Latest Professional Liability Headlines
All the headlines from our Professional Liability Topic Page, ordered by recency.
Gold Seal Introduces Web-based Agency Internal Audit Program
Jun 15 2005 // Gold Seal Risk Management Limited has introduced a Web-based program designed to improve agency risk management and loss prevention practices and lessen the potential for errors and omissions claims called Gold Seal...
Gold Seal Risk Management Launches in U.S.
Jun 8 2005 // Gold Seal Risk Management Services (www.goldsealcorp.com), formed in Australia in 1995 to provide risk management and advisory consulting services to general insurance intermediaries, has expanded its services to the...
New Health-Care Technologies Raise Malpractice Risks
Jun 6 2005 // New health-care technologies are helping people live longer, better-quality lives but also increase medical liability exposures, a panel of experts concluded at the Crittenden medical insurance conference in New Orleans...
By Dave Kaiser
Jun 6 2005 // Associations Warn Agencies: The insurance industry’s response to the 2005 hurricane season has been noteworthy, with many professional associations emphasizing hurricane preparedness, urging members to have...
The British Are Coming! No – They’re Already Here
Jun 6 2005 // Over 200 years ago Paul Revere rallied the Minutemen with the cry: “The British are coming!” He’d be somewhat surprised to learn of today’s more benign invasion by a number of British insurance...
OneBeacon Purchases Renewal Rights for Chubb’s Hospital Professional Liability, Managed Care E&O Books
Jun 1 2005 // OneBeacon Professional Partners has purchased the renewal rights to the hospital professional liability and managed care errors & omissions books of business from Chubb Specialty Insurance (CSI). OneBeacon will renew...
Hurricane Season Begins: Southeast Associations Prepared
Jun 1 2005 // As homeowners jam Florida stores to take advantage of the state’s tax-free sales tax holiday and other stores announce “matching” programs to provide additional discounts, professional insurance...
Reseda Broker Pleads Guilty to Forgery
May 30 2005 // The California Department of Insurance Investigations Division announced that insurance broker Sajjad Hussain Shaikh, 36, also known as Adam Shaikh, of Reseda, California has pled guilty to one count of forgery. Shaikh was...
Watters Warns Mich. Docs of Bogus Med-Mal Insurer
May 23 2005 // Michigan Office of Financial and Insurance Services Commissioner Linda A. Watters recently issued a warning about a medical liability insurer called Professional Liability Insurance Co. She said in a statement that the...
Crisis in Medical Professional Liability Diminished, PLUS Panelists Say
May 23 2005 // States with meaningful tort reform are seeing stabilization in the medical professional liability arena from three years ago. Despite the decrease in claims frequency, however, severity persists and insurers must maintain...
4 St. Louis-Area Men Convicted in $3.5 Million Arson Scheme
May 23 2005 // Four St. Louis-area men were convicted Wednesday of federal charges related to the torching of four grocery stores as part of a scheme to collect more than $3.5 million in insurance claims. After a 13-day trial, a U.S....
Crisis in Medical Professional Liability Diminished, PLUS Panelists Say
May 23 2005 // States with meaningful tort reform are seeing stabilization in the medical professional liability arena from three years ago. Despite the decrease in claims frequency, however, severity persists and insurers must maintain...
XL Professional Lines Offers Insurance for Independent Directors
May 20 2005 // XL Professional Lines, a unit of XL Insurance (Bermuda) Ltd., has extended its portfolio of Directors & Officers liability products with the addition of dedicated coverage for independent directors of company...
Sullivan Joins Beazley USA for Specialty E&O
May 10 2005 // Beazley USA, a subsidiary of the U.K.-based Beazley Group, plc, a leading Lloyd’s underwriter, announced that Jerry Sullivan is joining the company as the E&O Product Leader within Specialty Lines. He will be...
Errors & Omissions for Broker-Dealers
May 9 2005 // Nuts & Bolts: CalSurance enhanced its specialized errors and omissions program for broker-dealers with 75 or fewer registered representatives. The program enhancement now provides each broker-dealer with its own...
Home Inspectors, Law Firms and Accountants
May 9 2005 // Nuts & Bolts: Avon, Conn.-based Target Insurance Services has available new markets for home inspectors professional liability, including optional general liability; professional liability for large law firms (50-plus...
Management Consultants and Staffing Firms
May 9 2005 // Nuts & Bolts: Victor O. Schinnerer & Co. launched SpecialtyOne, an E&O insurance program for management consultants and staffing firms. Target risks for the program include a range of consultants, such as...
Slivka, Farrell Join New Day Underwriters in N.J.
May 5 2005 // Jeffrey Slivka and Timothy Farrell have joined New Day Underwriting Managers LLC, an environmental insurance wholesale firm, based in Bordentown, N.J. Slivka joins New Day Underwriting as senior vice president of...
Euclid Launches New E&O Liability Product
Apr 28 2005 // Kansas City-based underwriting manager and claims administrator Euclid Managers LLC announced the launch of ProtoType, a “modern insurance product for manufacturers.” The product features: errors and omissions;...
Borda to Direct United Southern Brokers Professional Liability in Tampa
Apr 21 2005 // Juan C. Borda has been named director of professional liability for the Tampa, Fla. office of United Southern Brokers, a division of USG Insurance Services Inc. Borda will assist agents with the placement of directors and...
