Latest Professional Liability Headlines
All the headlines from our Professional Liability Topic Page, ordered by recency.
2021: The Year of Insurance Agency E&O Lawsuits
Feb 8 2021 // Insurance agents and brokers should prepare for a big agency errors and omissions (E&O) litigation wave to crash their shores in 2021. Agency E&O claims are a lagging indicator, meaning plaintiffs typically only go...
What the Recessionary Environment Means for E&O Exposures
Feb 8 2021 // 2020 was a year of disruption, change and challenges. Businesses were forced as never before to adapt in order to survive. With these changes, many businesses took on new exposures that potentially threaten their...
Attune to Offer General, Professional Liability Products Through Hiscox
Jan 22 2021 // Attune Insurance Services, LLC has launched general liability and professional liability products with Hiscox serving as the carrier. The Attune and Hiscox partnership adds over 180 new classes and two admitted products to...
2020 Could Make 2021 the Year of Insurance Agency E&O Lawsuits
Jan 21 2021 // Insurance agents and brokers should prepare for a big agency errors and omissions (E&O) litigation wave to crash their shores in 2021. Agency E&O claims are a lagging indicator, meaning plaintiffs typically only go...
Cannabis Broker Spotlight: Sherman with PSA Saw Cannabis as Natural Step from Professional Liability
Jan 7 2021 // Editor’s note: This part of a series of profiles on cannabis brokers, in which Insurance Journal explores why and how these folks got into the business, the ups and downs of insuring cannabis, as well as a few tips...
Hudson Gains Professional Lines Renewal Rights, Experienced Team from Validus
Jan 7 2021 // Hudson Insurance Group has completed a business transfer agreement with Validus Specialty Underwriting Services for the renewal rights transfer of a select portfolio of Miscellaneous Professional Liability, Financial...
Craig to Lead Skyward Specialty’s New Healthcare Professional Liability Unit
Jan 6 2021 // Houston-based specialty property/casualty insurance holding company, Skyward Specialty Insurance Group Inc., has named professional liability insurance executive Brenda Craig as senior vice president and leader of the...
Core Specialty Adds Tokio Marine’s Jacobs to E&O, Professional Liability Team
Dec 28 2020 // Cincinnati-based Core Specialty Insurance Holdings reported that Jeff Jacobs has joined as senior vice president, head of Errors and Omissions Professional Liability. Jacobs has 30 years of insurance sector experience...
Giller Named VP in Tokio Marine HCC’s Cyber, Professional Lines Group in Chicago
Dec 16 2020 // Tokio Marine HCC – Cyber & Professional Lines Group has promoted Ari Giller to vice president of Cyber and Tech Underwriting, responsible for overseeing the West Coast and Midwest underwriting divisions. He is based...
MGA Focused on Professional Liability Starts in California
Dec 15 2020 // ProFinity Insurance Services in Los Angeles, Calif., a specialty MGA, recently opened its doors to wholesale distribution. ProFinity is led by Ravi Uthayashanker, formerly of Lloyd’s of London, where his main focus...
New MGA Seeks To Streamline Professional Liability Coverage
Dec 15 2020 // ProFinity Insurance Services to offer wholesale solution for design, engineering, construction and manufacturing LOS ANGELES, Dec. 14, 2020 – ProFinity Insurance Services, a specialty MGA focused on the design,...
NFP Hires Franznick to P&C Division as Senior Vice President
Dec 3 2020 // NFP, an insurance broker and consultant that provides property and casualty, corporate benefits, retirement and individual solutions, has hired Jonathan Franznick to its P&C division as a senior vice president. In this...
Berkshire Hathaway Specialty Promotes Rootenberg, Scully to Claims Leadership
Nov 19 2020 // Berkshire Hathaway Specialty Insurance (BHSI) announced a pair of promotions in its Executive & Professional Lines Claims group, naming Shelby Rootenberg as senior vice president, head of U.S. Commercial Lines (Public)...
Professional Liability Underwriters Feeling Pressure From COVID: AM Best
Nov 13 2020 // The COVID-19 pandemic is creating varying levels of disruption for writers in the U.S. professional liability insurance market, with many expecting a sizable increase in claims, according to a new AM Best report. With its...
U.S. P/C Insurer Impairments Rise Slightly in 2019: AM Best
Nov 5 2020 // The U.S. property/casualty industry saw 13 new insurance company impairments in 2019, two more than in 2018, involving entities operating in a mix of lines of business and a variety of states, according to a new AM Best...
Berkshire Hathaway GUARD Expands Architects & Engineers Coverage Into 3 States
Nov 2 2020 // Berkshire Hathaway GUARD Insurance Companies has expanded the list of states the company offers its architects and engineers professional liability product to include Colorado, Kansas, and Wisconsin. With these three...
Agency E&O Survey: More See Premiums on the Rise
Nov 2 2020 // According to Insurance Journal’s 2020 Agency E&O survey, slightly more than half of all respondents (50.2%) saw an increase in their E&O renewal premium from 2019 to 2020, and 53.8% expect another increase at...
Agents’ E&O Under Pressure
Nov 2 2020 // The agency errors and omissions liability market has enjoyed stable market conditions for years. But that could be changing as agents and their insureds attempt to balance emerging risks in a changing insurance market. The...
Nexus Specialty Adds Schneider, Fayette in Chicago
Oct 30 2020 // Nexus Specialty has hired Katie Schneider as assistant vice president, Management & Professional Liability, in the group’s Chicago, Ill., office. The company also named William K. Fayette, senior underwriter,...
How Many Screwdrivers Do You Need?
Oct 19 2020 // If you do not do much home or auto maintenance or build furniture, or in general, you just don’t do much with hand tools for any reason, then you probably only need two screwdrivers — a Phillips #2 and a...
