Latest Professional Liability Headlines
All the headlines from our Professional Liability Topic Page, ordered by recency.
Insurance Market Shrinking as Senior Living Industry Grows
Jan 6 2020 // The senior population continues growing at a time when the insurance market for senior living operations is under strain and both trends are expected to continue. The population of Americans over age 80 will double, from 6...
12 New Year’s Resolutions for Insurance Agents
Dec 31 2019 // During the course of a year, Insurance Journal columnists, consultants and other writers dispense countless words of wisdom on how to be a better and more successful professional insurance agent. If you are a veteran...
Ascot Appoints Walter as Executive VP and Head of Cyber & Commercial E&O
Dec 20 2019 // Ascot has appointed Drew Walter as executive vice president and head of Cyber & Commercial E&O. Also joining the team are Tracy O’Hara, Abigail Oliver, Greg Garijanian and Ben Mancuso. Based in New York,...
Mass. High Court Upholds Consent-to-Settle Clause in Malpractice Policy
Dec 20 2019 // Massachusetts’ highest court on Monday rejected arguments that consent-to-settle clauses in professional malpractice insurance policies violate public policy. The Supreme Judicial Court sided with CNA subsidiary...
McDonald’s Wins Battle With Labor, Avoids Joint Employer Liability with Franchises
Dec 13 2019 // McDonald’s Corp. has won a huge victory in a multiyear legal battle over whether it should share responsibility for alleged labor violations in its franchisees’ restaurants, a case that posed a major threat to...
Argo Group Hires QBE’s Grange to Join U.S. Leadership Under New Structure
Dec 3 2019 // Specialty insurer Argo Group International Holdings has named Jeff Grange to serve as an executive vice president for U.S. operations. In this role, Grange will lead the following businesses: Argo Casualty, Argo Pro, Argo...
BerkleyMed and Berkley Healthcare Merged Into One
Nov 25 2019 // W.R. Berkley Corp. said it has combined two of its healthcare-focused operating units in a bid to strength how it offers their products to customers. BerkleyMed and Berkley Healthcare are now blended into a single...
Financial Institutions Offering from Hanover Targets Asset Managers, Depositories
Nov 18 2019 // The Hanover Insurance Group has launched Hanover Financial Institutions Advantage, a new offering that provides small to mid-sized asset managers and depository institutions with coordinated property, casualty, management...
A Few Good Tips to Consider on Outsourcing
Nov 18 2019 // I honestly do not see many agencies benefitting from outsourcing. They think they do, but their results show otherwise. Most of the time, they would be more successful simply with better management as outsourcing is not a...
Senior Living Market Explodes During Challenging Times
Nov 18 2019 // The senior population continues growing at a time when the insurance market for senior living operations is under strain and both trends are expected to continue. The population of Americans over age 80 will double, from 6...
Kaufman Group, Burns & Wilcox Promote 23 Associates Including D’Antoni
Nov 8 2019 // Global insurance services firm H.W. Kaufman Group and its subsidiary Burns & Wilcox, a North American wholesale insurance broker and underwriting manager, have announced numerous leadership promotions. Twenty-three...
Agency E&O: Risk Rises Along with Rates, Cats and Customer Switching
Nov 4 2019 // Agency errors and omissions (E&O) coverage is likely the most important insurance policy an agency purchases. As customer demands rise to an all-time high, having the right E&O coverage and ensuring best practices...
Ironshore Names Leahy as President of Professional Liability Unit IronPro
Nov 1 2019 // Ironshore has announced that Thomas F. Leahy, Jr. has been named president of IronPro, its professional and management liability division. He will be responsible for overseeing all aspects of marketing, underwriting and...
Miami Specialty Risk Launches Lloyd’s-Backed Cyber, Technology E&O Facility
Oct 31 2019 // Miami Specialty Risk has launched a new cyber and technology E&O facility available in all 50 states. Backed by Lloyd’s of London, the Miami Specialty Risk facility is comprised of three products: SME Cyber and...
How Specialty Carriers Approach Product Innovation: Research, Repeat and Reuse
Oct 30 2019 // “The industry really does look to specialty writers to be at the forefront of innovation,” says Gail McGiffin. Specialty insurance carriers have a unique “toolset” that helps them grow through...
Last Chance to Participate in Insurance Journal’s Agency E&O Survey
Oct 23 2019 // Today is the final day to participate in Insurance Journal’s exclusive 2019 Agency Errors & Omissions Survey. All participants will receive a copy of the survey’s report published in Insurance Journal...
Agency E&O Survey: Deadline to Participate Approaching
Oct 18 2019 // Why do agencies purchase agency E&O coverage? Are premiums trending up, down or staying the same? What restrictions are agencies seeing in their E&O coverage? These questions and more are part of Insurance...
Arthur J. Gallagher & Co. Acquires Florida-Based Direct To PolicyHolder (DTPH)
Oct 15 2019 // Arthur J. Gallagher & Co. has acquired Ponte Vedra Beach, Florida-based The Doyle Group, Inc. and its affiliates, collectively doing business as Direct To PolicyHolder (DTPH). Terms of the transaction were not...
How Emerging Risks for Medical Device Manufacturers Create Opportunities for Agents
Oct 7 2019 // The medical device industry is an expanding market with significant growth forecasted over the next decade. According to KPMG data, global predictions reveal the life sciences sector will grow by more than 5% per year,...
Berkley DP to Offer $1M Per Project Primary Limits to Design Professional Insureds
Oct 4 2019 // Berkley Design Professional (Berkley DP), a division of Berkley Alliance Managers, a Berkley Company, now offers per project primary (PPP) limits of $1 million for Berkley DP policyholders. This $1 million limit applies to...
