Chicago Underwriting Group Inc., the professional liability underwriting division of Old Republic Insurance Co., is changing its name to Old Republic Professional Liability Inc.
The company said the new name more clearly identifies with its ultimate parent, Old Republic International Corp. and its family of multi-line insurance companies.
Formed in 1983, Old Republic Professional Liability is a specialist in Directors & Officers (D&O) liability insurance for American businesses and other institutions. While serving a variety of industries, the company retains as clients a large number of technology, biotechnology and life science firms. It currently insures 50 percent of the NASDAQ 100 Index and 60 percent of the NASDAQ Biotechnology Index.
Source: Old Republic Insurance Group
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