Latest Professional Liability Headlines

The Hartford Expands Professional Liability Product for Tech Firms

Jul 17 2006 // Connecticut-based The Hartford Financial Services Group Inc. has announced that its member companies have expanded the policy limits available to customers from $1 million to $2 million on The Hartford’s FailSafe...

Rockwood Introduces E&O Coverage for New P/C Agents

Jul 11 2006 // Rockwood Programs has recently partnered with certain underwriters at Lloyds of London to offer professional liability coverage specifically for property casualty agents licensed less than three years. “Our...

Liberty International Offers Travel Professionals’ E&O Program

Jul 10 2006 // Liberty International Underwriters (LIU), a division of Liberty Mutual Group, and Travel Professionals Insurance Network (TPIN), a service of MPP Co. Inc., have partnered to offer a new travel professionals errors and...

AVRECO’s Borderline Med-Mal Market

Jul 4 2006 // Chicago-based wholesaler AVRECO has a new medical liability insurance market for borderline nonstandard physicians and surgeons. It’s geared toward doctors on their way to a standard market, but who haven’t...

People

Jul 3 2006 // The National Association of Insurance Commissioners unanimously elected New Hampshire Insurance Commissioner Roger Sevigny as secretary-treasurer of the association at the NAIC summer meeting last month in Washington. D.C....

Jul 3 2006 // People The National Association of Insurance Commissioners unanimously elected New Hampshire Insurance Commissioner Roger Sevigny as secretary-treasurer of the association at the NAIC summer meeting last month in...

Jul 3 2006 // People Dallas-based Colemont Insurance Brokers – Texas announced the promotions of Su Young to assistant vice president and Amy Rosso-Leiker to the position of broker. Young joined Colemont in 2001 as a financial...

Lawyers Overseeing Layers

Jul 3 2006 // No country has as many lawyers as the United States — more than 152,000 in California alone — three times as many as in all of France. Nor does any other country rely as heavily on the legal profession to order...

Independent Insurance Agents and Brokers of Orange County Holds Professional Liability Session

Jun 30 2006 // The Independent Insurance Agents and Brokers of Orange County, Calif., will be hosting its quarterly meeting on July 20 at the Tustin, Calif., Banquet Center. Katie Freeman Insurance Services will be sponsoring the...

Ace USA Launches Med Mal Product in Ohio, Michigan

Jun 21 2006 // ACE USA, the U.S.-based retail operating division of the ACE Group of Companies, recently announced the launch of its healthcare professional liability product for group and individual physicians in the Ohio and Michigan...

No more excuses: Making the case for EPLI

Jun 19 2006 // Common misconceptions leave business owners, small and large, in the bare Employment practices liability insurance has been available on a stand-alone basis since the early 1980s. The product was developed to provide...

Exercising appropriate standard of care

Jun 19 2006 // The term “standard of care” often is thrown around when dealing with professional liability risks. A professional is regarded as someone who possesses special skills, experience and knowledge, and thus is held...

Jun 19 2006 // People Scott A. Adamsons joined InsurBanc as vice president of sales and business development. The Farmington, Conn.-based company also hired Marie R. Rider to be vice president and director of marketing. Adamsons will...

XL Introduces New U.K. D&O Product

Jun 14 2006 // XL Insurance Ltd., a subsidiary of Bermuda’s XL Capital Ltd., announced that its UK-based professional lines business has added a new product specifically tailored to the directors and officers insurance market in...

Iowa State Bar Endorses Westport Insurance and Lockton Risk Services

Jun 9 2006 // The Iowa State Bar Association (ISBA) announced it will endorse Westport Insurance and Lockton Risk Services to provide Professional Liability insurance to Iowa Bar members. The ISBA chose Lockton as its preferred broker...

NAS Reduces Minimum Premiums on Miscellaneous Errors & Omissions

Jun 9 2006 // NAS Insurance Services, Encino, Calif., has reduced the minimum premium for many classes for its miscellaneous errors and omissions coverages from $2,500 to $1,500. Limits are $1 million/$1 million. NAS Insurance Services...

London American Risk Launches Professional Liability Unit

Jun 7 2006 // London American Risk Specialists, Inc., headquartered in Houston, Texas, announced the formation of London American Professional Liability LLC, based in Fort Lee, N.J. LAPL is a program administrator and MGA specializing...

Hylant Partners with ACE Medical, Offers Liability Coverage in Ohio, Mich.

Jun 7 2006 // Hylant Group and ACE Medical Risk jointly announced today an agreement for Hylant Group to be the distributor of comprehensive physician medical liability coverage in both Ohio and Michigan. The healthcare professional...

London American Risk Specialists, Inc Announces the Formation of London American Professional Liability, LLC

Jun 7 2006 // Houston, TX – London American Risk Specialists, Inc., headquartered in Houston, TX. is pleased to announce the formation of London American Professional Liability, LLC based out of Fort Lee, New Jersey. LAPL is a...

Exercising appropriate standard of care

Jun 5 2006 // The term “standard of care” often is thrown around when dealing with professional liability risks. A professional is regarded as someone who possesses special skills, experience and knowledge, and thus is held...