Professional/Management/Employers Liability News

South Dakota Bar Warns Attorneys About Counseling Pot Sellers

The South Dakota State Bar Association is advising attorneys against providing legal services to businesses seeking to produce or sell marijuana in the state. South Dakota voters approved legalizing both recreational and medical pot on the same ballot in November. …

New MGA Seeks To Streamline Professional Liability Coverage

ProFinity Insurance Services to offer wholesale solution for design, engineering, construction and manufacturing LOS ANGELES, Dec. 14, 2020 – ProFinity Insurance Services, a specialty MGA focused on the design, engineering, construction and manufacturing industries, recently opened its doors to wholesale …

PLUS Experts: One of the Biggest Gaps in Cyber is Explaining it to Customers

What’s one of the biggest gaps in cyber? Good communication between the insurance industry and customers, who are in need of more than just products to help protect them from risks in the rapidly changing digital world. That was the …

Insurer: Not liable for Claims of Embezzlement in New Mexico Matter

Another insurance company has gone to federal court in New Mexico to avoid paying millions of dollars in claims from victims whose trust funds and savings were embezzled. The Albuquerque Journal reported the Cincinnati Insurance Co., based in Fairfield, Ohio, …

Insurers Broadening Architects, Engineers Liability Coverage: Survey

While the market for architects and engineers professional liability insurance remains intensely competitive, many insurers providing this coverage are weighing new policy enhancements that offer expanded protection. A new survey by insurance broker Ames & Gough finds some insurers are …

BHSI Launches Casualty Platform; Leeks Named Head of Casualty, UK & S. Europe

Berkshire Hathaway Specialty Insurance (BHSI) is introducing public and products liability insurance in the UK, Ireland and Southern Europe, and employer’s liability insurance in the UK and Ireland, while naming Martin Leeks, senior vice president, Casualty, UK and Southern Europe. …

Want to Know More About Agency E&O? Participate Now.

Insurance Journal is asking for participation in its 2016 Agency Errors & Omissions Survey. This survey report will share key insights on today’s Agency E&O market. Participate now to learn more about the market. The survey is designed specifically for …

Uptick in Lawyers’ Liability Claims; Business Transactions Top Claim: Study

Law firms have seen an increase in the frequency of malpractice claims, which are becoming more costly to defend and could cause lasting reputational damage, according to a new study by insurance broker Ames & Gough. The study found that …

Risk Strategies Acquires Dallas-Based McLaughlin Brunson Agency

National insurance brokerage and risk management firm, Risk Strategies Company, has acquired Dallas-based McLaughlin Brunson Insurance Agency. McLaughlin Brunson provides insurance products and services to architects, engineers and certified professional accountants in Texas and Oklahoma. The firm will be known …

BHSI Launches Asset Management Liability Policy in Asia

Berkshire Hathaway Specialty Insurance Co. (BHSI) has introduced Professional First™ Asset Management Liability Insurance for mutual funds, alternative funds and asset managers in the Asian market. BHSI describes the coverage as a “comprehensive and clearly worded professional liability, directors & …