management liability News

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: …

New Jobs Act Does Not Reduce Management Liability

Any U.S. corporate executives who think they can use the Jobs Act’s relaxed rules for public listing to cut corners on accounting and disclosure may want to think again. The Act, signed into law by President Barack Obama last Thursday, …

The Hanover Furthers Its West Reach With New Pacific Region

The Hanover Insurance Group Inc. is launching a second region in the Western U.S. A newly created Pacific Region will be led by David Kuhn, who has joined The Hanover as regional president. This new territory includes branch offices in …

PPIB Introduces Professional Lines Program

Professional Program Insurance Brokerage (PPIB) has launched a nationwide program with coverage for employment practices liability, directors and officers and fiduciary risks. The product, backed by a carrier rated “A” by A.M. Best, is designed for public, private and nonprofit …