OneBeacon Professional Partners business reports that it will begin offering managed care errors and omissions coverage on an admitted basis.
The company, a unit of OneBeacon Insurance Group, said filings have been approved in 33 states, including Florida, Illinois and Texas, and the District of Columbia. The company has submitted filings in another 16 states as well as Puerto Rico.
According to Matt Dolan, president of OneBeacon Professional Partners, since its introduction in the ’90s, managed care E&O coverage has only been available on a surplus lines basis.
“Admitted paper eliminates the various obligations associated with surplus lines paper and may provide clients the protection of the applicable guarantee funds in many states,” maintained Dola.
Source:
OneBeacon Professional Partners
www.onebeaconpro.com/
Topics Professional Liability
Was this article valuable?
Here are more articles you may enjoy.
US P/C Underwriting Results: Two Years in a Row Over $20 Billion in the Red 
Coverage Needed: Hundreds of Thousands in SE Now in Flood Zones With New Maps 
Progressive to Pay $48M to New York Drivers Over Underpaid Total Loss Claims 
US Home Insurance Still Priced Too Low for Climate Risk, Says Swiss Re Chair 
