Professional Liability Insurance News

RSG’s CorRisk Solutions Enhances Architects & Engineers Program for SMEs

CorRisk Solutions, a division of RSG Underwriting Managers, LLC, has made enhancements to its small-to medium-sized enterprise architects and engineers professional liability program. CorRisk Solutions will underwrite, quote and bind new and renewal U.S. broker and agent produced SME architects …

XL, RPS/Plus to Offer Professional Liability Coverage to Title, Escrow Agents

XL Group and RPS/Plus Cos. have expanded their underwriting partnership to bring professional liability insurance to title & escrow agents. According to Erin Fry, head of Programs for XL Group’s Select Professional business in North America, XL Group and The …

CapSpecialty Adds D&O, EPL Product to Insurance Company Coverage Offerings

CapSpecialty has launched a new insurance company directors & officers/employment practices liability (D&O/EPL) product issued by Capitol Specialty Insurance Corp. Insurance company D&O/EPL is a specialty product expressly designed for small and mid-sized insurance companies, offering wholesale brokers an additional …

Century Risk Advisors Launches Professional Liability Division

Century Risk Advisors (CRA), an independent brokerage and risk management agency, has launched a new Professional Practice Division that will specialize in creating risk management and insurance programs for law firms, accounting firms, and other professional practices.  The new division …

Business Risk Partners, LIU Launch New E&O Policy Form for Agents, Brokers

Program administrator Business Risk Partners (BRP) has launched a new insurance agents and brokers professional liability form through Liberty International Underwriters (LIU), a division of Liberty Mutual Insurance. It’s the first major policy upgrade since 2008, when BRP and LIU …

Lockton, Visiting Nurses Association Launch Professional Liability Program

The Visiting Nurse Associations of America (VNAA) and specialty broker Lockton Affinity have launched a new insurance program to protect nurses and Visiting Nurse Association member agencies. VNAA is sponsoring the professional liability insurance program to provide enhanced protection for …

Competition Softens Rate Hikes for Architects, Engineers in 2014: Survey

Although most insurers providing professional liability insurance for architects and engineers sought to raise rates last year, the size of the increases generally failed to meet their expectations. Nevertheless, nearly all leading insurers offering this specialty coverage did see premium …

Great American Introduces Enhanced Coverage for Human, Social Service Groups

Great American Insurance Group has launched enhanced professional liability coverage for human and social service organizations. The coverage, offered through its Specialty Human Services Division, is designed to protect these organizations from lawsuits they may face for the professional services …

Protx Risk Management Launches Bancshield+ Portfolio for Community Banks

Protx Risk Management LLC, a managing general agency that focuses on professional liability insurance, has introduced a suite of professional liability products for U.S. community banks, including directors and officers liability, employment practices liability, fiduciary liability, bankers professional liability including …

Ironshore Canada Launches PL Coverage for Private Equity Risks

IronPro, the professional and management liability unit of Ironshore Canada Ltd., has introduced a professional liability policy for Canadian-based private equity and venture capital firms to protect against portfolio investment risk exposures worldwide. IronPro’s private equity liability insurance policy is …