Latest Professional Liability Headlines
All the headlines from our Professional Liability Topic Page, ordered by recency.
Nursing Home Insurance Market In Need of Care
May 4 2020 // Nursing homes are right in the middle of the deadly coronavirus pandemic hitting the U.S, with more than 20%, or 11,000, of the nation’s COVID-19 deaths happening in these long term care facilities, according to a...
Burns & Wilcox Adds McCormick as Professional Liability Leader in Texas
May 1 2020 // Wholesale insurance broker and underwriting manager, Burns & Wilcox, has added Laura McCormick to its leadership team. McCormick joins Burns & Wilcox as regional practice group leader, Professional Liability for...
Breckenridge Insurance Services Welcomes Three Established Brokers
Apr 29 2020 // Atlanta, GA, April 29, 2020 — Breckenridge Insurance Services is pleased to welcome Michael Silvestri, Tracey Burmingham, AAI and Vance Root as vice presidents/brokers to the company as part of its expansion plans...
BHSI Launches Management Liability & Association Liability Cover in New Zealand
Apr 13 2020 // Berkshire Hathaway Specialty Insurance Co. (BHSI) has expanded its executive & professional lines offerings in New Zealand with the introduction of Management Liability and Association Liability Insurance...
Anticipated Coronavirus Claims Scenarios Across Major Coverage Lines: Viewpoint
Apr 9 2020 // As the COVID-19 pandemic has progressed over the past several months, participants in the insurance industry have recognized the likelihood of a resulting increase in claims volume. Much of the early focus has been on the...
Insurers Report Uptick in Claims Against Architects and Engineers
Apr 6 2020 // Increased billings by architecture and engineering firms generated bigger professional liability premiums in 2019 but also led to the first upswing in claims activity in several years, Ames & Gough said in a...
Liability Insurers Report Rise in Claims Against Architects and Engineers
Mar 24 2020 // Increased billings by architecture and engineering firms generated bigger professional liability premiums in 2019 but also led to the first upswing in claims activity in several years, Ames & Gough said in a...
New Embroker Business Owners Policy (BOP) Targets SMEs
Mar 11 2020 // Embroker, Inc., a digital insurance broker, has partnered with CNA to provide a customized business owners policy (BOP) coverage to its business clients. Embroker is a technology platform that digitizes all aspects of the...
Board Finalizes Rule Scaling Back Joint Employer Liability for Franchisees, Contractors
Mar 9 2020 // A U.S. labor board finalized a rule that will make it more difficult to hold companies liable for unlawful labor practices by franchisees and contractors, reversing a more worker-friendly Obama-era standard criticized by...
Board Finalizes Rule Scaling Back Joint Employer Liability for Franchisees, Contractors
Feb 25 2020 // A U.S. labor board on Tuesday finalized a rule that will make it more difficult to hold companies liable for unlawful labor practices by franchisees and contractors, reversing a more worker-friendly Obama-era standard...
ProAssurance Looks to Acquire NORCAL in $450M Deal
Feb 21 2020 // Healthcare liability insurer ProAssurance Corp. has agreed to acquire medical professional liability insurer NORCAL Mutual Insurance Co. following NORCAL’s demutualization in a $450 million transaction. Based on...
Sompo Global Risk Solutions Launches Product for Life Sciences Industry
Feb 11 2020 // Sompo Global Risk Solutions has introduced Sompo Life Science Plus, a products-completed operations and errors and omission liability protection product built for the life sciences industry. The new product offers coverage...
What About Your Exposure?
Feb 10 2020 // As an insurance agent or broker, you have, above all else, a singular mission: to make certain insureds are adequately covered against exposure to loss or, at the very least, to help clients understand their liabilities...
Everest Offers Small Law Firm Liability Program Via Digital Broker Embroker
Jan 29 2020 // Everest Insurance has joined with digital broker Embroker to provide an online lawyers’ professional liability program for law firms with up to 10 employed attorneys. Through Embroker’s digitized platform,...
Norman-Spencer Hires Blanco as Senior Account Director on Real Estate Team
Jan 27 2020 // Norman-Spencer, a Dayton, Ohio-based property and casualty program administrator and wholesale brokerage, has hired Michele Blanco as senior account director on its Real Estate team. Blanco is based in Maryland. Blanco...
What About Your Exposure?
Jan 27 2020 // As an insurance agent or broker, you have, above all else, a singular mission: to make certain insureds are adequately covered against exposure to loss or, at the very least, to help clients understand their liabilities...
State of Insurance Agency E&O Insurance Market: Managing Rates and Risks
Jan 23 2020 // Agency errors and omissions (E&O) coverage is likely the most important insurance policy an agency purchases. As customer demands rise to an all-time high, having the right E&O coverage and ensuring best practices...
Ohio’s Norman-Spencer Adds Blanco to Real Estate Team
Jan 21 2020 // Dayton, Ohio-based property/casualty program administrator and wholesale brokerage, Norman-Spencer, has added Michele Blanco as senior account director on its real estate team. Blanco brings over 20 years of experience as...
Trump Administration Issues New Rule on Joint Employer Liability
Jan 13 2020 // The Trump Administration announced a final rule setting forth standards for determining joint employer status under the Fair Labor Standards Act (FLSA), a rule that has been sought by franchisers and companies that employ...
Big I Education Director Boggs Takes on Expanded Role in Risk Management
Jan 8 2020 // Chris Boggs, executive director of education for the Independent Insurance Agents and Brokers of America (Big I), is adding risk management to his title and responsibilities. Boggs’s new role combines his current...
