Latest Professional Liability Headlines
All the headlines from our Professional Liability Topic Page, ordered by recency.
Attorneys Discuss Liability Insurance Coverage for Sandy Litigation
Dec 21 2012 // Homeowners, businesses, and municipalities in the tri-state area continue to rebuild and rebound from Superstorm Sandy. Often, large-scale devastation and destruction are followed by lawsuits against individuals and...
E&O Insights: Placing Business with New Markets? Proceed with Your Eyes Open
Dec 17 2012 // New entrants into the insurance industry are often triggered by the market showing signs of hardening. After all, these “newbies” have a better chance of securing a healthy rate by not having to pay for...
Conn.-Based Business Risk Partners Appoints Senior Underwriter
Dec 14 2012 // Business Risk Partners (BRP), a Windsor, Conn.-based managing general underwriter, appointed Jayne Downey as a senior underwriter overseeing the firm’s technology errors-and-omissions (E&O) and data...
Schinnerer Launches New Real Estate E&O Policy Form
Dec 14 2012 // Victor O. Schinnerer & Company, Inc. has launched a new real estate errors and omissions (E&O) policy form. The new policy provides additional coverage enhancements for real estate professionals and will be...
NAS Launches New E&O, Abuse & Molestation Program for Tutors
Dec 13 2012 // NAS Insurance Services has launched a broader professional liability insurance program for tutors that provides coverage for their E&O and abuse or molestation exposure on one policy. The program offers a simple...
Louisiana Medical Professional Liability Insurer Announces 10% Dividend
Dec 13 2012 // Louisiana Medical Mutual Insurance Co. (LAMMICO), based in Metairie, announced a sixth consecutive dividend for all LAMMICO policyholders in Louisiana and Arkansas. The announcement affects just over 6,000 policyholders,...
E&O Risks When Writing Long-Term Care Insurance
Dec 13 2012 // As Americans do their best to plan for retirement, all it takes is a visit to a financial planner to realize the importance and value of long-term care insurance. The goal of purchasing it is two-fold: retaining as much of...
Burand’s Agency E&O Blog: Tip #17
Dec 5 2012 // Is Your Agency Still Accepting Cash Payments? Relatively few agencies today, at least relative to ten years ago, are accepting cash. Technology will reduce cash payments even more. The means to never accept another cash...
Torus Survey: Top Issues in Management Liability & Professional Lines Market
Nov 29 2012 // A recent survey* undertaken by global specialty insurer Torus has highlighted a myriad of current issues facing the management liability and professional lines market. Designed to identify key trends affecting this...
Burand’s Agency E&O Blog: Tip #16
Nov 28 2012 // Have You Updated Your Procedures to Cover Handheld Devices? Without question, handheld devices, whether they be simple phones, pda’s, or smart phones, have transformed agency communications. Agency producers and...
Agency E&O Outlook: Competition, Hard Market, Healthcare Effects and More
Nov 27 2012 // Firmer insurance prices and an upward trend in agency revenues are signs of good times for most independent agencies. These same trends, however, are reflected in today’s insurance market for agency errors and...
Alterra, Ullico Casualty to Offer U.S. Professional Liability Program
Nov 26 2012 // Alterra Capital Holdings Limited’s subsidiary Alterra America Insurance Co. has entered into a long-term partnership with Ullico Casualty Group, Inc. (UCG), a subsidiary of Ullico Inc., that will allow Alterra to...
Allied World Europe Expands Primary Professional Liability Product Suite
Nov 20 2012 // Allied World Europe has enhanced its suite of professional liability products to include primary capabilities. The new offering, Allied World Secure, consists of five products which cover a range of primary and excess...
Business Moves – West
Nov 19 2012 // Hub International, Raintree Hub International Ltd. acquired the assets of Raintree Insurance Agency Inc., a San Bernardino, Calif.-based insurance brokerage firm. Raintree will become part of the California operations of...
Torus Adds Media Liability, Financial Institution Coverages
Nov 9 2012 // Torus has expanded its U.S. management liability and professional lines practice with the addition of two new specialty insurance products: media liability coverage for the media & entertainment segment; and financial...
E&O Risks When Insuring Commerical Property
Nov 5 2012 // It seems that every year commercial property is one of the top three lines of business generating errors and omissions (E&O) claims against agents. Because most agents insure a fair number of commercial buildings, this...
Hospital, Physician Professional Liability Undergoing Change: Aon
Nov 5 2012 // The way health care is delivered and financed is undergoing major change, and this is reshaping the risks that hospitals and physicians face on a daily basis. Among other challenges, hospital risk managers are grappling...
4 Tips for Agency E&O
Nov 5 2012 // Below are four agency E&O tips, taken from Chris Burand’s E&O Blog found exclusively on InsuranceJournal.com. Divorce In personal lines, it is important to verify that the person requesting a change in...
What’s Ahead in Agency E&O
Nov 5 2012 // Competition, Hard Market, Healthcare Effects and More E&O Suits by Carriers Firmer insurance prices and an upward trend in agency revenues are signs of good times for most independent agencies. These same trends,...
Burand’s Agency E&O Blog: Tip #15
Oct 31 2012 // Review Your E&O Carrier’s Requirements for Carrier Writing Standards. There’s a myth going around that if an agency writes with a carrier rated B+ or better by A.M. Best, their E&O policy will cover...
