Latest Professional Liability Headlines
All the headlines from our Professional Liability Topic Page, ordered by recency.
Chubb Posts $452M in Q4 Profit, Approves $1.2B Share Buyback
Jan 27 2012 // The Chubb Corporation reported fourth-quarter net income of $452 million, down 27 percent from $620 million net income reported during the same period one year ago. The Warren, N.J.-based insurer said the results were hurt...
Web Exchange
Jan 23 2012 // IJ Video Highlights As the Market Turns, What Is Broker’s Role? Powered by InsuranceJournal.tv The soft market is turning, perhaps not dramatically but it is turning, says Jerry Sullivan, chairman, The Sullivan...
E&O Insights: Why Your Agency Should Recommend Employment Practices Liability Coverage
Jan 23 2012 // Employment practices liability insurance (EPLI) has been around since the early 1990s, mostly due to the passage of the 1991 amendments to the Civil Rights Act. Some of the latest information noted on various websites puts...
Ground Shifting for Medical Liability Insurers: Moody’s
Jan 23 2012 // Although it comprises just over 2 percent of annual direct premiums for the U.S. property and casualty insurance industry, the medical professional liability (MPL) insurance business is integral to the U.S. healthcare...
N.Y.-based Navigators Group Adds Professional Liability Reinsurance Unit
Jan 20 2012 // Rye Brook, N.Y.-based specialty insurer The Navigators Group said this week that its principal underwriting agency subsidiary, Navigators Management Company, expanded its Navigators Re division by launching a professional...
Association Offers Liability Enhancements for Orthodontists
Jan 12 2012 // The American Association of Orthodontists Insurance Co. (AAOIC) has added five enhancements to its professional liability insurance plan for members of the association. The enhancements will be automatically offered to all...
Philadelphia Insurance Announces Three Promotions
Jan 11 2012 // Philadelphia Insurance Companies announced three promotions: Sean Sweeney to president and chief operating officer; Robert O’Leary to executive vice president and chief marketing officer; and John Glomb to executive...
People
Jan 9 2012 // Starr Companies appointed Ed Navarro as head of international insurance operations. Navarro will drive Starr’s expansion for areas outside of the U.S. He’s been serving as global head of accident and health...
N.J.-based Bollinger Acquires Argent Professional Insurance Agency
Jan 6 2012 // Short Hills, N.J.-based insurance broker Bollinger acquired Argent Professional Insurance Agency in Warren, N.J. Bollinger said the acquisition would help bolster its professional liability insurance brokerage...
MedPro Completes Acquisition of New Jersey-based Princeton Insurance
Jan 5 2012 // Medical Protective Co. (MedPro), a medical professional liability insurance unit of Berkshire Hathaway, announced this week the completion of its acquisition of Princeton Insurance Co. Princeton Insurance is a New...
Ground Shifting for Medical Liability Insurers: Moody’s
Jan 3 2012 // Although it comprises just over two percent of annual direct premiums for the U.S. property and casualty insurance industry, the medical professional liability (MPL) insurance business is integral to the U.S. healthcare...
Schinnerer Launches E&O Policy for Artisan Contractors
Jan 3 2012 // Victor O. Schinnerer has created a new errors and omissions product for artisan contractors that includes coverage for faulty workmanship. “We want to offer our artisan contractor policyholders an insurance solution...
E&O Insights: Enhance Your Errors & Omissions Culture in 2012
Dec 30 2011 // As the end of 2011 approaches, this is a good time to reflect upon what went well and what didn’t during the year — as well as what changes you should make in 2012. Here are a few errors and omissions (E&O)...
OneBeacon Professional Insurance Expands Coverage for Lawyers
Dec 19 2011 // OneBeacon Professional Insurance (OBPI) has expand its professional liability coverage for lawyers to include network security and privacy (NSP) liability coverage. The company will offer the NSP coverage two ways....
Fact or Fiction? Insurance Tidbits of Known and Little-Known Information
Dec 16 2011 // Have you ever wondered how modern-day fire departments began? Or why agents buy E&O coverage? What about when the first business owners policy launched? These are just a few questions that Insurance Journal and Claims...
Agency Pro-tection
Dec 16 2011 // E&O and Agency Assets Agency owners have a lot to protect. Of course, first and foremost they must protect their clients. But they must also protect their book of business. They must protect their relationships. They...
E&O Insights: Enhance Your Errors & Omissions Culture in 2012
Dec 16 2011 // As the end of 2011 approaches, this is a good time to reflect upon what went well and what didn’t during the year — as well as what changes you should make in 2012. Here are a few errors and omissions (E&O)...
The 2011 Survey Issue
Dec 16 2011 // Together Again: 3-in-1 What are the industry’s young agents thinking? What are typical salaries and benefits in agencies? What issues do agencies have with their errors and omissions (E&O) coverage and...
How to Reduce the Risk When Buying Agency E&O Coverage
Dec 5 2011 // Agents shopping for errors and omissions coverage should compare the details of the policies because not all E&O policies are the same, according to experts in this market. As Scott Goodreau, chief risk officer for...
AXIS Capital Hires North American Professional Lines Chief in N.J.
Dec 2 2011 // AXIS Capital Holdings’ insurance segment appointed John Van Decker as Berkeley Heights, N.J.-based executive vice president and head of North American professional lines. In this newly created position, Van Decker is...
