Latest Professional Liability Headlines
All the headlines from our Professional Liability Topic Page, ordered by recency.
Crisis in Medical Professional Liability Diminished, PLUS Panelists Say
May 23 2005 // States with meaningful tort reform are seeing stabilization in the medical professional liability arena from three years ago. Despite the decrease in claims frequency, however, severity persists and insurers must maintain...
4 St. Louis-Area Men Convicted in $3.5 Million Arson Scheme
May 23 2005 // Four St. Louis-area men were convicted Wednesday of federal charges related to the torching of four grocery stores as part of a scheme to collect more than $3.5 million in insurance claims. After a 13-day trial, a U.S....
Crisis in Medical Professional Liability Diminished, PLUS Panelists Say
May 23 2005 // States with meaningful tort reform are seeing stabilization in the medical professional liability arena from three years ago. Despite the decrease in claims frequency, however, severity persists and insurers must maintain...
XL Professional Lines Offers Insurance for Independent Directors
May 20 2005 // XL Professional Lines, a unit of XL Insurance (Bermuda) Ltd., has extended its portfolio of Directors & Officers liability products with the addition of dedicated coverage for independent directors of company...
Sullivan Joins Beazley USA for Specialty E&O
May 10 2005 // Beazley USA, a subsidiary of the U.K.-based Beazley Group, plc, a leading Lloyd’s underwriter, announced that Jerry Sullivan is joining the company as the E&O Product Leader within Specialty Lines. He will be...
Errors & Omissions for Broker-Dealers
May 9 2005 // Nuts & Bolts: CalSurance enhanced its specialized errors and omissions program for broker-dealers with 75 or fewer registered representatives. The program enhancement now provides each broker-dealer with its own...
Home Inspectors, Law Firms and Accountants
May 9 2005 // Nuts & Bolts: Avon, Conn.-based Target Insurance Services has available new markets for home inspectors professional liability, including optional general liability; professional liability for large law firms (50-plus...
Management Consultants and Staffing Firms
May 9 2005 // Nuts & Bolts: Victor O. Schinnerer & Co. launched SpecialtyOne, an E&O insurance program for management consultants and staffing firms. Target risks for the program include a range of consultants, such as...
Slivka, Farrell Join New Day Underwriters in N.J.
May 5 2005 // Jeffrey Slivka and Timothy Farrell have joined New Day Underwriting Managers LLC, an environmental insurance wholesale firm, based in Bordentown, N.J. Slivka joins New Day Underwriting as senior vice president of...
Euclid Launches New E&O Liability Product
Apr 28 2005 // Kansas City-based underwriting manager and claims administrator Euclid Managers LLC announced the launch of ProtoType, a “modern insurance product for manufacturers.” The product features: errors and omissions;...
Borda to Direct United Southern Brokers Professional Liability in Tampa
Apr 21 2005 // Juan C. Borda has been named director of professional liability for the Tampa, Fla. office of United Southern Brokers, a division of USG Insurance Services Inc. Borda will assist agents with the placement of directors and...
Home Inspectors, Law Firms, Accountants
Apr 18 2005 // Avon, Conn.-based Target Insurance Services is making available new markets for home inspectors professional liability; professional liability for large law firms (50+ in size); and professional liability for accountants....
E&O for Broker-Dealers
Apr 18 2005 // Nuts & Bolts: CalSurance has enhanced its specialized errors and omissions program for broker-dealers with 75 or fewer registered representatives. It provides each broker-dealer with their own policy limits without...
In or Out? Courts Continue to Struggle with the Issue of Extrinsic Evidence
Apr 18 2005 // The issue of whether, and when, extrinsic evidence may be used to determine a duty to defend has never been clearly defined under Texas law. While a number of courts have recognized an exception, the exact parameters of...
Errors and Omissions for Broker-Dealers
Apr 18 2005 // Nuts & Bolts: CalSurance enhanced its specialized errors and omissions program for broker-dealers with 75 or fewer registered representatives. The program enhancement now provides each broker-dealer with its own...
Home Inspectors, Law Firms and Accountants
Apr 18 2005 // Nuts & Bolts: Avon, Conn.-based Target Insurance Services has available new markets for home inspectors professional liability, including optional general liability; professional liability for large law firms (50+ in...
Schinnerer Unveils SpecialtyOne E&O Program for Management Consultants, Staffing Firms
Apr 14 2005 // Victor O. Schinnerer and Company announced the launch of SpecialtyOne, an E&O insurance program for management consultants and staffing firms. The program will be written through Brit, a Lloyd’s...
AEC Firms Can Learn from May Webcast
Apr 12 2005 // Architecture, Engineering and Construction (AEC) firms have seen an 88% increase in the cost of professional liability coverage in the last three years, according to a recent survey by Zweig-White. To help architects...
Modern Insurance E&O Program Targets Small to Medium-Sized Fla. Agencies
Apr 5 2005 // Miami-based Modern Insurance Consultants Inc. and Darwin Professional Underwriters Inc. have introduced an Insurance Agents Errors & Omissions program for small to mid-sized Florida property/casualty agencies. The...
Target Insurance Services Launches 3 New Programs: Home Inspectors, Large Law Firms, Accountants
Apr 5 2005 // Avon, Conn.-based Target Insurance Services is making available new markets for home inspectors professional liability, including optional general liability; professional liability for large law firms (50+ in size); and...