Latest Professional Liability Headlines
All the headlines from our Professional Liability Topic Page, ordered by recency.
Agency E&O Survey: Why Agents Buy Coverage
Nov 22 2011 // Agency owners have a lot to protect. Of course, first and foremost they must protect their clients. But they must also protect their book of business. They must protect their relationships. They must protect their...
E&O Insights: Can the Manner in Which an Agent Handles a Claim Cause an Errors & Omissions Claim?
Nov 21 2011 // The answer to the question posed in the headline is a definite “yes.” This has actually developed into a significant issue for agents and is one of the current errors and omissions (E&O) hotspots agents...
Contractors, Agents Fight to Stay Afloat in Distressed Construction Market
Nov 21 2011 // Some Signs Point to Better Times Ahead, Experts Say The construction market is showing hints of improvement, if only slightly, according to insurance specialists for this market. The contractor class has been one of the...
How to Produce and Keep Happy Claimants
Nov 21 2011 // The best way to keep agency customers happy is to avoid claims in the first place but, of course, that’s easier said than done. When claims do happen, independent agents can play a valuable role in determining...
Washington Casualty Names New Marketing Vice President
Nov 16 2011 // Washington Casualty Company (WCC), a provider of medical professional liability coverage and member company of Boston, Mass.-based Coverys, has promoted Cary Ecker to vice president of marketing. Cary will manage the WCC...
Insurance Executive: IMDb’s Counter Against Actress Is Savvy Business Move
Nov 15 2011 // The Internet Movie Database’s decision to battle the anonymous actress who sued it for revealing her age may not only be a good defense but it’s also a savvy business and public relations strategy that may...
Torus Launches U.S. Professional, Management Liability Products
Nov 8 2011 // Torus now has U.S. professional and management liability primary underwriting capabilities. Led by Jeffrey Grange, senior vice president, head of professional lines, the offering includes products across three segments:...
IronHealth to Offer Medical Professional Liability for Qualified Health Centers
Nov 8 2011 // IronHealth, the specialty healthcare unit of Ironshore Inc., is offering medical professional liability coverage for federally qualified health centers to provide protection for deemed and non-deemed healthcare services,...
People
Nov 7 2011 // Westfield Insurance, headquartered in Westfield, Ohio, selected Dennis Baus to lead the company’s surety operations. Baus assumes the national surety leader responsibilities on Jan. 1, 2012, replacing Rick Kinnaird...
2011 Agency E&O Survey
Nov 7 2011 // Agency owners have a lot to protect. Of course, first and foremost they must protect their clients. But they must also protect their book of business. They must protect their relationships. They must protect their...
People
Nov 7 2011 // Jim Donelon has been re-elected commissioner at the Louisiana Department of Insurance. Donelon, a Republican from Metairie, on Oct. 22 defeated Democrat Donald Hodge. Donelon has been insurance commissioner since...
Procedural Consistency: A Good Defense for Agency E&O
Nov 7 2011 // I have often been asked why procedural consistency is important for reducing errors and omissions (E&O) exposures. Another way of asking the question is, “Why is inconsistency an issue?” Let’s first...
Argo Launches New Management Liability Policy for Private Companies
Nov 3 2011 // Argo Insurance, a member of Argo Group International Holdings Ltd. has introduced Private Playbook, a management liability package policy offering private companies access to various professional lines coverages, including...
Why Real Estate Professionals Need E&O Coverage
Oct 31 2011 // As real estate professionals know well, most signs point to slow progress in real estate industry growth. Professionals are left to manage their costs, make cuts where possible, keep up-to-date on industry trends, fight...
Aspen U.S., V3 Insurance to Offer Misc. E&O, Optional Premises Liability Program
Oct 31 2011 // Aspen U.S. Insurance has partnered with V3 Insurance Partners LLC, a managing general underwriting agency, to offer Vantage360 MPL+, a miscellaneous professional liability and optional premises liability program available...
EBRM Launches BCS Errors & Omissions Insurance
Oct 27 2011 // EBRM has launched a new BCS errors & omissions policy available only to authorized agents of EBRM, a general agency of Blue Cross and Blue Shield of Illinois. The policy is a guaranteed issue insurance plan that...
Last Chance to Participate in IJ’s Agency E&O Survey
Oct 21 2011 // Don’t miss your chance to find out what’s been going on with insurance agents’ errors and omissions (E&O) insurance. The deadline to participate is Monday, Oct. 24. This annual survey solicits the...
Gumtree Wholesale Insurance Hires Cota in Missouri Office
Oct 20 2011 // Vicki Cota has been named underwriter/broker at Gumtree Wholesale Insurance Brokers Inc. in its Springfield, Mo., office. She previously served as professional liability underwriter for Bohrer-Croxdale & McAdoo...
Don’t Miss This Year’s Agency E&O Survey
Oct 18 2011 // Once again, Insurance Journal is polling its readers asking for their thoughts on today’s agency errors and omissions market. Don’t miss your chance to find out what’s been going on with insurance...
Kephart Joins IIAT as E&O Marketing Specialist
Oct 17 2011 // Gunnar Kephart has joined The Independent Insurance Agents of Texas as E&O marketing specialist. In this newly created role, Kephart will advise agents on errors and omissions issues and assist with their E&O...