Latest Professional Liability Headlines
All the headlines from our Professional Liability Topic Page, ordered by recency.
Fireman’s Fund Names Dipasupil Vice President
Oct 24 2013 // Novato, Calif.-based Fireman’s Fund Insurance Co. named Jay Dipasupil vice president of professional liability. Dipasupil will lead Fireman’s Fund’s professional liability business, and will be...
MagMutual Creates New Captive for Physician Practices, Hospital Systems
Oct 17 2013 // MagMutual Insurance Co., a medical professional liability insurer in the Southeast, has formed OURCell Captive, P.C.C. A wholly owned subsidiary of MagMutual, OURCell Captive provides physician practices and hospital...
Tell Us About Your Agency’s E&O – Take Our Survey Now
Oct 17 2013 // Insurance Journal is again on the search to find out what’s happening in the agency errors and omissions (E&O) environment. The final deadline to participate in this year’s survey is Monday, Oct. 21 We...
Great American, Landy Agency to Offer Professional Liability Insurance
Oct 15 2013 // Great American Insurance Group’s Professional Liability Division has formed an alliance with the Herbert H. Landy Insurance Agency to offer professional liability insurance to real estate agents, brokers, appraisers...
What’s Happening in Agency E&O? Take This Survey to Find Out
Oct 11 2013 // Insurance Journal is again on the search to find out what’s happening in the agency errors and omissions (E&O) environment. We invite you to participate in the 2013 Agency Errors & Omissions Survey, which...
Forecast for 2014 Commercial P/C Pricing: Willis
Oct 9 2013 // Commercial property insurance buyers could see prices fall from 10 to 20 percent on non-catastrophe risks in 2014 thanks to the influx of alternative capital to the insurance industry, insurance and reinsurance broker...
Hanover Insurance Taps Hartford Exec to Lead Professional Liability Unit
Oct 8 2013 // The Hanover Insurance Group Inc. has named Greg Leffard president of Hanover Professional Portfolio unit, responsible for the company’s errors and omissions (E&O) insurance businesses. Hanover Professional...
E&O Insights: How Well Do You Know Your Accounts?
Oct 7 2013 // Professional liability, or errors and omissions as it is also known, is a unique line of business. After all, how many other lines of business have terms like claims made, claims made and reported, retro dates, tail...
Allied World Asia-Pacific Launches Primary Professional Indemnity Coverage
Oct 4 2013 // Allied World Assurance Company Holdings, AG announced that its Asia-Pacific platform has launched “Allied World AgilitySM Primary Professional Indemnity, a new product developed exclusively for the Asia-Pacific...
U.S. Risk, Western World Launch Private D&O, EPL, Fiduciary Liability Program
Oct 3 2013 // U.S. Risk Pro, a division national MGA and surplus lines wholesaler U.S. Risk Insurance Group, Inc., and Western World Insurance Group have launched a new program for private company directors and officers liability. This...
Burand’s Agency E&O Blog: Tip #48
Oct 2 2013 // Notifying Umbrella Carriers of Potential Claims. Every reader likely knows the importance of notifying an excess/umbrella carrier of potential claims in a timely manner. When the excess/umbrella carrier is the same carrier...
New Hampshire’s Minkler New Chairman of Big ‘I’
Sep 30 2013 // New Hampshire independent agent Thomas J. Minkler has been inaugurated as the new chairman of the Independent Insurance Agents & Brokers of America (IIABA or the Big “I”), with David Walker as...
B&B Protector Plans, Aspen US Partner for Lawyers Professional Liability
Sep 25 2013 // B&B Protector Plans, Inc. and Aspen US Insurance have partnered for lawyers professional liability, with Aspen US now the carrier for the Lawyer’s Protector Plan (LPP). The program will offer lawyers professional...
ProAssurance Backing New Lloyd’s Syndicate
Sep 25 2013 // Birmingham, Alabama-based medical liability insurer ProAssurance Corp. will be the majority capital provider to the proposed new Syndicate 1729 at Lloyd’s of London. Its planned inception date is January 1, 2014. The...
Burand’s Agency E&O Blog: Tip #47
Sep 25 2013 // Policy Change Requests Can Only Be Made if Requesting Party Has Authority/Insurable Interest. Many years ago when I first entered the industry, I remember an experienced underwriter telling the story of an angry ex-wife...
ProAssurance to Acquire Workers’ Comp Insurer Eastern Holdings
Sep 24 2013 // Medical professional liability insurer ProAssurance Corp. said it is acquiring monoline workers’ compensation insurer Eastern Insurance Holdings Inc. in an all-cash transaction that values Eastern at $24.50 per...
E&O Insights: Mother Nature’s Effect on E&O Claims
Sep 23 2013 // It seems that practically every time you turn on the news, a part of the United States is being threatened by a significant weather-related event. It’s sometimes anyone’s guess when and where the next...
Allied World Launches Admitted Lawyers Professional Liability Product
Sep 19 2013 // Allied World U.S. has launched a new admitted lawyers professional liability product: Allied World LPL Assure. LPL Assure includes provisions specifically addressing privacy and network security wrongful acts, with...
Burand’s Agency E&O Blog: Tip #46
Sep 18 2013 // The Value of a Name. Applications are called applications and quote sheets are called quote sheets for good reasons. A quote sheet is only supposed to be for quoting and even then, it is a conditional quote. It is...
Hudson, C&F Shift D&O and E&O Business
Sep 17 2013 // Hudson Insurance Group and Crum & Forster, both owned by Fairfax Financial Holdings Ltd., announced a strategic realignment of their directors and officers (D&O) and management liability business. C&F will...
