Latest Professional Liability Headlines
All the headlines from our Professional Liability Topic Page, ordered by recency.
As Gun Sales Soar, Insurance Sales Follow Suit
Apr 11 2013 // Proposed federal and state gun legislation is having an unintended effect on growth in the gun insurance market across the country. Experts in this segment say new policy submissions dealing with all aspects of guns,...
Burand’s Agency E&O Blog: Tip #29
Apr 10 2013 // Flood Insurance. Who Ever Said Mortgage Companies Know Everything About Flood Insurance? In agency after agency I visit, flood insurance is usually only offered to people if their mortgage company requires it. De facto,...
Best Affirms Baldwin & Lyons and Operating Subs Ratings; Outlook Stable
Apr 8 2013 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa-” of Protective Insurance Company (PIC) and its wholly owned subsidiary,...
Tailor-Made Policies Provide Good Options for Medical and Professional Liability Market
Apr 8 2013 // Is coverage “tailor-made” for emerging industries the future of professional liability insurance? Traditional professional liability, which has typically served lawyers, accountants and doctors, isn’t...
Burand’s Agency E&O Blog: Tip #28
Apr 3 2013 // Job Descriptions. A simple solution to minimizing E&O exposures. One of the most significant E&O exposures is literally a “he said, she said” issue. Producers think a CSR will do something and CSRs...
Great American Launches Professional Liability Division
Apr 2 2013 // Great American Insurance Group has launched a new professional liability division offering errors and omissions (E&O) liability insurance coverage for non-medical miscellaneous service providers as well as real estate...
Great American Insurance Group Launches Professional Liability Division
Apr 2 2013 // Great American Insurance Group, based in Cincinnati, Ohio, announced the launch of a new professional liability division. This division will offer errors and omissions (E&O) liability insurance coverage for non-medical...
ProAssurance, CAP Partner to Offer California Hospitals Liability Protection
Mar 29 2013 // ProAssurance Corp., a specialty writer of professional liability insurance, and the Cooperative of American Physicians, Inc. (CAP) are partnering to offer a new liability protection product, CAPAssurance, for hospitals and...
Burand’s Agency E&O Blog: Tip #27
Mar 27 2013 // Agency Catastrophe Plans. How to keep a catastrophe from becoming an even bigger catastrophe. I don’t know who said it, but they correctly concluded that the best E&O audit is a natural catastrophe because so...
E&O Insights: Don’t Forget About E&O When Buying or Selling an Agency
Mar 25 2013 // While the industry seemed to see a spike in mergers and acquisitions activity in 2012 due to some tax implications, many are projecting that 2013 will see some healthy buying and selling, too. While there are many issues...
Top 10 Hot New Markets
Mar 25 2013 // Insurance Journal examined industries experiencing changes and expansions during the past year. Here are the top 10 market sectors that just might deliver hot opportunities for agents and brokers in the property/casualty...
Burand’s Agency E&O Blog: Tip #26
Mar 20 2013 // Bond Specifications & Company Ratings. Do you check? When commercial clients need a bond, they almost always have a contract that requires the bond meet certain specifications. Among those specifications is the bond be...
Survey: Rate Increases Ahead for Architects, Engineers Despite Stable Market
Mar 19 2013 // For the second consecutive year, the insurance market for architects and engineers professional liability insurance continued its firming trend as a number of leading insurance companies providing this specialized coverage...
Leavitt Group Names Evans, Kelly, Peckinpauch in California
Mar 18 2013 // The Leavitt Group’s Los Angeles office named Amy Evans, James Kelly and Terri Peckinpauch to posts in the agency. Evans is a vice president in the employee benefits division with a focus on middle market clients in...
Fireman’s Fund Names VPs of Programs and Professional Liability
Mar 15 2013 // NOVATO, Calif.-based Fireman’s Fund Insurance Co. named Jay Dipasupil to vice president of programs, and Dan Reed to vice president of professional liability. Dipasupil will lead Fireman’s Fund’s programs...
American Resources Insurance Co. Expands Rockwood Partnership
Mar 12 2013 // American Resources Insurance Company (ARIC) has broadened its partnership arrangement with Rockwood Programs. The new relationship provides ARIC’s producer network with access to an array of management and...
Ohio: 3K Medical Professional Liability Claims Closed in 2011
Mar 11 2013 // A total of 3,094 medical professional liability claims were closed in 2011 in Ohio, according to data collected by the Ohio Department of Insurance from entities providing medical professional liability coverage to Ohio...
MMIC Enters Indiana Medical Professional Liability Market
Mar 7 2013 // Minneapolis, Minn.-based medical malpractice insurer, MMIC, announced it has begun conducting business in Indiana. This brings the total number of states in MMIC’s core territory to nine. MMIC President and CEO Bill...
Heffernan N.Y. Branch Hires Vice President, Professional Lines Practice
Mar 5 2013 // California-based Heffernan Insurance Brokers recently hired Brian Leidell to join its New York City office as vice president, professional lines practice. Leidell was most recently practicing insurance law for an...
Atlantic Specialty Lines Announces ASLPRO Specialized Professional Liability Brokerage Unit
Mar 5 2013 // Miramar, FL, 03/05/13 – “Our goals in creating this department are multifold”, states Corporate COO, Seth Johnson. “First, the creation of this department will help us better serve our customers by...
