Professional Liability Insurance News

Allied World Enhances Professional Risk-Transfer Product

Allied World North America has introduced an enhanced professional risk-transfer organization (PRO) professional liability product. The product offers greater flexibility and a more responsive design, enabling clients to select and use only the coverages they need by choosing from an …

BHSI Launches Bankers Professional Liability Insurance Program

Berkshire Hathaway Specialty Insurance (BHSI) today launched Professional First Bankers Professional Liability Insurance in the U.S., adding to its executive and professional liability products for financial institutions. Professional First Bankers Professional Liability Insurance offers banks, their executives and employees, coverage …

ANV Launches Miscellaneous Professional Liability Program in U.S.

ANV Underwriters, the international managing general underwriter (MGU) segment of global speciality insurance group ANV, has launched a new North America Miscellaneous Professional Liability (MPL) product and team. The new MPL product expands ANV’s MGU presence in the U.S. market …

BHSI Launches E&O Coverage for Insurance Executives, Employees

Berkshire Hathaway Specialty Insurance (BHSI) has introduced Professional First Insurance Company Professional Liability Insurance, which provides customizable coverage for U.S. insurance companies, their executives and employees. The policy provides coverage for claims arising from alleged errors or omissions in the …

General Star Expands Admitted Architects & Engineer Coverage to 3 Southeast States

General Star has expanded its Architects and Engineers Professional Liability program on an admitted basis in North Carolina, South Carolina and Georgia. These three states join New York, New Jersey and Pennsylvania as territories in which admitted paper is obtainable. …

The Hartford Expands Professional Liability Products to Small Business

The Hartford has launched a new professional liability insurance offering to help protect small businesses in the event they are sued by a customer claiming a negligent act, or error or omission in the professional services they provide. This new …

Schinnerer Unveils New Architects & Engineers Professional Liability Form

Victor O. Schinnerer & Company, an underwriting manager, has launched a new professional liability policy form for design professionals. The new form includes a variety of policy enhancements for large, mid-size, and small architecture, engineering, surveying, and design consultant clients. …

Executives Examine D&O Claim Trends, Cyber Exposure

A number of industry executives spoke with Insurance Journal recently to share their observations on the current directors and officers liability insurance claim trends. Executives also spoke about a new potential D&O exposure that’s been getting a lot of attention …

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 …