Latest Professional Liability Headlines
All the headlines from our Professional Liability Topic Page, ordered by recency.
Need for lawyers PL coverage increasing
Sep 24 2007 // The perils facing employed lawyers have increased substantially in the past five years. Attorneys should know better than anyone, other than perhaps insurance professionals, about the perils that exist and the value of...
The subprime mortgage mess and the professional liability market
Sep 24 2007 // The collapse of the subprime mortgage lending industry has dominated the headlines, led to turmoil in the credit and financial markets, and left the residential real estate marketplace in disarray. It has already generated...
Lawyers should not dismiss lawyers’ professional liability coverage
Sep 24 2007 // The perils facing employed lawyers have increased substantially in the past five years. Attorneys should know better than anyone about the perils that exist and the value of professional liability coverage. Yet there are a...
AIG Introduces Coverage for Global E&O Liability Needs
Sep 24 2007 // The AIG Cos. introduced a service called AIG Passport for multinational companies’ errors and omissions (E&O) liability insurance to facilitate purchasing locally admitted E&O coverage to cover their...
The Hanover Completes Acquisition of Lawyers’ Insurer, Professionals Direct
Sep 17 2007 // The Hanover Insurance Group, Inc. reports it has completed the previously announced acquisition of Professionals Direct, Inc. for $23.2 million. Professionals Direct’s companies specialize in lawyers professional...
Rockwood, Hannover Offer Wholesaler, MGA E&O Product
Sep 12 2007 // Hannover Re subsidiary International Insurance Company of Hannover Limited (Inter-Hannover) has named Rockwood Programs Inc. to serve as the administrator of an errors and omissions product specifically designed to address...
CNA Adds D&O and E&O for Private Equity, Venture Capital Firms
Sep 11 2007 // CNA Specialty is now offering directors and officers (D&O) as well as errors and omissions (E&O) coverage for private equity and venture capital firms. CNA is targeting firms whose funds range up to $5 billion in...
Gilsbar, CNA Offers Liability Insurance to Mo. Attorneys
Sep 11 2007 // Gilsbar Specialty Insurance Services, one of the largest administrators of CNA Lawyers’ Professional Liability insurance, recently announced that it is now offering professional liability insurance coverage to...
AIG Rebrands National Union’s D&O, E&O, EPL as AIG Executive Liability
Sep 7 2007 // The AIG Companies will begin marketing its directors and officers (D&O), errors and omissions (E&O), employment practices (EPL), fiduciary (PTL) and fidelity liability insurance and services under the new AIG...
Chubb Offers E&O Policy for Government Technology Contractors
Sep 4 2007 // The lack of familiarity with Federal Acquisition Regulations and government immunities can leave U.S. government contractors exposed to costly lawsuits from customers and business partners, says Chubb Group of Insurance...
Marsh UK warns of possible liabilities
Sep 3 2007 // Marsh UK has issued a warning to the European financial services sector, including insurance companies, hedge funds, banks and ratings agencies, that “they may be exposed to greater directors’ and...
Marsh UK warns of possible liabilities
Sep 3 2007 // Marsh UK has issued a warning to the European financial services sector, including insurance companies, hedge funds, banks and ratings agencies, that “they may be exposed to greater directors’ and...
Marsh cautions Europeans on U.S. subprime crisis
Sep 3 2007 // Insurance broker Marsh UK issued a warning to the European financial services sector, including insurance companies, hedge funds, banks and ratings agencies, that “they may be exposed to greater D&O and E&O...
MARSH UK: POSSIBLE LIABILITIES FROM SUBPRIME DEFAULTS
Sep 3 2007 // Marsh UK recently issued a warning to European financial services sectors, including insurance companies, hedge funds, banks and ratings agencies, that “they may be exposed to greater Directors’ and...
Marsh cautions Europeans on U.S. subprime crisis
Sep 3 2007 // Insurance broker Marsh UK issued a warning to the European financial services sector, including insurance companies, hedge funds, banks and ratings agencies, that “they may be exposed to greater D&O and E&O...
OneBeacon Pro Offers Admitted Managed Care E&O Coverage
Aug 29 2007 // OneBeacon Professional Partners business reports that it will begin offering managed care errors and omissions coverage on an admitted basis. The company, a unit of OneBeacon Insurance Group, said filings have been...
Marsh UK Warns of Possible E&O, D&O Liabilities from Subprime Defaults
Aug 21 2007 // Marsh UK issued a warning to the European financial services sector, including insurance companies, hedge funds, banks and ratings agencies, that “they may be exposed to greater Directors’ and Officers’...
Agents capitalize on soft market opportunities when buying E&O
Aug 6 2007 // Jim Armitage of California and Jonathan Geib of Tennessee are among the numerous independent agents who are looking for higher professional liability limits, and why not. Soft market conditions prevail in today’s...
Commercial lines insights of top agencies
Aug 6 2007 // While much of the talk about the current commercial and professional lines market turns to insurers lowering their prices, the soft market is requiring agents to raise their agencies’ level of attention paid to...
Agents Errors & Omissions
Aug 6 2007 // If ever there was a time for insurance agents to get out and go looking for a better errors and omissions policy, this is the season. Agents who do will come across several admitted carriers that are welcoming new business...
