Latest Professional Liability Headlines
All the headlines from our Professional Liability Topic Page, ordered by recency.
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Oct 1 2018 // Fourteen-year Erie Insurance veteran Glenn Kricher has been appointed to the position of branch manager at the insurer’s Harrisburg, Penn., branch, effective Sept. 13. As a current senior district sales manager in...
Managing the Retail Agent’s Risk in Surplus Lines
Sep 17 2018 // While it is common for retail agents to turn to E&S wholesalers for help, there are several reasons they should carefully consider which wholesalerto call upon and how they submit business, according to Bobbie Duke,...
Everest Insurance Adds 3 Members to Cyber Practice
Sep 12 2018 // Everest Insurance has expanded its Everest Specialty Underwriters (ESU) Financial Lines group with the addition of three cyber liability team members. This team, led by Vice President and Cyber Practice Leader Kevin...
How to Help Clients with Disaster Claims and Avoid Agency E&O Claims
Sep 12 2018 // In an online discussion on agency errors and omissions (E&O) exposures following Hurricanes Harvey and Irma, Florida Association of Insurance Agents’ (FAIA) David Thompson, insurance educator for more than 20...
Connecticut’s Business Risk Partners Appoints Lacey as Principal Underwriter
Sep 7 2018 // Business Risk Partners (BRP), a Windsor, Conn.-based specialty insurance program administrator, has appointed Brad Lacey as a principal underwriter focused on management and professional liability products. Simultaneously,...
Sompo International Launches ‘SomPro,’ a Financial & Professional Lines Platform
Sep 6 2018 // Sompo International Holdings Ltd., a Bermuda-based specialty provider of property and casualty re/insurance, announced that the company is launching SomPro, a global financial and professional lines platform encompassing...
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Sep 3 2018 // Satellite Agency Network Group Inc. (SAN), a Hampton, N.H.-based alliance of independent insurance agencies in the Northeast, has hired Sondra Collins as a commercial lines placement specialist for its AccessPlus...
Report: Missouri Medical Professional Liability Insurers Saw Slight Profit in 2017
Sep 3 2018 // In 2017, poor underwriting results for medical professional liability insurers in Missouri were partially offset by higher investment returns, and insurers barely eked out a profit, earning a 0.2 percent return on net...
Hiscox Appoints Peterson as Miscellaneous Professional Liability Product Head in N.Y.
Aug 29 2018 // Hiscox, an international specialist insurer, has appointed Tyler Peterson to miscellaneous professional liability product head in New York. Peterson joined Hiscox in 2012 as a professional risks underwriter and most...
CPA Mutual Acquires Michigan’s Professional Management Consultants Assoc.
Aug 28 2018 // CPA Mutual, headquartered in Gainesville, Florida, has acquired Michigan-based Professional Management Consultants Association of America (PMCA) in a move to expand brand awareness among more CPA firms, particularly those...
Wilson Elser Hires Sharp in New Jersey
Aug 24 2018 // Wilson Elser has hired James Sharp as of counsel in its New Jersey office. Sharp’s practice focus is professional liability and insurance defense with a particular emphasis on health care. He most frequently...
Missouri Insurance Department: Medical Professional Liability Insurers Saw Tiny Profit in 2017
Aug 22 2018 // In 2017, poor underwriting results for medical professional liability insurers in Missouri were partially offset by higher investment returns, and insurers barely eked out a profit, earning a 0.2 percent return on net...
People
Aug 20 2018 // EPIC Insurance Brokers & Consultants, a retail property and casualty and employee benefits insurance brokerage and consulting firm, has announced that Lou D’Agostino and his Iron Cove Partners team have joined...
People
Aug 20 2018 // AssuredPartners, Inc. has promoted Joe Guercio to executive vice president of Operations, with a focus on EBITDA growth through managing its branch offices, the integration of new acquisitions, operational efficiencies...
The Liberty Company Insurance Brokers Acquires Majority Ownership of Mitchell & Mitchell Insurance Agency
Aug 17 2018 // Woodland Hills, CA, August 17, 2018 – The Liberty Company Insurance Brokers, based in Woodland Hills with offices throughout California, is proud to announce its newest partnership with Mitchell & Mitchell Insurance...
Norman-Spencer Acquires Arizona’s American Insurance Professionals
Aug 13 2018 // Norman-Spencer Agency Inc. (NSA) has acquired American Insurance Professionals (AIP), a nationwide insurance broker based in Phoenix, Arizona, specializing in title agents errors and omissions. AIP has more than 30 years...
Global Commercial Insurance Prices Rise for 3rd Consecutive Quarter: Marsh
Aug 10 2018 // Global commercial insurance prices rose in the second quarter of 2018, marking the third consecutive quarter of increases, according to Marsh’s “Global Insurance Market Index.” These average increases...
Kaufman Dolowich & Voluck in California Names Magarian Partner
Aug 8 2018 // Kaufman Dolowich & Voluck has hired Christine Magarian as a partner in its Los Angeles, Calif. office. Magarian’s professional liability practice at KDV will focus on coverage litigation and coverage advice...
Texas Sees 10.6% Growth in Surplus Lines Premium at Mid-Year
Aug 6 2018 // May 2018 was the highest-grossing month for surplus lines premium in Texas, with $681 million recorded, the Surplus Lines Stamping Office of Texas (SLTX) reported. Total premium in Texas stood at $3.06 billion as of June...
QBE, Jorgensen & Company to Offer E&O Coverage to RIAs
Aug 3 2018 // QBE North America has expanded its operating agreement with Jorgensen & Co., a specialist professional liability managing general underwriter, to offer errors and omissions insurance on an admitted basis to small,...
