Latest Professional Liability Headlines
All the headlines from our Professional Liability Topic Page, ordered by recency.
The Missing Value Proposition of High Quality Agents
Sep 16 2019 // I was having dinner with a close friend who is retired, has no debt and has decent wealth. He asked me why I think he needs insurance. He was wondering if insurance at this stage of his life was a waste. My heart sank....
Hardening Markets, Social Inflation, E&S Business: Berkley, AIG Execs Face Analysts
Sep 13 2019 // The commercial general liability line will be the next property/casualty line to harden, the chief executive of W.R. Berkley Corp. predicted at an industry conference. Speaking at the Keefe, Bruyette & Woods Insurance...
Smart Choice – #8 Agency Partnerships 2019
Sep 2 2019 // $108,378,576 2018 Total P/C Revenue Smart Choice is an agency network of 7,500 independent agency locations across 44 states. The network offers agencies of all sizes opportunities to build their business with limited...
Marsh’s Beresheim Joins Lockton to Lead Financial Services Specialty Practice
Aug 19 2019 // Insurance broker Lockton announced the addition of Devin Beresheim as executive vice president for Lockton Specialty Practices. Beresheim replaces Brian Kawamoto who retired last year. Beresheim will lead Lockton Financial...
Risk Strategies Appoints Black to Lead National Professional Liability Practice
Aug 16 2019 // Risk Strategies, a privately held, national insurance brokerage and risk management firm, named Darren Black to oversee its national professional liability practice group. He is based in Kansas City, Missouri. Black joins...
Breckenridge Insurance Services Hires Professional Liability Broker George Boldarini
Aug 15 2019 // Atlanta, GA, August 15, 2019 — Breckenridge Insurance Services is pleased to announce the hiring of George Boldarini, RPLU, AU, vice president, broker, professional liability. Boldarini has nearly 20 years of insurance...
Markel Corporation Hires Lecci as Senior Director of Professional Liability in New York
Aug 12 2019 // Markel Corporation has named John Lecci as senior director of Professional Liability. He will be heading up the New York-based US Professional Errors & Omissions team. Lecci was most recently employed by Axis, where he...
Chubb Launches Combined Product for Professional Service Firms
Aug 12 2019 // Chubb has introduced a new offering designed to help professional service firms mitigate a variety of exposures that can impact their businesses. The new Pro ERM offering combines miscellaneous professional liability,...
RSG MGA EmergIn Risk Enhances Agent, Broker E&O Program
Aug 8 2019 // EmergIn Risk, part of the Ryan Specialty Group family and a division of RSG Underwriting Managers, has expanded its insurance agents and brokers professional liability program, [In]fuse to include new coverage and less...
U.S. Risk Acquires Houston’s U.S. E&O Brokers
Aug 5 2019 // Dallas-based property/casualty insurance wholesaler and managing general agent (MGA), U.S. Risk LLC, has acquired U.S. E&O Brokers (U.S. E&O), a wholesale broker and MGA. U.S. E&O is headquartered in Houston,...
People
Aug 5 2019 // National Linda Dodson The Vertafore technology users network, NetVU, has named Linda Dodson as executive director. Dodson’s career has included work in an insurance agency and with agency carriers. She began her...
Nexus Buys Specialist Financial and Professional Lines MGA, Plus Risk Ltd.
Jul 29 2019 // Independent specialty managing general agent Nexus Group has acquired Plus Risk Ltd. (PRL), a London-based financial and professional lines MGA, providing management liability and niche professional indemnity...
Risk Placement Services Expands Lawyers Liability Program to New York, Texas
Jul 19 2019 // Rolling Meadows, Illinois-based Risk Placement Services (RPS) has expanded its exclusive admitted lawyers professional liability program into New York and Texas, states considered to have the largest number of attorneys in...
How ‘You Have a Duty to Read Your Policy’ Language Can Wreck a Life
Jul 1 2019 // I have seen and heard seemingly an infinite number of agents, agents’ associations, and errors and omissions (E&O) attorneys advise that agents should have a low standard of care and rely on the insured having...
Career Sense: Reverse, Prioritize, Partner, Attack
Jun 17 2019 // Gone are the days of insurers and brokers offering multiline and multi-divisional training to their new staff. People entering the workforce today will start their careers with an insurance carrier or brokerage firm within...
ISMIE Mutual OK’d Offer Medical Professional Liability Coverage in Texas
Jun 7 2019 // Medical professional liability insurer, ISMIE Mutual Insurance Co., has been approved as an admitted carrier in Texas. The company said Texas regulators have approved its rate and forms filing, so ISMIE is now able to...
Beazley Updates MediaTech Policy with E&O, Cyber Coverage
Jun 6 2019 // Specialist insurer Beazley has streamlined its MediaTech insurance policy to provide clear and concise wording and combined comprehensive errors and omissions (E&O) and media liability insurance with cyber...
Everest Insurance Adds Three Members to Its Professional Liability Group
Jun 5 2019 // Everest Insurance has added three members to its Professional Liability group. This segment within the Everest Insurance Financial Lines unit provides coverage for architects and engineers, lawyers, accountants as well as...
Argo Pro Launches Private Company Management Liability Product
Jun 4 2019 // Argo Pro, a member of Argo Group International Holdings, Ltd., has released Private Company PROtect – a packaged professional liability product designed to give private companies access to a range of coverage, including...
Lawyers Professional Liability Insurance Claims Grow in Severity, Complexity, Cost
May 31 2019 // The number of legal malpractice claims resulting in larger multimillion dollar payouts – as well as the dollar amounts involved – has surged in the past year, with at least two settlements exceeding $250...
