Latest Professional Liability Headlines
All the headlines from our Professional Liability Topic Page, ordered by recency.
Liberty Mutual Adds Data Compromise Coverage to Insurance Agent E&O Program
Jun 18 2014 // Liberty Mutual Insurance has added data compromise coverage to its insurance agents errors & omissions (E &O) program. The endorsement carries an annual aggregate limit of $100,000 for response expenses and an...
ANV Launches U.S. Managing General Underwriter for D&O
Jun 18 2014 // ANV Holdings BV, the specialty insurance business, headquartered in the Netherlands, announced the opening of its first U.S. Market Managing General Underwriter (MGU), to be led by Peter McKeegan. ANV said the “team...
American Claims Management Earns Security American Risk Retention Group Business
Jun 16 2014 // San Diego, CA, 06/16/14 – Security America Risk Retention Group (RRG) has appointed American Claims Management Inc. (ACM), a national third party administrator (TPA), to manage its general liability and professional...
E&O Insights: Why Are Umbrellas Causing E&O Claims?
Jun 16 2014 // When initially thinking about umbrella coverage as it relates to generating errors and omissions claims, most would probably believe the main issue is the lack of an umbrella. In other words, a customer has a significant...
Medical Professional Liability: MRM’s Kelly Tackles Emerging Risks
Jun 16 2014 // Medical professionals and hospitals are grappling with some of the most dramatic changes they have seen in years. Many physicians feel they can no longer succeed in private practice, and they are either moving to become...
Willis Names Tech, Media, Telecom Leaders – Srail for No. Am. Motzfeldt for Europe
Jun 10 2014 // Willis Group Holdings announced that it has reinforced its position as a risk adviser and insurance broker for the technology, media and telecommunications (TMT) sector with the appointment of new regional leaders for...
U.S. Risk Pros Launches an Enhanced Professional Liability Program for Architects and Engineers, Construction Managers, and Design/Build Contractors
Jun 9 2014 // Dallas, TX – June 9, 2014 – U.S. Risk Insurance Group, Inc., the eighth largest managing general agency and surplus lines wholesaler in the nation, announced that U.S. Risk Pros, the Professional Liability...
Swiss Re Names Summerville Managing Director for Financial, Professional Services
May 19 2014 // Swiss Re Corporate Solutions has appointed Jeff Summerville to be head of Financial and Professional Services in North America. In this managing director role, he will lead underwriting teams for corresponding lines of...
NORCAL Mutual Expands Medical Professional Liability Coverage to Nevada
May 19 2014 // NORCAL Mutual Insurance Co. is now offering medical professional liability insurance to Nevada physicians. For the past eight years, Nevada healthcare professionals have been offered coverage from Medicus Insurance Co., a...
NORCAL Mutual Expands Medical Professional Liability Coverage to Nevada
May 6 2014 // NORCAL Mutual Insurance Co. is now offering medical professional liability insurance to Nevada physicians. For the past eight years, Nevada healthcare professionals have been offered coverage from Medicus Insurance...
E&O Insights: Don’t Let Insuring Restaurants and Taverns Give You Heartburn
May 5 2014 // Virtually every town in the United States has a restaurant or tavern, so your pursuit of these risks is fairly likely. Unfortunately, at times these types of risks are not the easiest to place. Before you take that first...
How Policies Respond When Buying or Selling an Agency
May 1 2014 // It’s rare to read an industry magazine or attend an industry conference without the topic of mergers and acquisitions coming up. The issues addressed typically include the cost of acquisitions, tax implications,...
Burand’s Agency E&O Blog: Tip #60
May 1 2014 // Quality of Quotes. Sometimes in the hurry hurry world of the CSR or producer, an insured will request quotes for certain coverages. Whether they do so as a result of the agency using a coverage checklist or simply the...
QBE North America Launches Management Liability & Professional Lines Coverages
Apr 30 2014 // QBE North America’s continues its expansion into the management liability & professional lines arena with the launch of three new products for public and private commercial companies and financial institutions...
Burand’s Agency E&O Blog: Tip #59
Apr 29 2014 // Renewal Processing Time. Due to many reasons, including agencies cutting staff too much, I find many commercial CSRs are far behind in checking their policy renewals. Being behind creates significant E&O exposures such...
Burand’s Agency E&O Blog: Tip #58
Apr 24 2014 // ACA Grandfathering Disclaimer. According to the Wall Street Journal (Nov. 6, 2013), the first E&O suits have been filed against an insurance company for allegedly misleading a consumer into changing their health...
Burand’s Agency E&O Blog: Tip #57
Apr 23 2014 // Review Renewals. While my recommendation to review renewals might seem so simple that even mentioning it might seem like I’m scratching the bottom of the barrel, I am writing this recommendation because I am seeing...
IronHealth Increases Limits, Broadens Coverage for Healthcare Professional Liability
Apr 21 2014 // Bermuda-based IronHealth, the specialty healthcare unit of Ironshore Inc., has enhanced its Healthcare Professional Liability (HPL) insurance product, increasing limits to $50 million and broadening the scope of...
Why Agencies Need to Pay More Attention to Insurer Insolvency
Apr 10 2014 // A myth is sneaking into the industry that insurer insolvency is not as important today. Belief in this myth is important to many entities. To put it more simply, a number of companies, agencies, and other firms benefit if...
Century Risk Advisors Launches Professional Liability Division
Apr 7 2014 // Century Risk Advisors (CRA), an independent brokerage and risk management agency, has launched a new Professional Practice Division that will specialize in creating risk management and insurance programs for law firms,...
