management liability News

CFC Enhances Management Liability Policy

Specialist lines underwriting agency CFC Underwriting has upgraded its management liability policy, ExecSurance ML. ExecSurance ML is a management liability policy designed specifically for the needs of the modern day small- and medium-sized businesses. Brokers and their clients can pick …

The Hartford Enhances Small, Midsize Business Management Liability Coverage

The Hartford has enhanced its private company management liability offerings with Private Choice Ovation, a package policy with updated and expanded coverage options designed to address emerging exposures facing business owners and management teams today. “As small and midsize business …

Travelers Adds Special Expense Coverage to Public Entity Policies

Travelers has enhanced its public entity management liability (PEML) policy that provides limited special expenses coverage reimbursement related to the replacement of key employees in the event of a death or medically confirmed situation that results in their resignation or …

ACE Launches New Management Liability Options for Health Care Organizations

The ACE Group has launched ACE Express Private Health Care Protection and ACE Express Not-For-Profit Health Care Protection policies specifically designed for the new exposures facing health care organizations. The policies address exposures such as an increase in False Claims …

American Resources Insurance Co. Expands Rockwood Partnership

American Resources Insurance Company (ARIC) has broadened its partnership arrangement with Rockwood Programs. The new relationship provides ARIC’s producer network with access to an array of management and professional liability products, including insurance agent’s errors & omissions (E&O). “By expanding …

Monitor Liability Managers Enhances Golf Course, Country Club Coverage

Monitor Liability Managers has enhanced its nonprofit management liability coverage for golf courses and country clubs. Golf courses and country clubs cope with all types of lawsuits, from employment-related lawsuits like harassment and discrimination to business practice suits like misappropriation …

Monitor Liability Managers Promotes Lyngaas to Vice President

Monitor Liability Managers LLC, based in Rolling Meadows, Ill., has promoted Lynette Lyngaas to the position of vice president of underwriting – employment practices liability, management liability. Lyngaas, formerly assistant vice president of underwriting – employment practices liability, management liability, …

Torus Survey: Top Issues in Management Liability & Professional Lines Market

A recent survey* undertaken by global specialty insurer Torus has highlighted a myriad of current issues facing the management liability and professional lines market. Designed to identify key trends affecting this segment, Torus found that: Management liability and professional lines …

Markel Adds DataBreach Mitigation to Management Liability Policies

Markel is now offering DataBreach Mitigation coverage for its management liability product line. The policy includes a sublimit for PR expense coverage, notification and related legal expenses, and voluntary credit monitoring. This coverage extension is offered by Markel on an …

CNA Expands Management Liability Coverage for Aging Services Providers

CNA insurance companies has announced changes in its management liability coverage form for not-for-profit aging services providers. The global business insurers’ Epack Extra policy and coverages, previously offered only to other not-for-profit organizations, is now available to providers such as: …