Latest Professional Liability Headlines
All the headlines from our Professional Liability Topic Page, ordered by recency.
Private Firms Lose Privacy When Liability Battles Reach Courtroom
Apr 21 2017 // “It’s like a Kardashian episode.” That outburst from an unidentified person spoke to the fact that private companies can make their affairs very public in bitter courtroom battles over management...
Pioneer Expands Miscellaneous E&O Division with 2 Pennsylvania Appointments
Apr 20 2017 // Pioneer Underwriters (Pioneer) has appointed Milan Devetak as senior underwriter and Andrew Nowlan as underwriter in the Miscellaneous E&O, Technology & Cyber division of its U.S. underwriting platform, Pioneer...
Connecticut’s Business Risk Partners Hires Stein and Rathore
Apr 19 2017 // Specialty underwriter and program administrator Business Risk Partners (BRP), headquartered in Windsor, Conn., has added two new members to its Professional Liability (E&O) and Operations team. Jennifer Stein was named...
Insurance Rates for Architects, Engineers Stabilize or Decline in 2016: Survey
Apr 17 2017 // Although a slim majority of insurance companies providing architects and engineers professional liability insurance saw their rates stabilize in 2016, nearly one in three experienced modest rate decreases, according to a...
Understanding the Needs of the Hybrid Nonprofit Organization
Apr 17 2017 // The nonprofit of yesterday has evolved, and a new, hybrid nonprofit model has emerged, bringing with it an array of complexities. Human services agencies and nonprofits across the country have recognized crucial needs in...
Cyber Losses Testing Insurance Policy Boundaries
Apr 13 2017 // Now that cyber attacks and data breaches have become common, insurers and risk managers are struggling to assign the resulting costs and losses among different types of insurance. On the one hand, there are traditional...
Insurance Rates for Architects, Engineers Stabilize or Decline in 2016: Survey
Apr 7 2017 // Although a slim majority of insurance companies providing architects and engineers professional liability insurance saw their rates stabilize in 2016, nearly one in three experienced modest decreases in rates. That’s...
Pennsylvania’s V3 Insurance Partners Hires 2, Promotes 1
Apr 7 2017 // V3 Insurance Partners LLC (V3), a Newtown, Penn.-based specialty program administrator offering insurance programs targeted at middle market companies, has added two senior executives to its professional lines practice –...
Beazley Forms ‘Anything Lineslip’ for Hard-To-Place Professional Liability Risks
Apr 6 2017 // Beazley has launched the new Anything Lineslip in London offering terms for all U.S. management, professional, cyber and healthcare liability risks. The Anything Lineslip is led by Beazley, supported by a number of other...
Wilson Named National Accounts Director for Big ‘I’ Professional Liability Program
Apr 4 2017 // Marianna Wilson has been hired to serve as professional liability director for national accounts for the Big ‘I’ Advantage program of the Independent Insurance Agents and Brokers of America. The organization...
Brokers Beware: Data Breach Lawsuit Without the Breach
Apr 3 2017 // In December 2016, it came to light that the Chicago-based law firm of Johnson & Bell had been sued in a purported class action lawsuit brought in the U.S. District Court for the Northern District of Illinois. The...
Underwriting Profits Now Imperative for Medical Liability Insurers: PLUS Report
Apr 3 2017 // For all the changes in healthcare in the past 10 years, the principal challenges facing medical professional liability (MPL) insurance remain much the same as they did during the crisis in the mid-2000s: a high level of...
The Hanover Launches Professional Liability Risk Management Portal
Mar 27 2017 // The Hanover Insurance Group, Inc. has launched a new online portal featuring risk management tools for the professional liability industry. HanoverProRisk offers articles, templates, risk bulletins and seminars focused on...
Argo Pro Enhances E&O Coverage for Professional Services Firms
Mar 24 2017 // Argo Pro, a member of Argo Group International Holdings, Ltd., has launched a new Argo PROtect line of products and enhanced errors & omissions (E&O) forms for four different classes of professional services. The...
BHSI Offers Professional Liability, Network Security & Privacy Cover in Canada
Mar 22 2017 // Berkshire Hathaway Specialty Insurance (BHSI) introduced its Professional First Professional Liability and Network Security & Privacy Policy and announced it has appointed Geoffrey Kendrick as head of Professional...
How Medical Liability Insurers’ $30 Billion ‘Cushion’ Is Also Barrier to Profit
Mar 22 2017 // For all the changes in healthcare over the past 10 years, the principal challenges facing medical professional liability (MPL) insurance remain much the same as they have been since its crisis in the mid-2000s: a high...
Medical Professional Underwriters Weigh Impact of Republican Healthcare Changes
Mar 20 2017 // As they grapple with persistently soft market conditions, medical professional liability (MPL) underwriters must weigh the potential impact on their business of proposed changes in the U.S. healthcare financing system. As...
Everest Introduces New Environmental Policy Form with $10M in Capacity
Mar 14 2017 // Everest Insurance has expanded its environmental offering with the new Everest Environmental Apex policy form, which provides up to $10 million in capacity in a lead or excess position with the ability to schedule general...
Allied World Launches 3 Professional Liability Products in Australia
Mar 8 2017 // Allied World Assurance Co. Holdings AG announced it has launched three new professional liability products in Australia: Directors and Officers Liability Insurance, Architects and Engineers Professional Indemnity...
ProSpecialist Insurance Services, LLC Announces New Appointment for an Admitted Lawyers Professional Liability Product in New York
Mar 7 2017 // Newtown, PA, March 7, 2017– ProLawyer Insurance, LLC dba ProSpecialist Insurance Services, LLC is pleased to announce their appointment with an A.M. Best “A” (Excellent) rated carrier for Lawyers Professional...
