Professional/Management/Employers Liability News

Want to Know More About Agency E&O? Participate Now.

Insurance Journal is asking for participation in its 2016 Agency Errors & Omissions Survey. This survey report will share key insights on today’s Agency E&O market. Participate now to learn more about the market. The survey is designed specifically for independent …

Uptick in Lawyers’ Liability Claims; Business Transactions Top Claim: Study

Law firms have seen an increase in the frequency of malpractice claims, which are becoming more costly to defend and could cause lasting reputational damage, according to a new study by insurance broker Ames & Gough. The study found that …

Risk Strategies Acquires Dallas-Based McLaughlin Brunson Agency

National insurance brokerage and risk management firm, Risk Strategies Company, has acquired Dallas-based McLaughlin Brunson Insurance Agency. McLaughlin Brunson provides insurance products and services to architects, engineers and certified professional accountants in Texas and Oklahoma. The firm will be known …

BHSI Launches Asset Management Liability Policy in Asia

Berkshire Hathaway Specialty Insurance Co. (BHSI) has introduced Professional First™ Asset Management Liability Insurance for mutual funds, alternative funds and asset managers in the Asian market. BHSI describes the coverage as a “comprehensive and clearly worded professional liability, directors & officers …

Allied World Appoints Herron as VP in Australia Professional Liability Team

Allied World Assurance Co. Holdings announced that Michael Herron was appointed vice president, Professional Liability – Allied World Global Markets. Based in Sydney, Australia, Herron will be responsible for the growth and development of the company’s Australian professional liability business. …

BHSI Launches Miscellaneous Professional Liability Insurance in Canada

Berkshire Hathaway Specialty Insurance (BHSI) has introduced Professional First Miscellaneous Professional Liability (MPL) Insurance in Canada. The new MPL policy provides claims-made coverage for professionals and professional services firms facing allegations of negligent acts, errors or omissions, misstatements, misleading statements, …

Founders Professional Promotes Williams to Professional Liability Broker

Founders Professional has promoted Jaimee Williams to professional liability broker in Chicago. Williams will be responsible for the continued expansion of Founders’ footprint in the small law firm space. Williams joined Founders Professional in 2012, and most recently held the position of …

Risk Strategies Acquires Illinois-Based M.G. Welbel & Associates

Risk Strategies Co. has acquired M.G. Welbel & Associates (MGW), a Northbrook, Ill.-based professional liability insurance specialty broker. Terms of the deal were not made public. MGW’S focus is on lawyers and design professionals, including architects, engineers and surveyors. The …

OneBeacon Names Garganigo as Senior VP, Professional Liability

Marc Garganigo has joined OneBeacon Insurance Group as senior vice president of Professional Liability. Garganigo will oversee the company’s Design Professional business unit and will identify expansion opportunities into other professional liability customer groups. Garganigo has 23 years of industry …

BHSI Enters Australia Construction Insurance Market; Appoints Team Execs

Berkshire Hathaway Specialty Insurance Company (BHSI) announced it is providing comprehensive insurance and services for the construction industry in Australia and named a team of executives to oversee key areas of its construction business. BHSI said it is offering construction …