, Professionals Direct
Sep 17 2007 // The Hanover Insurance Group, Inc. reports it has completed the previously announced acquisition of Professionals Direct, Inc. for $23.2 million. Professionals Direct’s companies specialize in lawyers professional...
Rockwood, Hannover Offer Wholesaler, MGA E&O Product
Sep 12 2007 // Hannover Re subsidiary International Insurance Company of Hannover Limited (Inter-Hannover) has named Rockwood Programs Inc. to serve as the administrator of an errors and omissions product specifically designed to address...
CNA Adds D&O and E&O for Private Equity, Venture Capital Firms
Sep 11 2007 // CNA Specialty is now offering directors and officers (D&O) as well as errors and omissions (E&O) coverage for private equity and venture capital firms. CNA is targeting firms whose funds range up to $5 billion in...
Gilsbar, CNA Offers Liability Insurance to Mo. Attorneys
Sep 11 2007 // Gilsbar Specialty Insurance Services, one of the largest administrators of CNA Lawyers’ Professional Liability insurance, recently announced that it is now offering professional liability insurance coverage to...
AIG Rebrands National Union’s D&O, E&O, EPL as AIG Executive Liability
Sep 7 2007 // The AIG Companies will begin marketing its directors and officers (D&O), errors and omissions (E&O), employment practices (EPL), fiduciary (PTL) and fidelity liability insurance and services under the new AIG...
Chubb Offers E&O Policy for Government Technology Contractors
Sep 4 2007 // The lack of familiarity with Federal Acquisition Regulations and government immunities can leave U.S. government contractors exposed to costly lawsuits from customers and business partners, says Chubb Group of Insurance...
Marsh UK warns of possible liabilities
Sep 3 2007 // Marsh UK has issued a warning to the European financial services sector, including insurance companies, hedge funds, banks and ratings agencies, that “they may be exposed to greater directors’ and...
Marsh UK warns of possible liabilities
Sep 3 2007 // Marsh UK has issued a warning to the European financial services sector, including insurance companies, hedge funds, banks and ratings agencies, that “they may be exposed to greater directors’ and...
Marsh cautions Europeans on U.S. subprime crisis
Sep 3 2007 // Insurance broker Marsh UK issued a warning to the European financial services sector, including insurance companies, hedge funds, banks and ratings agencies, that “they may be exposed to greater D&O and E&O...
MARSH UK: POSSIBLE LIABILITIES FROM SUBPRIME DEFAULTS
Sep 3 2007 // Marsh UK recently issued a warning to European financial services sectors, including insurance companies, hedge funds, banks and ratings agencies, that “they may be exposed to greater Directors’ and...
