Professional Liability Insurance News

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 …

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 …