Latest Professional Liability Headlines
All the headlines from our Professional Liability Topic Page, ordered by recency.
People
May 2 2011 // Dallas-based insurance brokerage firm Roach Howard Smith & Barton (RHSB) appointed Tom A. Hughston as its new CEO. Hughston, previously the company’s executive vice president, is an established leader in the...
E&O for Agents – A Necessity Even if Mistakes Don’t Happen
May 2 2011 // Errors and omissions insurance is available, and necessary, not just because mistakes happen. A customer’s perception can be that the reason a loss was not covered, valid or not, was the result of an agent’s...
Markel Programs, Burns & Wilcox Partner to Offer Real Estate E&O Program
Apr 28 2011 // Markel has partnered with Burns & Wilcox to offer a Real Estate Errors & Omissions program to a range of residential and commercial real estate industry accounts. This Markel Programs/Burns & Wilcox product...
People
Apr 18 2011 // American International Group Inc. (AIG) reorganized Chartis, its global property/casualty business, and named a new management team. Among the changes was a new CEO, Peter D. Hancock, currently AIG executive vice president...
Health Care Market’s Explosive Growth Offers Agents New Professional Liability Opportunities
Apr 18 2011 // The world of professional liability can be a foreign place for many agents and brokers alike. The policies vary from carrier to carrier so no universal form is used as the standard insuring agreement. Terminology such as:...
E&O Insights: Are Your Customers Properly Protected for Business Interruption?
Apr 18 2011 // While you may answer the question posed in the headline by saying that most of your commercial customers have business interruption coverage, the issue here is not whether they have the coverage, but whether they are...
Synergy Professional Associates Launches Small Firm Lawyers E&O Program
Apr 14 2011 // Synergy Professional Associates has a new lawyers professional liability program, which focuses on small firms with a specialty in intellectual property. The new facility targets firms from one to 10 attorneys who have a...
Navigators Expands Professional Liability Division
Apr 12 2011 // The Navigators Group, Inc.’s principal underwriting subsidiary, Navigators Management Co., Inc., has expanded its professional liability capabilities by partnering with the Herbert H. Landy Insurance Agency to...
Allied World Introduces Small to Mid-Size Company Privacy Coverage
Apr 11 2011 // Allied World Assurance Company Holdings, AG has introduced Allied World U.S.’s new privacy and network security insurance product, Privacy//101. Designed for small to mid‐size companies, law firms, healthcare and...
O’Hare Joins Texas-based Medicus as Claims Director
Apr 8 2011 // Medical professional liability insurance carrier, Austin, Texas-based Medicus Insurance, announced that James O’Hare as has joined the company as Claims director. Prior to joining Medicus, O’Hare was vice...
Agents, Adjusters Vulnerable to Lawsuits Even When They’re Not to Blame
Mar 30 2011 // Agents and adjusters have completely different roles in the insurance industry but as intermediaries between insurance companies and their customers they have one critical thing in common: They often get pulled into claims...
National Legal Association Selects The Hanover as Lawyers E&O Provider
Mar 29 2011 // The Hanover Insurance Group, Inc. has been selected by the National Legal Aid and Defender Association (NLADA) as the exclusive provider of lawyers professional liability coverage for its members. Wells Fargo Insurance...
Protective Specialty Announces Expansion of Professional Liability Product Offerings
Mar 25 2011 // Indianapolis, Ind. – Mar 25 2011 – Protective Specialty Insurance Company (PSIC) has expanded its product offerings to include Technology Professional Liability, Architects and Engineers Professional Liability...
The Funnel of Agency E&O Claims
Mar 21 2011 // This industry is filled with confusing and often contradictory recommendations regarding how to avoid E&O claims. This is frustrating for me, so I know it is frustrating for agents. I believe the source of the...
Hot Programs and Products
Mar 21 2011 // Here’s what some insurers and brokers have been up to recently, inventing and tweaking key programs and coverages. Liability: Professional, E&O, D&O, EPLI CNA launched Epack Extra, an enhanced version of...
Agency E&O Liability for Failing to Procure Coverage
Mar 21 2011 // Insurance agents can be sued by their clients for breach of contract or negligence when they fail to procure appropriate insurance coverage. Generally, an insurance agent or broker who undertakes to procure insurance for a...
E&O Insights: Common Auto, Homeowners Errors
Mar 7 2011 // An Estimated 30% of All Agency E&O Claims Arise from Handling Auto and Homeowners Business When dissecting Errors & Omissions claims frequency, it is apparent there is real E&O exposure for agencies writing...
How Agents Can Serve Their Local Technology Sector
Mar 7 2011 // Late last year, Paul Allen, co-founder of Microsoft, filed a lawsuit over alleged patent infringement against some of the biggest names in technology, including Facebook, Google and Apple. For some, the lawsuit may appear...
Align Adds Parrish to Professional Liability Unit
Mar 3 2011 // Align Financial Group Inc. announced that Joshua Parish has joined the firm as vice president of the company’s newly acquired professional liability subsidiary, E.L.M. Insurance Brokers. Parrish will establish and...
Chubb Launches E&O, GL Insurance Policy for Life Sciences Firms
Mar 1 2011 // The Chubb Group of Insurance Companies is offering newerrors and omissions (E&O) and general liability insurance policies to address risks faced by life sciences companies. Chubb’s general liability policy,...
