Latest Professional Liability Headlines

All the headlines from our Professional Liability Topic Page, ordered by recency.

Flood to Head New Ironshore Professional Liability Unit

May 22 2007 // Bermuda-based Ironshore Inc. is entering the Professional Liability sector with the launch of IronPro, headed by Greg Flood as President. IronPro, based in New York, will initially focus on Directors & Officers...

Assisted living and miscellaneous medical facilities spur new growth

May 7 2007 // An aging population and a demand for new and unique medical services in non-hospital settings are driving growth in certain areas of medical professional liability coverage, in particular medical facilities coverage. The...

Medical professional liability underwriters face new environment

May 7 2007 // An ever-expanding health care and quasi-health care services environment has placed the role of physicians in a constant state of flux. So, what new exposures will be faced by medical professional liability underwriters...

Assisted living and miscellaneous medical facilities spur new growth

May 7 2007 // Rise in numbers of surgicenters, medispas and clinics brings new risks and opportunities in professional liability An aging population and a demand for new and unique medical services in non-hospital settings are driving...

Medical professional liability underwriters face new environment

May 7 2007 // Expect new exposures as practitioners replace physicians as supervisors and nanotechnolgy and stem cell research grow An ever-expanding health care and quasi-health care services environment has placed the role of...

10 Mass. ruling revives possibility of auto assigned risk plan

May 7 2007 // Commissioner Burnes surprises industry by keeping issue alive 10 Neighbors seek to drain N.Y. City’s reservoirs to stem flooding But city officials worry about the risk of a summer drought 10 Study questions...

People

May 7 2007 // Insurance broker Marsh Inc. has appointed Rob McGinnis as the leader of its U.S. Consumer Business, which includes the U.S. operations of the firm’s Affinity, Program, and Private Client Services...

People

May 7 2007 // Oklahoma City, Okla.-based BMSI Holdings, the holding company for BancInsure Inc., announced a number of promotions and appointments. Rodney N. Sargent was appointed president of BMSI Holdings and chief executive officer...

Swiss Re Now Offering Nonadmitted E&O Coverage for Big ‘I’ Agents

May 3 2007 // Swiss Re is now offfering a nonadmitted coverage for the members of the Independent Insurance Agents and Brokers of America (IIABA). The nonadmitted product is designed for agencies with unique operations and special needs...

Lexington Rolls Out Professional Liability Coverage for Accounting Firms

Apr 30 2007 // Lexington Insurance Company, a member company of American International Group Inc., introduced LexAssure, primary professional liability insurance designed for small- to mid-sized regional accounting firms with annual...

Garner and Arsuaga Join All Risks in Dallas Office

Apr 24 2007 // All Risks Ltd., a national independent wholesale broker and managing general agent headquartered in Hunt Valley, Md., announced that Elaine Garner and Julie Arsuaga have joined the firm in its Dallas, Texas, office. Garner...

Monarch E&S Establishes Professional Lines Department

Apr 11 2007 // Monarch E&S Insurance Services, based in La Cresenta, Calif., has expanded its operations by establishing a dedicated professional lines department from it’s Simi Valley, Calif., location. The department’s...

Agog about blogs: the risks for professional liability from this new communications medium

Apr 9 2007 // The new medium of blogging is changing the way communication is done today with respect to both individuals and the corporate universe, notes Leib Dodell, president/CEO, Media/Professional Insurance. While blogs pose...

Agog about blogs: the new medium’s risks for professional liability

Apr 9 2007 // The new medium of blogging is changing the way communication is done today with respect to both individuals and the corporate universe, notes Leib Dodell, president/CEO, Media/Professional Insurance. While blogs pose...

Darwin Launches New Clinical Research Liability Product, Team

Apr 5 2007 // Farmington, Conn.-based specialty insurer Darwin Professional Underwriters, Inc. is now making available a new specialty liability coverage with the addition of clinical research liability insurance (CRLI). Darwin...

AXIS Capital to Acquire Aon’s Media/Professional Insurance

Mar 29 2007 // AXIS Capital, a global specialty commercial property and casualty insurer and reinsurer, has agreed to acquire the assets and operations of Media/Professional Insurance (Media/Pro), a managing general underwriter...

Euclid’s BusinessWare Packages Liability for Service Professionals

Mar 29 2007 // Euclid Managers, LLC, an underwriting manager based in Kansas City, announced a new insurance product for service professionals. This new product, BusinessWare, packs a variety of professional liability coverages into one...

Court ruling indicates claims made policy language ambiguous

Mar 26 2007 // A recent San Diego Superior Court ruling serves as a potential warning to legal malpractice insurers to review policy language to ensure their claims made policies can’t be more broadly construed as occurrence...

As hedge fund industry matures, so do its liability risks

Mar 26 2007 // Hedge funds are exposed to increasing risks from regulators, market conditions and the public There are three things you can be sure will happen during your time on earth: death, taxes and plaintiff’s attorneys...

The New Frontier

Mar 26 2007 // Information technology companies may explore the new frontier everyday, but do they know where their exposures lie? Will they be ready for the next big liability risk close encounter? “Owners and or creators of IT...