Latest Professional Liability Headlines
All the headlines from our Professional Liability Topic Page, ordered by recency.
APCapital Reports Fewer Losses, Sees 2003 Profits
Feb 14 2003 // American Physicians Capital Inc. reported a net operating loss of $1.1 million, or 12 cents per diluted share, in the fourth quarter of 2002, compared to a net operating loss of $14.5 million, or $1.38 per diluted share,...
E.L.M. Insurance Announces New Agents E&O Program
Feb 13 2003 // E.L.M. Insurance Brokers recently announced a new errors & omissions program for insurance agents in California, Oregon, Nevada, Arizona, New Mexico, Colorado, Utah, Idaho, Kansas and Wyoming. Managing general agents...
Risk Retention Groups Owning Up to Success
Jan 27 2003 // Due to the restricted coverages available in the market today, risk retention groups (RRGs) have experienced a significant amount of rapid growth over the past year. At a time when the industry is facing what is perhaps...
E.L.M. Announces New Coverage for Tech Professionals
Jan 17 2003 // E.L.M. Insurance Brokers Inc. a specialist in professional liability has introduced a new package program for technology professionals. The package includes up-to-date errors and omissions language and general liability on...
E&O for Registered Investment Advisors
Jan 13 2003 // Nuts & Bolts: Cambridge Alliance is offering a program for E&O registered investment advisors. Designed for small-to mid-size federal or state registered investment advisors, including financial planners, asset...
E&O for Registered Investment Advisors
Dec 19 2002 // Nuts & Bolts: Cambridge Alliance is offering a program for E&O for registered investment advisors. Designed for small to mid-size federal or state registered investment advisers including financial planners,...
8 is Enough – Programs That Caught Our Eye
Dec 16 2002 // For this end-of-the year edition of Insurance Journal, we looked at some unique or interesting programs and found eight that grabbed our attention. Obviously they do not represent a comprehensive list, which is admittedly...
8 is Enough – Programs That Caught Our Eye
Dec 16 2002 // For this end-of-the year edition of Insurance Journal, we looked at some unique or interesting programs and found eight that grabbed our attention. Obviously they do not represent a comprehensive list, which is admittedly...
E.L.M.’s Mortgage Banker/Broker Program to Include E&O
Dec 5 2002 // E.L.M. Insurance Brokers Inc., a specialist in professional liability, has tailored a new, comprehensive program for mortgage bankers and mortgage brokers that includes errors & omissions and financial institution...
Calif. Court of Appeals Overturns E&O Decision
Dec 3 2002 // In a significant victory for insurance agents and brokers, the Ninth Circuit Court of Appeals has overturned a lower court decision that had permitted an E&O insurer to deny coverage to an insurance broker by...
Real Estate Agents & Mortgage Brokers E&O
Dec 2 2002 // Nuts & Bolts: Dwyer & Associates Insurance Services Inc. is offering a program for real estate agents & mortgage brokers E&O. Endorsements—Mold exclusion, owned property exclusion. Dollars: Policy...
NAMICO Comments on Best’s Rating Upgrade
Nov 28 2002 // The NAMIC Insurance Company (NAMICO), which is also based in Indiana, seems to be doing considerably better than Conseco. A.M. Best recently upgraded the mutual insurer’s financial strength rating to ‘A’...
Converium Gives Details on Reserves, Plans to Raise $200 Million
Nov 19 2002 // Swiss-based Converium Group announced details of the $70.3 million in additional reserves it expects to fund for Converium North America during the fourth quarter. It also plans to raise an additional $200 million through...
Panelists Try to Break Down Mold Issue in E&O
Nov 13 2002 // Orlando, Fla. – A panel on architects & engineers E&O looked at the ramifications of one of the latest issues to impact that segment of the insurance industry – mold – during the second day of...
PLUS President Sees Organization Continue to Grow
Nov 11 2002 // Insurance Journal senior writer Dave Thomas recently interviewed Michelle Duffett, president of the Professional Liability Underwriting Society (PLUS) and owner of Illinois -based Insight Insurance Services. Duffett is the...
Dramatic Market Change Hits Professional Liability
Nov 11 2002 // For most law firms, 2002 and 2003 will be challenging years in respect to securing professional liability insurance. The “new market” is similar to that of the mid-’80s and has caused consolidation of...
PLUS President Sees Organization Continue to Grow
Nov 11 2002 // Insurance Journal senior writer Dave Thomas recently interviewed Michelle Duffett, president of the Professional Liability Underwriting Society (PLUS) and owner of Illinois-based Insight Insurance Services. Duffett is the...
GE Employers Re Agrees to Sell Accountants’ E&O
Oct 21 2002 // GE Employers Reinsurance Corporation (GE ERC) has finalized an agreement to sell the renewal rights on its accountants’ Errors & Omissions business underwritten by its Westport Insurance Corporation to...
FPIC Elects White as President of Subsidiary
Oct 16 2002 // FPIC Insurance Group Inc. of Jacksonville, Fla. announced that Robert E. White, Jr. was elected president of company subsidiary First Professionals Insurance Company Inc. The appointment is effective November 1,...
Errors and Omission
Sep 30 2002 // Nuts & Bolts: Tsuneishi Insurance Agency has available a program for agent’s errors and omission insurance. Available on appointment only basis. Dollars: Policy limits of $1,000,000, higher limits available....
