Latest Professional Liability Headlines
All the headlines from our Professional Liability Topic Page, ordered by recency.
Agents in E&O Buyer’s Seat
Aug 6 2007 // If ever there was a time for insurance agents to get out and go looking for a better errors and omissions policy, this is the season. Agents who do will come across several admitted carriers that are welcoming new business...
Commercial lines insights of top agencies
Aug 6 2007 // While much of the talk about the current commercial and professional lines market turns to insurers lowering their prices, the soft market is requiring agents to raise their agencies’ level of attention paid to...
Shand Morahan Buys Investment E&O Specialist Cambridge Alliance
Aug 1 2007 // Shand Morahan & Co. Inc., a Markel Corp., reports it has acquired Cambridge Alliance, a Burlington, Vermont managing general agency that specializes in errors and omissions insurance for registered investment advisors...
Atlanta’s Engle Martin Expanding Into Professional Liability Practice
Jul 30 2007 // Engle Martin Claims Administrative Services, a division of Atlanta-based Engle Martin & Associates Inc., a national independent insurance claims administration and adjusting firm, is continuing to expand into the...
Indiana insurer for mutual insurers, agents celebrates 20 years
Jul 23 2007 // The blueprint for the company was originally conceived by an ad hoc task force of senior executive officers from several mutual property/casualty insurance companies in response to the liability insurance crisis of the...
Calif. State Bar Considers Malpractice Insurance Disclosure
Jul 23 2007 // The California State Bar is considering whether lawyers in the state should be required to disclose whether they have malpractice insurance. State Bar President John Van de Kamp has appointed a task force to study whether...
News Currents
Jul 23 2007 // Indiana insurer for mutual insurers, agents celebrates 20 years The blueprint for the company was originally conceived by an ad hoc task force of senior executive officers from several mutual property/casualty insurance...
Willis Index Shows Soft Market in U.K. for Financial and Professional Lines
Jul 17 2007 // Rates continued to decrease in the second quarter of 2007 across all financial, executive and professional lines of insurance, according to a survey of London market insurers by Willis Group Holdings (NYSE: WSH), the...
IronPro Expands Professional Liability Team with McKeegan, Monaghan
Jul 16 2007 // Ironshore Inc. announced two professionals have joined its professional liability facility, IronPro. Peter McKeegan is senior vice president supporting underwriting and additionally wholesale producer servicing; and Tom...
Born in Crisis, Insurer for Mutual Insurers, Agents Marks 20th Year
Jul 12 2007 // The blueprint for the company was originally conceived by an ad hoc task force of senior executive officers from several mutual property/casualty insurance companies in response to the liability insurance crisis of the...
Coverage interpretation and claims litigation at odds
Jul 2 2007 // But overall, construction market looks ‘optimistic,’ Willis exec says Today’s construction underwriters and their claim departments may not be following the same blueprint on issues of coverage...
Project owners run for their own cover
Jul 2 2007 // Owners of construction projects increasingly have concerns separate from those of their contractors or design architects and engineers when it comes to liability insurance. Jacobus (Jaap) Vrolijk, vice president within...
Getting to ‘yes’ with underwriters on design liability accounts
Jul 2 2007 // The most important thing a broker can do to advance an underwriting deal for an architects and engineers professional liability account is to understand how insurers vary in their rating. Insurers do not all approach...
Coverage interpretation and claims litigation at odds
Jul 2 2007 // Today’s construction underwriters and their claim departments may not be following the same blueprint on issues of coverage interpretation for losses involving general liability and property damage claims, says Paul...
Hanover Group Acquires Michigan-Based Professional Liability Carrier
Jun 25 2007 // The Hanover Insurance Group, Inc. has agreed to acquire a professional liability insurer, Professionals Direct, Inc., for $23.2 million. Professionals Direct is the Michigan-based holding company for the Professionals...
Delta Opens Medical Malpractice, Professional Liability Division
Jun 21 2007 // Delta General Agency announced the formation of a professional liability division with specialized focus on medical malpractice coverage. The company has tapped Marla Timmons, senior health care and professional liability...
Liberty Mutual Underwriters, Lemme Offer Accountants’ Professional Liability
Jun 21 2007 // Liberty International Underwriters (LIU), a division of Liberty Mutual Group, and Lemme Insurance Group, Inc. have partnered to provide accountants with an expanded professional liability policy. Available in 38 states...
Strength in Numbers
Jun 18 2007 // Today’s demands on independent agents are plentiful: competition, risk management, compensation disclosure, quality markets and carrier’s demands for premium quotas, to name a few. Such demands could be one...
Fireman’s Fund Offers E&O for Big “I” Membership
Jun 5 2007 // Novato, Calif.-based Fireman’s Fund Insurance Co. has endorsed a program for insurance agents errors and omissions (Agents E&O) coverage with Independent Insurance Agents & Brokers of America (IIABA), known...
Swiss Re, Big ‘I’ Ink 5-Year Pact On E&O Coverage
May 29 2007 // The Independent Insurance Agents and Brokers Association of America and Swiss Re’s Commercial Insurance have signed an agreement for Swiss Re to be the endorsed errors and omissions carrier of the Big I for five more...
