Latest Professional Liability Headlines
All the headlines from our Professional Liability Topic Page, ordered by recency.
Mass. Agents, Bar Compete with Lawyers Programs
Mar 18 2004 // Three months after the insurer and the Massachusetts Bar Association (MBA) parted ways, Westport Insurance Corp. has signed on with the state’s agent association to sell its lawyers’ professional liability...
AIG Unveils Professional Liability Coverages for Homeland Security Department Contractors
Mar 15 2004 // The AIG Companies have introduced SAFETY Act Homeland Protector, a new set of product and professional liability coverages designed for companies developing and selling anti-terrorism products and technologies in...
PIANY Details Plans for LI RAP
Mar 10 2004 // The Professional Insurance Agents of New York State Inc. has issued a bulletin giving further details for its 19th annual Long Island Regional Awareness Program (RAP) to be held Thursday, April 22, 2004, at Leonard’s...
The Hard Market’s Over … Right’
Mar 8 2004 // Although I’ve been around the specialty industry for more years than I care to reveal and now have seen multiple hard and soft markets, I’m confused. Why such confusion? After reading tea leaves, consulting the...
The Hard Market’s Over … Or Is It’
Mar 8 2004 // Although I’ve been around the specialty industry for more years than I care to reveal (this information is in poor taste, akin to discussing a woman’s age), and now have seen multiple hard and soft markets,...
The Hard Market’s Over … Or Is It’
Mar 8 2004 // Surplus lines company executives and wholesalers at NAPSLO responded uniformly with broad smiles when asked about their 2003 results. Although I’ve been around the specialty industry for more years than I care to...
Agents’ E&O: Crisis or Not’
Mar 8 2004 // As an agent or broker, it can be frustrating to reveal an exorbitant price tag on a premium for a client. No one likes to hear that their insurance coverage is difficult to obtain, and if that, at a high price. The...
Ore. Governor’s Plan Cuts Rural Doctors’ Professional Liability Insurance Costs
Mar 4 2004 // More than a thousand doctors in rural communities throughout Oregon are going to see reductions of up to eighty percent in their medical professional liability insurance costs this quarter as a result of a state...
ProAssurance Reports Q4 and Year-End 2003 Results
Feb 24 2004 // Alabama-based ProAssurance Corporation reported Net Income of $38.7 million, or $1.33 per diluted share, for 2003, more than triple 2002’s Net Income of $12.2 million. Net Income for the fourth quarter of 2003 was...
ACE Prof. Risk Appoints Scott Lambert VP Regional Operations; Establishes E&O Team
Feb 24 2004 // ACE USA Professional Risk, a part of ACE Diversified Risk, announced the appointment of Scott Lambert as Vice President, Regional Operations with overall responsibility for managing U.S. regional retail operations for ACE...
Nightmare on E&O Street
Feb 23 2004 // It’s a policyholder’s worst nightmare to find out the insurance she’s been dutifully paying for is not there when she needs it. This is why every responsible agent tries to do business with reputable,...
Chicago MGU Sues Manning Riddell Over Bogus E&O Coverage
Feb 23 2004 // Insurance Journal recently unveiled information regarding an ongoing investigation into Torrance, Calif.-based Manning Riddell Insurance Services Inc. (License #0827722). Manning Riddell allegedly issued more than 1,000...
Manning Riddell Sued Over Bogus E&O Coverage
Feb 23 2004 // Insurance Journal recently unveiled information regarding an ongoing investigation into Torrance, Calif.-based Manning Riddell Insurance Services Inc. (License #0827722). Manning Riddell allegedly issued more than 1,000...
Media Liability
Feb 23 2004 // Nuts & Bolts: Euclid Managers LLC is offering a market for media liability. Coverage is for small and mid-sized media risk companies. These products are customizable featuring the option to add additional covered...
PIANJ Announces Details of “March CE Madness” Programs
Feb 18 2004 // The Professional Insurance Agents of New Jersey Inc. announced that it has packed the two days of its 5th annual March CE Madness program “with comprehensive continuing education programs that cover a wide range of...
Manning Riddell Named Defendant in Lawsuit
Feb 9 2004 // Insurance Journal recently unveiled information regarding an ongoing investigation into Torrance, Calif.-based Manning Riddell Insurance Services Inc. (License #0827722). See the Jan. 24 and Jan. 26 stories on...
Taylor Joins Burns & Wilcox’s Dallas/Fort Worth Office
Feb 6 2004 // Stacy Taylor joined the Dallas/Fort Worth office of Farmington Hills, Mich-based national specialty insurance wholesaler, underwriter and managing general agent, Burns & Wilcox Ltd., in the position of professional...
Kibble & Prentice Acquires BGI Inc.
Feb 2 2004 // As part of its strategy to grow through acquisitions and provide its customers with expanded services and market access, Seattle-based Kibble & Prentice has acquired BGI Inc., a player in the Northwest insurance...
Aon: Hospital Pro Liability, Physician Benchmark Study Forecasts Continued Loss Cost Increase for the Year
Jan 28 2004 // The high trend of insurance rates experienced by hospital professionals and physicians over the past three years show no sign of slowing in 2004 as claims costs are increasing at a steady rate of 9.7 percent according to...
Update on Alleged Life Agents E&O Fraud
Jan 27 2004 // Insurance Journal has discovered that there is an ongoing investigation into Torrance, Calif.-based Manning Riddell Insurance Services Inc. (License #0827722) in connection with the issuance of more than 1,000 phony Errors...
