Latest Professional Liability Headlines
All the headlines from our Professional Liability Topic Page, ordered by recency.
Medicus Insurance Names Shea President, Davidow CEO
May 5 2008 // Medicus Insurance Co. named Eugenie Shea is president and chief operating officer. She will also serve as executive vice president of the parent company, Medicus Insurance Holdings Inc. Additionally, Sheldon Davidow has...
People
May 5 2008 // Patrick G. Ryan, founder and executive chairman Aon Corp., said he intends to retire Aug. 1, 2008. Ryan said the firm’s transition to a new management team under CEO Greg Case is complete. Ryan founded Aon, which has...
Davidow, Shea Picked to Lead Medicus Insurance Company
May 2 2008 // Eugenie Shea joined Austin, Texas-based medical liability insurer Medicus Insurance Company as president and chief operating officer. In addition to her responsibilities as president and COO, Shea will also serve as...
Survey: Medical Liability Insurers Optimistic About Short-Term Market
Apr 25 2008 // U.S. medical liability insurers anticipate their primary rate levels to decrease in 2008, compared with 2007, while the average frequency and severity of claims sustained by their firms will remain about the same as last...
People
Apr 21 2008 // Agency Specialty Product Network, a unit of Aon Corp., has named five new regional vice presidents. Rob Romano will head the Northeast Region, which comprises Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island,...
People
Apr 21 2008 // The Main Street America Group board of directors promoted two and appointed two to officer-level positions. The Jacksonville, Fla.-based company promoted John Thompson to vice president, operational controller and Dean...
Contractors and Certificates of Liability Insurance
Apr 21 2008 // Your E&O claim waiting to happen Certificates — not again. Haven’t we heard enough about this topic? Apparently not. Certificates are issued for all sorts of insureds, but contracting risk is the most...
Prognosis Good in Medical Professional Liability Market
Apr 21 2008 // Tort reform keeping claims frequency down; surplus up, but severity still an issue Tort reform efforts seem to be working, frequency of claims for medical liability is going down, surplus is up and reinsurance capital is...
Health Care Market May Be Safer to Operate In
Apr 21 2008 // Tort reform, soft market, drive down claims frequency in health care facility liability market Health care facility professional liability has faced new challenges due to recent tort reform efforts, the soft market and a...
Valiant Names VP, 2 others to Professional Liability Group
Apr 9 2008 // New York-based Valiant Insurance Group Inc. has hired James E. Bradley as vice president in charge of Valiant’s Lawyer’s Professional Liability Insurance program for small-size firms. Bradley, who will be based...
How Courts and Claims are Altering the D&O Landscape
Apr 7 2008 // Claims frequency, claims severity, subprime, securities fraud and Stoneridge key issues on the horizon From the vantage point of early 2008, insurers writing directors and officers coverage can look back on the prior year...
Chartwell Adds E&S Casualty Division to Arizona Office
Mar 27 2008 // Chartwell Independent Insurance Brokers LLC, a wholesale and specialty insurance broker focusing on high-risk, hard-to-place coverage, announced that it has added an Excess & Surplus (E&S) Casualty Division to...
Agents: Document, Document, Document
Mar 24 2008 // When I sold my agency in 2001, I moved to Florida and started buying shopping centers. Hurricane Frances almost destroyed the center I acquired across from the beach one day after my first renewal. My agent had originally...
Reasonable Expectations for Agents’ E&O
Mar 24 2008 // The public views insurance agents and brokers as professionals, experienced and knowledgeable in a complicated and specialized field. Negligence focuses on the principle that people who hold themselves out to the public as...
Pacific Underwriters Adopts (I-Bind)® For Private Company and Non-Profit Risks
Mar 20 2008 // New York, NY- March 20, 2008: Pacific Underwriters announced that it has partnered with Darwin Professional Underwriters to place management liability insurance for private company and not-for-profit risks utilizing...
Lockton Chicago Adds Services for Law Firms with New Vice President
Mar 14 2008 // Lockton Cos. has expanded its insurance services for law firms and other professional service organizations in the Chicago office with the addition of Alaina Walls as its new vice president and account executive. Walls is...
People
Mar 10 2008 // Willis Group Holdings, the global insurance broker reports it has extended the employment agreement with Joseph J. Plumeri, its chairman and chief executive officer. The agreement, which was originally scheduled to expire...
People
Mar 10 2008 // Willis Group Holdings, the global insurance broker, reports it has extended the employment agreement with Joseph J. Plumeri, its chairman and chief executive officer. The agreement, which was originally scheduled to expire...
Hedging Against Losses
Mar 10 2008 // How to navigate risk and find coverage solutions for hedge funds and their managers Hedge funds manage financial risk every day. Managers constantly seek out new strategies and investments, and then weigh the potential...
Arrowhead Announces New Carrier For Insurance Agents E&O Product
Mar 6 2008 // San Diego, CA, 03/06/2008 – ARROWHEAD General Insurance Agency, Inc. has announced its independent property and casualty insurance agents errors and omissions product will be underwritten with an “A”...
