Latest Professional Liability Headlines
All the headlines from our Professional Liability Topic Page, ordered by recency.
Higginbotham Expands Dallas and Houston Business Insurance Staff
Jul 11 2012 // Dallas-based independent insurance firm, Higginbotham, hired broker and sales producer Byron E. Johnson as executive vice president within its commercial property and casualty division. Johnson and his account service team...
Burand’s Agency E&O Blog: Tip #6
Jul 11 2012 // Offer all clients higher liability limits. One of the most common E&O claim examples virtually ever producer and CSR knows is this: What happens if an insured has a large liability claim and they don’t have high...
Hiscox USA Expands Direct, Online Insurance to Allied Health Professionals
Jul 10 2012 // Hiscox USA has expanded their professional liability and general liability policies to allied health professionals. Hiscox’s expanded coverage is currently available in 21 states, including Texas and Florida. The...
Burand’s Agency E&O Blog: Tip #5
Jul 3 2012 // Minor items do cause E&O claims and sometimes your carriers exploit these minor items. Almost every agency occasionally receives law suit papers and every agency knows they have to forward these papers to the carrier...
10 Things Agencies Do Right (and Wrong) with Agency Management Systems
Jul 2 2012 // Records, Reporting, Value Creation As a volunteer engaged with a network of agency management system vendor clients, I have an opportunity to hear from my peers about their experiences and compare this with what goes on in...
Professional Liability Exposures Evolve with Changing Healthcare Environment
Jul 2 2012 // National healthcare reform legislation passed by Congress in 2010 may or may not survive consideration by the U.S. Supreme Court, but the healthcare system already has been evolving in ways that are likely to proceed...
Business Transitions More Risky for Lawyers: Study
Jun 29 2012 // The practice of business transactions presents greater professional liability risk for attorneys than many other areas of practice, a new analysis revealed. A new study based on claims from CNA’s Lawyers Professional...
Study from CNA Analyzes Lawyers Professional Liability Claims
Jun 29 2012 // The Risk Control unit of CNA insurance companies has released a study that takes a look at lawyers and the practice of business transactions, a diverse area that often involves drafting and negotiating agreements and...
Medical Liability Insurer ProAssurance to Acquire Medmarc in Virginia
Jun 28 2012 // ProAssurance Corporation, a Birmingham, Ala.-headquartered medical liability insurer, said it is acquiring Medmarc Insurance Group. Medmarc, based in Chantilly, Virginia, specializes in products liability insurance for...
Burand Agency E&O Blog: Tip #4
Jun 27 2012 // Do you ever advise your clients the company issued their policy with errors so you’ll send it to them once the company reissues the policy with corrections? The exposure this seemingly good customer service creates...
CNA Names Takahashi Underwriting Consulting Director
Jun 22 2012 // CNA, the national program underwriter for the American Institute of Certified Public Accountants Member Insurance Program, named Clyde Takahashi underwriting consulting director for its accountants professional liability...
UK MGA’s Advised on Changes in Employers Liability, Public Liability Claims
Jun 22 2012 // Impending changes in UK laws governing claims for Employers Liability (EL) and Public Liability (PL) should be a priority membersof the UK’s Managing General Agents’ Association were told at a recent briefing...
The Business of Insuring Correctional Facilities
Jun 21 2012 // Montana State Prison inmate files suit for $2.2 million in federal court after he injures a toe when his foot got caught in a grain auger at the prison dairy. A Howard County, Indiana, inmate files a lawsuit claiming the...
StoneHill Reinsurance Partners Formed in Minnesota
Jun 18 2012 // Dan Koshiol, a 15-year veteran of major reinsurance brokerage firms, announced the formation of StoneHill Reinsurance Partners LLC. The company is based in Bloomington, Minn. Koshiol serves as president and chief executive...
E&O Insights: Why Businesses Need Umbrella Protection
Jun 18 2012 // Umbrellas are apparently not as simple as many would like to believe because various issues involving umbrellas cause more than their fair share of errors and omissions claims. Due to the nature of umbrella coverage, the...
Web Exchange
Jun 18 2012 // IJ Video Highlights Foreign Exposures to U.S. Firms in D&O U.S. companies face many exposures around the globe. Increasingly, they are traced to a crackdown against corporate bribery. Ann Longmore is an executive vice...
Professional Liability Exposures Evolve with Changing Healthcare Environment
Jun 18 2012 // National healthcare reform legislation passed by Congress in 2010 may or may not survive consideration by the U.S. Supreme Court, but the healthcare system already has been evolving in ways that are likely to proceed...
Mitchell to Head Willis’ FINEX Asia-Pacific Unit in Expanding Market
Jun 14 2012 // “As companies continue to expand within the Asia Pacific region and beyond its borders, they are becoming increasingly exposed to risks such as Directors and Officer’s (D&O), Cyber and Professional...
Burand’s Agency E&O Blog: Tip #3
Jun 13 2012 // Insurance agency errors and omissions (E&O) situations and solutions from consultant Chris Burand. Tip #3 Do you follow-up in writing when your insurance proposal is rejected? The failure to take this step can result...
Ganne Joins Burns & Wilcox of Dallas
Jun 6 2012 // Burns & Wilcox of Dallas/Fort Worth announced that Ashley Ganne has joined the company as a broker. Ganne brings a wealth of professional liability knowledge to Burns & Wilcox and specializes in technology-based...
