Latest Professional Liability Headlines
All the headlines from our Professional Liability Topic Page, ordered by recency.
Ascent Increases U.S. Medical Billings E&O Limits, Adds Reputational Harm Cover
Jul 24 2014 // Ascent Underwriting, a managing general agent (MGA) specializing in emerging and professional risks, has enhanced its CyberPro medical billings errors and omissions product and increased limit availability to $5...
E&O Insights: Why It’s Important to Review E&S Proposals
Jul 21 2014 // Hard market or soft, having an active relationship with at least a couple of excess and surplus lines (E&S) wholesalers is typically required for agencies to be successful. For as long as insurance has been part of...
Business Risk Partners Hires Professional Liability Underwriter in Connecticut
Jun 23 2014 // Business Risk Partners, a Windsor, Conn.-based managing general underwriter, has appointed Erinn Coletti as professional liability underwriter. Previously, Coletti served as a specialty underwriter at The Hanover Insurance...
ANV Opens Cyber/Media MGU for U.S. Small Business with James River
Jun 20 2014 // ANV Holdings BV, a Dutch specialty insurance business, has opened a U.S. managing general underwriter focused on communications and data security risks for “Main Street” U.S. businesses. Leib Dodell, a veteran...
Liberty Mutual Adds Data Compromise Coverage to Insurance Agent E&O Program
Jun 18 2014 // Liberty Mutual Insurance has added data compromise coverage to its insurance agents errors & omissions (E &O) program. The endorsement carries an annual aggregate limit of $100,000 for response expenses and an...
ANV Launches U.S. Managing General Underwriter for D&O
Jun 18 2014 // ANV Holdings BV, the specialty insurance business, headquartered in the Netherlands, announced the opening of its first U.S. Market Managing General Underwriter (MGU), to be led by Peter McKeegan. ANV said the “team...
American Claims Management Earns Security American Risk Retention Group Business
Jun 16 2014 // San Diego, CA, 06/16/14 – Security America Risk Retention Group (RRG) has appointed American Claims Management Inc. (ACM), a national third party administrator (TPA), to manage its general liability and professional...
E&O Insights: Why Are Umbrellas Causing E&O Claims?
Jun 16 2014 // When initially thinking about umbrella coverage as it relates to generating errors and omissions claims, most would probably believe the main issue is the lack of an umbrella. In other words, a customer has a significant...
Medical Professional Liability: MRM’s Kelly Tackles Emerging Risks
Jun 16 2014 // Medical professionals and hospitals are grappling with some of the most dramatic changes they have seen in years. Many physicians feel they can no longer succeed in private practice, and they are either moving to become...
Willis Names Tech, Media, Telecom Leaders – Srail for No. Am. Motzfeldt for Europe
Jun 10 2014 // Willis Group Holdings announced that it has reinforced its position as a risk adviser and insurance broker for the technology, media and telecommunications (TMT) sector with the appointment of new regional leaders for...
U.S. Risk Pros Launches an Enhanced Professional Liability Program for Architects and Engineers, Construction Managers, and Design/Build Contractors
Jun 9 2014 // Dallas, TX – June 9, 2014 – U.S. Risk Insurance Group, Inc., the eighth largest managing general agency and surplus lines wholesaler in the nation, announced that U.S. Risk Pros, the Professional Liability...
Swiss Re Names Summerville Managing Director for Financial, Professional Services
May 19 2014 // Swiss Re Corporate Solutions has appointed Jeff Summerville to be head of Financial and Professional Services in North America. In this managing director role, he will lead underwriting teams for corresponding lines of...
NORCAL Mutual Expands Medical Professional Liability Coverage to Nevada
May 19 2014 // NORCAL Mutual Insurance Co. is now offering medical professional liability insurance to Nevada physicians. For the past eight years, Nevada healthcare professionals have been offered coverage from Medicus Insurance Co., a...
NORCAL Mutual Expands Medical Professional Liability Coverage to Nevada
May 6 2014 // NORCAL Mutual Insurance Co. is now offering medical professional liability insurance to Nevada physicians. For the past eight years, Nevada healthcare professionals have been offered coverage from Medicus Insurance...
E&O Insights: Don’t Let Insuring Restaurants and Taverns Give You Heartburn
May 5 2014 // Virtually every town in the United States has a restaurant or tavern, so your pursuit of these risks is fairly likely. Unfortunately, at times these types of risks are not the easiest to place. Before you take that first...
How Policies Respond When Buying or Selling an Agency
May 1 2014 // It’s rare to read an industry magazine or attend an industry conference without the topic of mergers and acquisitions coming up. The issues addressed typically include the cost of acquisitions, tax implications,...
Burand’s Agency E&O Blog: Tip #60
May 1 2014 // Quality of Quotes. Sometimes in the hurry hurry world of the CSR or producer, an insured will request quotes for certain coverages. Whether they do so as a result of the agency using a coverage checklist or simply the...
QBE North America Launches Management Liability & Professional Lines Coverages
Apr 30 2014 // QBE North America’s continues its expansion into the management liability & professional lines arena with the launch of three new products for public and private commercial companies and financial institutions...
Burand’s Agency E&O Blog: Tip #59
Apr 29 2014 // Renewal Processing Time. Due to many reasons, including agencies cutting staff too much, I find many commercial CSRs are far behind in checking their policy renewals. Being behind creates significant E&O exposures such...
Burand’s Agency E&O Blog: Tip #58
Apr 24 2014 // ACA Grandfathering Disclaimer. According to the Wall Street Journal (Nov. 6, 2013), the first E&O suits have been filed against an insurance company for allegedly misleading a consumer into changing their health...
