Latest Professional Liability Headlines

XL Insurance Names Molitano as Tech E&O Manager

Aug 20 2008 // David J. Molitano has been appointed to the new position of technology errors and omissions (E&O) manager for XL Insurance, XL Capital Ltd’s global insurance operations, in the company’s Select...

Angelo Joins OneBeacon Professional Partners

Aug 18 2008 // Canton, Massachusetts-based OneBeacon Professional Partners has appointed Susan Angelo senior vice president of managed care. In her new role, Angelo will oversee all product, business development and underwriting...

Swiss Re Launches U.S. Agency Umbrella E&O Coverage

Aug 13 2008 // Swiss Re’s Commercial Insurance group has introduced Errors and Omissions (E&O) agency umbrella coverage in all 50 states and the District of Columbia. “The insurance policy offering was developed in...

American Special Risk Services Names Orta President/CEO

Aug 11 2008 // American Special Risk Insurance Services, a surplus lines professional liability managing general agent/wholesaler based in Woodland Hills, Calif., appointed Rocio L. Orta president and CEO. She will be responsible for...

Socius Opens Miami Office, Appoints Miller VP

Jul 30 2008 // Socius Insurance Services Inc., a San Francisco-based management liability and property and casualty insurance wholesaler, appointed Gregg Miller vice president in its new Miami branch office. Miller is charged with new...

Survey: Private Firms More Exposed to Liability Risks, But Less Protected

Jul 30 2008 // More than one-third of U.S. businesses do not purchase any type of management or professional liability insurance. Yet, two out of three U.S. private companies have experienced some type of event related to management or...

Jimcor Promotes Three to Manage Select Risk Division

Jul 24 2008 // Montvale, New Jersey-based Jimcor Agencies, an excess and surplus lines wholesaler, has promoted Matthew Farbman to property and casualty brokerage manager and Renee Azelby and Joseph Schneider to professional liability...

New York Agents Support Expansion of Excess & Surplus Export List

Jul 23 2008 // Insurance agents and brokers in New York have called upon state officials to ease the rules for how agents obtain coverage for some high-risk policies. The Excess Line Association of New York has proposed adding dozens of...

Crump Insurance Services Hires Eastman as Associate Broker

Jul 10 2008 // Tara Eastman has joined Crump Insurance Services Inc.’s Dallas office as associate broker on Matthew Sheehan’s professional liability team. In this position Eastman will manage professional liability and...

Navigators Group’s New Stockholm Office Headed by Edstrom

Jul 8 2008 // The Navigators Group, Inc. has launched underwriting operations in Sweden through its new underwriting agency, NUAL AB, and has opened a Stockholm office. The office, under the leadership of Sverker Edstrom, managing...

New York Insurance Department Adds Coverages to ‘Free-Trade Zone’

Jul 7 2008 // Insurers would no longer file rates and forms with regulators for some professional liability and errors and omissions coverages under a plan by the New York insurance department to add those coverage to the ‘free...

NSM Adds New Agents, Accountants Professional Liability Programs

Jul 7 2008 // NSM Insurance Group, based in Conshohocken, Pa., has acquired a new specialty underwriting group focused on professional liability coverage targeting property and casualty insurance agencies. This new group will include...

Allied World Assurance to Acquire Darwin Professional Underwriters

Jun 30 2008 // Bermuda-based Allied World Assurance Co., Ltd. has agreed to acquire Connecticut-based Darwin Professional Underwriters, Inc. Darwin offers specialty and primary professional lines coverages, which include health care...

UAI Taps DeGraw as V.P. Professional Liability for Diamond State

Jun 27 2008 // Cayman Islands-based United America Indemnity has appointed Brian DeGraw as vice president of professional liability for Diamond State Group, one of three divisions of its U.S. operations. DeGraw will report directly to...

Law Firms Face Increased Liability Risks Warns Marsh

Jun 16 2008 // A bulletin from Marsh’s London office warns that the economic downturn in the US and many parts of Europe, caused by the contraction of readily available credit in some spheres, may well increase the incidence of...

Jun 16 2008 // People Dallas-based Colemont Insurance Brokers promoted Su Young to vice president in Colemont’s Texas office. Young joined Colemont in 2001 as part of the Texas financial services team and is located in Houston. She...

Claims of Agent’s Professional Negligence Can Be Assigned To Third Party

Jun 2 2008 // The Supreme Court of Arizona ruled that an insurance agent’s clients may assert claims for professional negligence against the client and may assign such claims to third parties. According to D. Jere’ Webb v....

Monarch E&S Offers Accountants Professional Liability

Jun 1 2008 // Monarch E&S Insurance Services is offering an accountants professional liability program in California. Policy coverage features include first dollar defense; personal injury; additonal claims expense limit; aggregate...

Howden Launches U.S. Wholesale Brokerage Division in Miami

May 23 2008 // Miami-based Howden, specialist liability broker and part of the global insurance group Hyperion, launched a new wholesale brokerage division. Howden Broking Group’s Miami office will offer brokers a global network of...

Liability Costs for Long Term Care Industry Stabilize, Aon Reports

May 13 2008 // An Aon Corp. analysis of liability in the long term care industry found for the first time in nine years of reporting that liability costs are stable on a national average basis. The study found that average general...