Professional/Management/Employers Liability News

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 …

ThinkRisk, Aspen Launch New Private, Non-Profit Management Liability Program

ThinkRisk Underwriting Agency, a division of RSG Underwriting Managers, LLC, and Aspen US Insurance have launched a new national management liability package program.  The product is available on an admitted basis in most states and offers multiple coverage lines for …

ProWriters Launches Small Business Online Quoting Platform

ProWriters is now providing agents and brokers access to online quoting and binding for small business professional liability insurance with general liability and/or a business owners policy (BOP). Quotes for small business risks can be accessed from an online portal …

WKFC Launches Miscellaneous Professional Liability Program

Ryan Specialty Group’s WKFC has launched a miscellaneous professional liability program with the Chubb Group of Insurance Cos. (Chubb). The miscellaneous professional program is available for more than 100 classes of business that are not covered by traditional coverage. The …

Fireman’s Fund Names Dipasupil Vice President

Novato, Calif.-based Fireman’s Fund Insurance Co. named Jay Dipasupil vice president of professional liability. Dipasupil will lead Fireman’s Fund’s professional liability business, and will be responsible for managing the professional liability line of business, specifically professional services and healthcare. Dipasupil …

Allied World Launches Admitted Lawyers Professional Liability Product

Allied World U.S. has launched a new admitted lawyers professional liability product: Allied World LPL Assure. LPL Assure includes provisions specifically addressing privacy and network security wrongful acts, with coverage up to the full policy limit for no additional premium. …

RSC Opens Professional Practices Group in California

Risk Strategies Co., a national insurance and benefits brokerage and risk management firm based in Boston, launched a new professional practices group concentrated in California. The group specializes in providing professional liability and errors and omissions insurance, property/casualty insurance solutions …

CFC Enhances Management Liability Policy

Specialist lines underwriting agency CFC Underwriting has upgraded its management liability policy, ExecSurance ML. ExecSurance ML is a management liability policy designed specifically for the needs of the modern day small- and medium-sized businesses.  Brokers and their clients can pick …