Latest Professional Liability Headlines

All the headlines from our Professional Liability Topic Page, ordered by recency.

Sompo International Taps Pützer from Amlin as Head of Financial Lines in Germany

May 21 2019 // Sompo International Holdings Ltd., a Bermuda-based specialty provider of property and casualty re/insurance, announced that Udo Pützer has joined the company’s European insurance platform as head of Financial Lines...

Cyber Confusion: What’s Needed to Create a Sustainable Cyber Market

May 20 2019 // There has been plenty of talk about how cyber continues to evolve in an ever-changing technology landscape, how cyber risks have become increasingly sophisticated and how the insurance industry needs to keep...

CorRisk Solutions Hires Belvedere to Professional Liability Team in New York

May 15 2019 // CorRisk Solutions has hired Donna A. Belvedere to lead its professional liability team. In this role, Belvedere will be based at CorRisk Solutions’ headquarters in Melville, N.Y. She joins CorRisk with more than...

Driggers to Lead J.M. Wilson Florida Branch

May 15 2019 // J.M. Wilson has added Keith Driggers as branch manager of its newly renamed Hollywood, Fla., office. Located at 5555 Hollywood Blvd, Ste. 200, the former “Enright & Wilson” office became an official J.M....

The Need for Agents (to Do Their Jobs)

May 6 2019 // I received a nice notice from my commercial GL carrier advising the coverages at renewal would materially change. Admitted carriers have to provide such notices (E&O point: exceptions to this rule do exist, even for...

Everest Launches Lawyers Professional Liability Policy

Apr 23 2019 // Everest Insurance has released a new lawyers professional liability policy – Everest Elevation – designed to provide law firms with liability coverage for financial loss suffered by third parties arising from acts,...

ProAssurance of Alabama Makes Management Changes; Francis to Lead Healthcare

Apr 17 2019 // ProAssurance Corporation has revised its management structure for its newly formed Specialty P&C operating division. As previously announced, Michael L. Boguski will assume the presidency of Specialty P&C on May...

Synergy Professional Associates Expands Lawyers PL Program to 3 New States

Apr 15 2019 // Synergy Professional Associates, in partnership with Tokio Marine HCC – Professional Lines Group, has expanded its lawyers professional liability programs focusing on small law firms into Colorado, Florida and New...

AXA XL Promotes Minors to Product Line Leader, Bermuda Professional Lines Business

Apr 4 2019 // AXA XL has promoted Jennifer Minors to senior vice president – product line leader in its Bermuda Professional Lines Insurance business. Minors is responsible for managing directors and officers (D&O), professional...

Synergy Professional Associates Expands Lawyers PL Program to 3 New States

Apr 3 2019 // Synergy Professional Associates, in partnership with Tokio Marine HCC – Professional Lines Group, has expanded its lawyers professional liability programs focusing on small law firms into Colorado, Florida and New...

Tokio Marine HCC Acquires Cyber Specialist NAS in California

Apr 1 2019 // Tokio Marine HCC has acquired in Encino, Calif.-based NAS Insurance Services LLC. Terms of the deal were not disclosed. The acquisition of NAS represents the continuance of a partnership between NAS and the Tokio Marine...

How Errors & Omissions Lawsuits May Change

Apr 1 2019 // Artificial Intelligence and Private Equity Investments Will Play an Increasing Role Plaintiff attorneys, at least the smart ones, must make sales decisions, too. Whereas a smart producer will create a pipeline that filters...

New Investment Management Coverage from Berkley Targets Asset, Fund Managers

Mar 29 2019 // Berkley Professional Liability, a Berkley Company, has expanded its product offerings to include a primary management liability policy for investment advisors and funds. The new customizable policy offers a choice of...

Lockton Affinity to Administer Westport Lawyer PL Program in Pennsylvania

Mar 28 2019 // Lockton Affinity will be the new program administrator for the Westport/Swiss RE’s Lawyer Professional Liability insurance in Pennsylvania, effective June 1, 2019. This program offers a comprehensive professional...

How to Turn Today’s Confusion Into a Sustainable Cyber Insurance Market

Mar 26 2019 // There has been plenty of talk about how cyber continues to evolve in an ever-changing technology landscape, how cyber risks have become increasingly sophisticated and how the insurance industry needs to keep...

Analysis: Warren Buffett Champions an Inferior Product in THREE Policy

Mar 25 2019 // Warren Buffett, often ahead of the curve, sounded like a disrupter in a 2004 shareholder letter. Fifteen years ago, Buffett wrote, “Insurers have generally earned poor returns for a single reason: They sell a...

Berkley Launches Private Company Primary Management Liability Policy

Mar 19 2019 // Berkley Professional Liability, a Berkley Company, has expanded its product offerings to include a primary private company management liability policy. This comprehensive package policy offers coverage designed to address...

BHSI Launches Professional Liability Cover for Asset Managers and Funds in UK, Ireland

Mar 18 2019 // Berkshire Hathaway Specialty Insurance (BHSI) has launched Professional First Asset Management Liability Insurance, which provides broad professional liability, directors & officers liability, and crime coverage...

People

Mar 18 2019 // National Nashville-based auto insurer The General has appointed veteran insurance executive Tony DeSantis to president and CEO, joining Chief Operating Officer Steve Tjugum as the company’s top leaders. Elicia Azali...

New Jersey’s RT New Day Promotes Nawa to Vice President

Mar 4 2019 // Joseph Nawa has been promoted to vice president within RT Specialty’s National Environmental and Construction Professional Liability Practice. For the past five years, Nawa has been integral to the company’s...