Professional/Management/Employers Liability News

Allied World North America Enhances Its ForceField Line with Primary D&O

Allied World North America, a company of Allied World Assurance Company Holdings, AG has added a new directors & officers (D&O) product to its ForceField suite of professional liability products. The ForceField Public Company Directors & Officers and Corporate Liability …

Travelers Offers New Coverages Related to the Affordable Care Act

Citing recent survey results that show widespread unfamiliarity among U.S. businesses with requirements of the Patient Protection and Affordable Care Act (PPACA), Travelers has announced the addition of Healthcare Exchange and Civil Money Penalties coverages to its management liability portfolio. …

Allied World Europe Expands Professional Liability Team

Allied World Assurance Company Holdings, AG announced that Allied World Europe has expanded its professional liability team with the addition of two new vice presidents, Alec Goodair as Vice President, European Financial Institutions and Nicholas Lee as Vice President, European …

Cotter to Head New Allied World Office in Sydney, Australia

Allied World Assurance Company Holdings, AG announced the opening of a new branch office of Allied World Assurance Company, Ltd in Sydney, Australia “to further expand distribution networks in the Asia Pacific region.”   Allied World appointed William Cotter, Executive …

Chicago-Based Schmitt Joins Worldwide Facilities to Professional Liability Team

Worldwide Facilities Inc. added William (Bill) Schmitt to its professional liability team. He will work out of Worldwide’s Chicago, Ill., office. Schmitt has 20 years of professional liability insurance experience, primarily in lawyer’s professional liability, and has an in-depth knowledge …

Dealey, Renton in California Hires Olson

Oakland, Calif.-based Dealey, Renton & Associates Insurance Brokers has hired professional liability and risk management specialist Michael Olson. Olson is charged with driving a variety of growth initiatives at DRA. He comes to DRA with experience serving the risk management …

Young Joins Swett & Crawford’s Dallas Professional Services Team

Swett & Crawford, part of the independent global wholesale and reinsurance broking group Cooper Gay Swett & Crawford (CGSC), announced the addition of Ben Young to its professional services practice group in Dallas office. Prior to joining Swett & Crawford, …

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 …

Kentucky Judge Hits Accounting Firm with $99M Fraud Judgment

A large Chicago-based accounting firm has been hit with a $99 million judgment stemming from a fraud lawsuit brought by a Kentucky family that owns dozens of hotels and more than a half-dozen casinos around the country. Kenton (Kentucky) Circuit …

Insurance Network of Texas Announces New Austin Location

Insurance Network of Texas announced it opened new location in Austin on Nov. 15 that will serve as headquarters for its professional services division. The new location is headed by industry veteran Gary Beck. The Professional Services Practice Group aims …