Latest Professional Liability Headlines

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

Top 5 Markets of 2015

Dec 21 2015 // There was no shortage of new products launched by the insurance industry in 2015. Cyber, a risk that has consistently seen a lot of activity over at least the last several years, continued to be on the top of the...

Wharton Joins Argo Group to Head Bermuda Professional Lines Operations

Dec 17 2015 // Argo Group International Holdings, Ltd. announced that William M. Wharton has been appointed to serve as head of professional lines operations in Bermuda. He has experience in Asia and Europe, in addition to Bermuda and...

Ironshore Launches Professional Liability Coverage for Global Mining Sector

Dec 16 2015 // Ironshore International has launched a professional liability product designed to provide protection for risk exposures within the mining sector worldwide. Ironshore’s dedicated product provides coverage to engineers...

7 Simple Underwriting Questions Nobody Asks

Dec 14 2015 // First, let’s be clear – this is only a SMALL sampling of simple questions agents and underwriters fail to ask! There are dozens of simple, common sense questions that are often skipped – why remains a...

Cyber Insurance Rates Up, Unlike Other Commercial Rates

Dec 3 2015 // Cyber insurance stood out in the third quarter as the only line for which insurers saw consistent and large rate increases, which averaged more than 15 percent in the United States, according to the latest analysis from...

Founders Professional Hires Vecchio as EVP in Chicago

Dec 1 2015 // Professional liability wholesale brokerage, Founders Professional, has added Dan Vecchio as executive vice president and the head of its Midwest division in Chicago. Vecchio will lead a team focused on management liability...

MarketScout Launches Professional Liability Practice, Hires McCormick to Lead

Nov 23 2015 // MarketScout, the national electronic insurance exchange and specialty managing general agency (MGA) headquartered in Dallas, has formed a national professional liability practice with the addition of insurance industry...

E&O Insights: Personal Lines Generates More Errors & Omissions Exposure than You Think

Nov 16 2015 // Most agents’ errors and omissions (E&O) carriers report that commercial lines generates the majority of E&O claims. However, a significant number of E&O claims arise from the sale and service of...

BHSI Launches Homebuilders Liability Coverage

Nov 11 2015 // Berkshire Hathaway Specialty Insurance (BHSI) has expanded its construction-focused capabilities with the introduction of the Homebuilders Liability Insurance Policy, which extends flexible protection for tract...

V3 Insurance Launches Management Liability Package

Nov 10 2015 // V3 Insurance Partners LLC has launched a new management liability package program, Vantage Point, for private companies and not-for-profit organizations. Vantage Point is a flexible insurance package created specifically...

Forrest T. Jones Launches Accountants Professional Liability Program

Nov 9 2015 // Forrest T. Jones & Company (FTJ) has completed an agreement with Liberty International Underwriters (LIU) to serve as the program administrator for LIU’s national accountants’ professional liability...

CITA Insurance Services Launches Insurance Agents E&O Program

Nov 6 2015 // CITA Insurance Services, a division of Brown & Brown Program Insurance Services Inc., has released a new Insurance Agents Errors & Omissions program. CITA’s new Agents E&O program features vanishing and...

OneBeacon Names Garganigo as Senior VP, Professional Liability

Nov 5 2015 // Marc Garganigo has joined OneBeacon Insurance Group as senior vice president of Professional Liability. Garganigo will oversee the company’s Design Professional business unit and will identify expansion opportunities...

CAMICO Broadens Protection for Continuously Renewing CPA Policyholders

Nov 4 2015 // CAMICO, a nationwide CPA-directed program of insurance and risk management for the accounting profession, has broadened protection for potential professional liability insurance claims known to policyholders who...

Do’s and Don’ts of E&O Suits

Nov 3 2015 // Ask any agent who has suffered through an errors and omissions (E&O) suit and they will provide sage-like insight into the professional and even personal trials created by such an ordeal. Years ago I met an agent who,...

Ace Names North American Claims Team with Chubb’s Miller, Ace’s Poetzsch as Executive VPs

Nov 2 2015 // Ace Ltd. has named the future claims leadership team it intends to appoint for the company’s North America Insurance division upon completion of its acquisition of Chubb, which is expected in the first quarter of...

BHSI Launches D&O & Professional Indemnity Policies in Asia

Nov 2 2015 // Berkshire Hathaway Specialty Insurance Company (BHSI) introduced Executive First™ Directors & Officers (D&O) Liability and Professional First™ Professional Indemnity insurance policies in Asia. “With the...

Time Is Right to Review Agency E&O Limits

Nov 2 2015 // Fewer independent agencies are facing increased premiums for their agency errors and omissions (E&O) coverage and some experts say that is one reason they should consider upping coverage limits at their next...

‘Misfit’ Doctors, Lawyers: Find a Friend in E&S Market

Nov 2 2015 // Doctors and lawyers are taking up more space in the surplus lines professional liability (PL) markets, with growth and consolidation in the healthcare industry and real estate concerns among the legal field fostering...

Everest National’s Koehler Named President of OneBeacon’s New Financial Institutions Unit

Oct 23 2015 // Kevin Koehler has joined OneBeacon Insurance Group as president of its new Financial Institutions business unit. In this new role, Koehler will lead a specialty team focused on professional liability, management liability...