Latest Professional Liability Headlines
All the headlines from our Professional Liability Topic Page, ordered by recency.
Agency E&O in a Disaster: How to Avoid Errors While Helping Insureds
Sep 20 2017 // Insurance Journal’s Academy of Insurance announced an exclusive online discussion called “After the Storm: Preventing Agent E&O Claims in a Disaster” to be held on Thursday, Sept. 21, 2017 at 1:30...
Markel Enhances Professional Liability Coverage for Hard-to-Place Law Firms
Sep 19 2017 // Markel Corporation has enhanced its policy form and protections for hard-to-insure law firms which can no longer secure coverage in the admitted markets. This coverage is available on an excess and surplus (E&S) lines...
Berkley to Offer Per Project Primary Limits for Design Firms
Sep 18 2017 // Berkley Design Professional (Berkley DP), a division of Berkley Alliance Managers, a Berkley Company, has enhanced its coverage for the architects & engineers professional liability segment with a new “Per...
People
Sep 18 2017 // Marsh has named Lou Ann Layton as its Southeast Zone leader. In this role, Layton is responsible for client initiatives, new business and talent development across the District of Columbia and eight states: Florida,...
INSUREtrust Adds Hoeflinger as Professional Lines Broker in Atlanta
Sep 15 2017 // INSUREtrust has added Hannah Hoeflinger to the company as Professional Lines broker. In this role, Hoeflinger will further grow INSUREtrust’s multi-city Cyber Boot Camps, build broker relations, and manage cyber,...
New Construction Coverage From Liberty Mutual, Ironshore Targets Integrated Projects
Sep 14 2017 // Liberty Mutual and Ironshore’s dedicated construction practices have introduced an Integrated Primary Wrap Up/Project Specific program offering general liability (GL) and professional liability (PL) protection for...
Coverys to Acquire Global Insurance Management Company of Florida
Sep 8 2017 // Coverys, a medical professional liability insurer, and Global Insurance Management Company, Inc. (GIMC), a provider of medical professional liability insurance for physicians and other healthcare providers, have entered...
Breaking the Silence: Cyber Physical Cat Models Emerging
Sep 4 2017 // A frightened truck driver dodging a barrage of bullets fired from the assault rifles of a drug-smuggling criminal gang doesn’t seem like the obvious description of the final stages of a cyber attack. But the...
Ironshore’s Singapore Branch Introduces Legal Event Expense Cover
Aug 28 2017 // Ironshore Insurance Ltd., Singapore Branch, has introduced a specialty professional lines product that offers protection for after-the-event legal expenses to mitigate commercial litigation loss exposure. Ironshore’s...
Allianz Global Corporate & Specialty Names Mann in California Head of E&O
Aug 22 2017 // Allianz Global Corporate & Specialty has named Gary Mann North America head of errors and omissions. He is based in San Francisco, Calif. He reports to Paul Schiavone, North America regional head of financial...
101 Sales, Marketing & Agency Management Ideas
Aug 21 2017 // 1. Dare to Break the Mold. We tend to hit a sweet spot of what works for us in agency management and stay there, focusing on the “sexier” sales side of the business. It’s fine to keep what works, but...
New Jersey’s New Day Underwriting Names Webb AVP in Construction Division
Aug 18 2017 // New Day Underwriting Managers, a Hamilton, N.J.-based specialty intermediary of environmental and construction-related professional liability insurance coverages, has named Bill Webb assistant vice president in the...
Chubb’s Rhyner Named President of Navigators Professional Lines in U.S.
Aug 15 2017 // James L. Rhyner has been appointed president of the Navigators Pro division of Navigators Management Co., the U.S. underwriting operation. In this role, Rhyner will lead Navigators’ U.S. directors and officers...
XL Catlin’s Bongi Moves to Brit Global Specialty USA to Launch Professional Lines
Aug 15 2017 // Brit Ltd. has appointed Tom Bongi as executive vice president of Professional Lines at Brit Global Specialty USA. Bongi is responsible for establishing and developing Brit’s Professional Lines portfolio in the U.S....
People
Aug 7 2017 // Ron Lockton, who has served as vice chairman of global insurance broker Lockton Inc. for the past two years as part of the succession plan, is expanding his role to become president and chief executive officer of the...
New Jersey’s Vanguard Hires Graf as Vice President of Operations
Aug 2 2017 // Vanguard Claims Administration Inc. (Vanguard), a Woodbury, N.J.-based insurance agency, has hired Paul J. Graf as vice president of operations. With more than 27 years of multi-line claims management experience in the...
BHSI Taps AIG’s Maxwell, Chubb’s Dilley for Exec. & Professional Lines in S. Europe
Jul 26 2017 // Berkshire Hathaway Specialty Insurance (BHSI) announced the appointments of Vanessa Maxwell as head of Professional Indemnity & Cyber Insurance and Tom Dilley as head of Financial Institutions in Southern...
Insurers Say Legal Malpractice Claims Hold Steady But Defense Costs Rise
Jul 24 2017 // Most leading legal malpractice insurers saw claims level off in 2016 although their cost to defend claims continued to escalate. A study by insurance broker Ames & Gough finds while the number of malpractice claims...
Norman-Spencer Agency Adds Professional Liability Division
Jul 19 2017 // Norman-Spencer Agency, Inc., a national property and casualty insurance provider, has added a new Professional Liability Division. The division was established to provide Norman-Spencer’s appointed agents with a...
XL’s Reynolds, Travelers’ Rea Join Hiscox USA Professional Risks Unit
Jul 12 2017 // Specialty insurer Hiscox USA announced two senior executive appointments to its Professional Risks division. Joseph Reynolds has been appointed vice president, Architects and Engineers (A&E) product head, and Thomas...
