Latest Professional Liability Headlines
All the headlines from our Professional Liability Topic Page, ordered by recency.
Tennessee Agents Warned on Flood Insurance E&O Exposure
Jun 7 2010 // Some Tennessee homeowners have been surprised to learn their policies won’t pay for flood damage and an attorney and lobbyist is warning insurance agents not to admit to any wrongdoing if clients confront them about...
Hiscox USA Adds Underwriters to Los Angeles Regional Office
Jun 4 2010 // Hiscox USA has expanded its business in its Los Angeles, California office with the addition of underwriters in the allied healthcare professional and general liability; architects, engineers and construction managers...
V3 Introduces New Miscellaneous Professional Liability Program
Jun 4 2010 // V3 Insurance Partners LLC has introduced “Vantage360 MPL”, its miscellaneous professional liability program. Designed for non-degreed professionals and professional service firms, it includes two revolutionary...
Premier Insurance to Offer Hospital Coverage Sponsored by Allied World
Jun 3 2010 // Premier Insurance Management Services Inc. (PIMS) has been endorsed by Allied World Assurance Co. and its affiliates (Allied World) for primary hospital professional liability coverage offering risk management and hospital...
Torus Names 3 Senior Execs for Professional Lines in France, Germany
Jun 3 2010 // Torus, the global specialty insurer, announced the appointment of Mathieu Borneuf as Head of Management Liability and Jérôme Gillet as Head of Professional Liability. Both men are based in Torus’ new...
Florida Governor Signs Commercial, Professional Lines Deregulation Bill
Jun 2 2010 // Florida Gov. Charlie Crist has signed into law a bill exempting certain commercial and professional liability insurance rates from state review prior to use. Current state law exempts only those policies with annual...
Ironshore Canada Enters Financial, Professional Lines Market
Jun 2 2010 // Ironshore Canada has entered into the financial and professional lines market, naming Dane Hambrook, vice president, to head the division. Ironshore Canada’s Financial and Professional Lines division will provide...
OneBeacon Broadens @vantage for Information Technology Firms
May 26 2010 // OneBeacon Technology Group announced enhancements to its @vantage for Information Technology product designed for hardware, software and telecommunications companies. Two primary coverage areas have been broadened to...
The Hartford Introduces Low Cost Liability for Consultants
May 26 2010 // The Hartford Financial Services Group, Inc. now offers a miscellaneous professional liability policy with premiums beginning at less than $1,000. The Hartford offers miscellaneous professional liability coverage through...
General Star Introduces Miscellaneous Professional E&O Program
May 21 2010 // General Star Management Company has launched a new miscellaneous professional liability (MPL) program available in all states. The program is offered through V3 Insurance Partners LLC, General Star’s exclusive...
Tennessee Insurance Agents Warned on Flood Insurance E&O Exposure
May 20 2010 // Some Tennessee homeowners have been surprised to learn their policies won’t pay for flood damage and an attorney and lobbyist is warning insurance agents not to admit to any wrongdoing if clients confront them about...
E&O Insights: MGAs Carry a Heavy Errors and Omissions Load
May 17 2010 // Having met the management of many managing general agencies (MGA), and managing general underwriters (MGU), I have been somewhat surprised by their perspective on their errors and omissions (E&O) claim potential. Some...
The Competitive Advantage: Opportunity Knocks
May 17 2010 // Coverage, Underwriting Knowledge Have Become More Powerful Tools in Today’s Market When I first started as an underwriter a few decades ago, I was truly amazed at the coverage knowledge so many of the older...
Despite Premium Decreases, Medical Professional Liability Industry Profitable
May 14 2010 // The medical professional liability industry is profitable despite premium increases, according to Charlottesville, Va.-based SNL Financial. That industry experienced a profitable year in underwriting, demonstrated by a...
Suttie Named President of Berkley Medical Excess Underwriter
May 7 2010 // W. R. Berkley Corp. has appointed Collin J. Suttie as president of Berkley Medical Excess Underwriters LLC (BerkleyMed) in St. Louis, Mo. Suttie succeeds BerkleyMed founder J. Michael Foley, who will continue to be...
Hirsch Insurance Opens in Houston; Professional Liability a Specialty
May 5 2010 // Hirsch Insurance Agency opened its doors for business on April 24, 2010, in Houston, Texas. The newly created agency is founded by Zachary Alan Hirsch. Hirsch Insurance will specialize in lawyers professional liability, as...
Argo Group’s Insight Services Expands Insurance Agent E&O Coverage
May 3 2010 // Professional liability insurer Insight Insurance Services, Inc. has expanded its errors and omissions coverage for insurance agents and agencies and is now licensed to offer its product in 42 states and the District of...
E&O Insights: Food for Thought When Insuring Bars and Restaurants
May 3 2010 // It is probably fair to say that just about every town has a restaurant or tavern. Thus, pursuing these commercial risks is probably close to a no-brainer. Before you take that first step, however, be aware that these risks...
IronPro to Offer Architect, Engineers Program Through All Risks
Apr 26 2010 // IronPro, the professional liability division of Ironshore Inc., now offers a new national architects and engineers professional liability program in cooperation with All Risks Ltd. IronPro will provide professional...
IronPro, JLT Facilities to Offer Legal Liability Coverages
Apr 23 2010 // IronPro, the professional liability division of Ironshore Inc, has entered into a joint relationship with Jardine Lloyd Thompson (JLT) Facilities Inc. to offer lawyers professional liability (LPL) insurance....