Latest Professional Liability Headlines
All the headlines from our Professional Liability Topic Page, ordered by recency.
Synergy Professional Associates Announces New Policy, Focusing on Small Hard-to-Place Law Firms
Aug 26 2009 // August 26, 2009 – Kinnelon, NJ – Synergy Professional Associates announces new broadened policy language to their Lawyers Professional Liability Program, which focuses on small hard-to-place law firms. The new...
NYMAGIC Appoints 2 Senior Officers
Aug 18 2009 // NYMAGIC appointed Tim McAndrew and Ed Skoch to senior executive positions within its Mutual Marine Office Inc. subsidiary. McAndrew has been appointed executive vice president and chief underwriting officer – Ocean...
Watercraft Rentals: It’s Good to Know What’s Covered and What’s Not
Aug 17 2009 // It’s summer, do you know where your homeowners insurance customers are? Perhaps they’re out on a lake somewhere, playing on rented jet skis or blowing with a gentle wind in a borrowed sailboat. Do they know...
Swett & Crawford Adds Godde to Professional Liability Team in Atlanta
Aug 12 2009 // Gregg Godde is bringing his experience in the placement of directors and officers liability insurance for the healthcare, management liability and other professional services sectors to the Atlanta office of wholesale...
Rockwood Offers Enhanced E&O Program
Aug 11 2009 // Delaware-based Rockwood Programs has announced enhancements to its “Rockwood Defender” MGA/Program Administrator E&O Program. Rockwood is now offering limits of up to $15 million, and enhancements such as...
Associations Partner to Share Educational Programs, Knowledge
Jul 29 2009 // The National Association of Professional Surplus Lines Offices (NAPSLO) and the Professional Liability Underwriting Society (PLUS) have collaborated to offer educational opportunities to members of both associations. Under...
Progressive Introduces Any Auto Commercial Liability Endorsement
Jul 23 2009 // Progressive introduced a new commercial auto endorsements that might limit an agent’s errors and omissions exposure, the insurer says. Imagine this scenario — a customer has commercial auto insurance for his...
Navigators Expands Agency Professional Liability Program
Jul 21 2009 // The Navigators Group Inc.’s principal underwriting agency subsidiary, Navigators Management Company Inc., will expand its Nav Pro Professional Liability Division by partnering with Aon Affinity, a subsidiary of Aon...
People
Jul 20 2009 // Colemont Insurance Brokers has named John Cleary as vice president and casualty broker. Cleary will be physically located in New Jersey, but he will be working as part of the Hartford, Connecticut office. He brings over 25...
Premier Sponsors Professional Liability Insurance for Not-for-Profit Hospitals
Jul 20 2009 // Premier Insurance Management Services Inc. (PIMS) out of Charlotte, North Carolina, is offering a new professional medical liability insurance program to not-for-profit hospital members of the Premier healthcare...
Rockwood Offers Installments on Life Agents E&O
Jul 9 2009 // Rockwood Programs Inc. now offers a quarterly installment option on its life agents errors and omissions (E&O) product. Once established, premium payments will be automatically charged to the policyholder’s...
Court: Professional Liability Policy Excludes Patent Claims
Jul 6 2009 // A professional liability policy does not cover legal fees for patent infringement lawsuits brought by a competing company, a Pennsylvania appeals court has ruled. The ruling comes in response to a suit brought by...
People
Jul 6 2009 // Jeffrey A. Vanderpool has been promoted to senior vice president and chief claims officer at Sunshine State Insurance Co. in St. Augustine, Fla. Vanderpool has served as vice president of caims since he joined the insurer...
Beware of Symbol 7 Only Auto
Jul 6 2009 // Agents Need to Cover Their Exposures by Offering Hired Non-Owned Auto Coverage Risk managers, insurance agents and brokers have always known that a Symbol 7 on auto liability policies is not very desirable. This symbol...
Agents Advised to Know How Work Comp Trusts Differ From Typical Insurance Companies
Jun 25 2009 // To start off, what exactly is a workers’ compensation group trust? Per the New York State Insurance Department Web site, it is: [A] group of employers who perform related activities in an industry who agree to be...
Court: Professional Liability Policy Excludes Patent Claims
Jun 25 2009 // A professional liability policy does not cover legal fees for patent infringement lawsuits brought by a competing company, a Pennsylvania appeals court has ruled. The ruling comes in response to a suit brought by...
California Legislature Considers Personal, Professional Liability Issues
Jun 22 2009 // The California Legislature is scheduled to hear at least two bills this week pertaining to insurance. SB 39 Torts: Personal Liability Immunity would clarify that disaster service workers who perform disaster services...
Florida Amends Rules for Reporting Professional Liability Claims
Jun 18 2009 // Florida Gov. Charlie Crist has signed into law a bill that amends the rules for reporting of professional liability claims by insurers and health care providers. The bill (SB 2252) also defines when a claim exists and sets...
Best Raises ProAssurance Ratings
Jun 18 2009 // A.M. Best Co. has upgraded the financial strength rating (FSR) to ‘A’ (Excellent) from ‘A’ (Excellent) and issuer credit ratings (ICR) to “a” from “a-” of ProAssurance Group...
Bostonian Group Launches P/C Risk Management Practice
Jun 17 2009 // Massachusetts-based benefits firm The Bostonian Group has formed a property/casualty risk management practice group called Bostonian Solutions Property & Casualty. The firm said its risk management practice will...
