Professional Liability Insurance News

Brazilian Butt Lift Clinics Must Now Carry Liability Insurance Under New Florida Law

Practitioners of Brazilian butt lift surgery, repeatedly in the news after infections and at least two patient deaths in south Florida, must now obtain medical malpractice liability insurance, thanks to a bill signed into law last month. House Bill 1561, …

Markets/Coverages: Mosaic Launches Suite of Professional Liability Products for Specialist Engineers

Mosaic Insurance, the Bermuda-based specialty insurer, has launched a suite of professional liability products for specialist engineers, offering $15 million in targeted primary coverage for unique risks. The new form offers a dedicated product, with core coverage of professional liability, …

South Florida ‘Butt Lift’ Surgery Clinic Linked to 15 Drug-Resistant Bacteria Infections

Florida and federal health officials have determined that 15 infections from drug-resistant bacteria have been linked to a south Florida clinic that performed Brazilian “butt lift” surgeries in 2022 and 2023. “Multiple lapses in infection control and prevention were found …

Alabama Governor Signs Legislation Protecting IVF Providers from Legal Liability

MONTGOMERY, Ala. (AP) — Facing pressure to get in vitro fertilization services restarted in the state, Alabama’s governor swiftly signed legislation into law Wednesday shielding doctors from potential legal liability raised by a court ruling that equated frozen embryos to …

FTX Investors Sue Sullivan & Cromwell, Say Law Firm Aided Fraud

FTX investors sued Sullivan & Cromwell, accusing the law firm of aiding illicit schemes that helped advance a multi-billion dollar fraud before the crypto exchange’s collapse. Sullivan & Cromwell’s services “went well beyond those a law firm should and ordinarily …

Markets/Coverages: Vantage Risk Offers U.S. Pollution, Professional Liability Insurance for Environmental Risks

Vantage Group Holdings Ltd., the Bermuda-based insurer and reinsurer, has extended its Contractors Pollution Liability (CPL) and professional liability offerings to environmental contractors and consultants, expanding the company’s participation across the design and construction lifecycle. Vantage’s pollution and professional liability …

Florida Man Posed as Veterinarian, Did Surgery on Dog Who Died, Sheriff Says

A southwest Florida man was arrested Friday for claiming to be a veterinarian and performing surgery on a pregnant dog who died of complications from the procedure, authorities said. The man was a licensed pet groomer but not a licensed …

Australia Cracks Down on Promoters of Dodgy Tax Schemes After PwC Leak Scandal

Australia will drastically toughen penalties against promoters of dodgy tax schemes and beef up regulatory powers under reforms announced on Sunday in response to a scandal over the use of leaked fiscal plans by PwC Australia. The leak of the …

PwC Australia Asset Sale Unlikely to Repair Firm’s Tarnished Reputation: Experts

PwC Australia’s sale of its government consulting business may give it temporary respite from a crisis in its tax practice but is unlikely to repair its toxic brand in the country anytime soon, according to experts. PwC said on Sunday …

Americanas’ $4B Accounting Scandal Puts More Scrutiny on PwC’s Auditing Record

A $4 billion accounting shortfall would typically raise alarm bells for an auditor. Somehow, a PricewaterhouseCoopers LLP affiliate didn’t catch it at Americanas SA. Investor and consumer groups are calling for closer scrutiny of the accounting firm after the unveiling …