Latest Professional Liability Headlines

All the headlines from our Professional Liability Topic Page, ordered by recency.

BerkleyMed and Berkley Healthcare Merged Into One

Nov 25 2019 // W.R. Berkley Corp. said it has combined two of its healthcare-focused operating units in a bid to strength how it offers their products to customers.BerkleyMed and Berkley Healthcare are now blended into a single operating...

Financial Institutions Offering from Hanover Targets Asset Managers, Depositories

Nov 18 2019 // The Hanover Insurance Group has launched Hanover Financial Institutions Advantage, a new offering that provides small to mid-sized asset managers and depository institutions with coordinated property, casualty, management...

A Few Good Tips to Consider on Outsourcing

Nov 18 2019 // I honestly do not see many agencies benefitting from outsourcing. They think they do, but their results show otherwise. Most of the time, they would be more successful simply with better management as outsourcing is not a...

Senior Living Market Explodes During Challenging Times

Nov 18 2019 // The senior population continues growing at a time when the insurance market for senior living operations is under strain and both trends are expected to continue.The population of Americans over age 80 will double, from 6...

Kaufman Group, Burns & Wilcox Promote 23 Associates Including D’Antoni

Nov 8 2019 // Global insurance services firm H.W. Kaufman Group and its subsidiary Burns & Wilcox, a North American wholesale insurance broker and underwriting manager, have announced numerous leadership promotions. Twenty-three...

Agency E&O: Risk Rises Along with Rates, Cats and Customer Switching

Nov 4 2019 // Agency errors and omissions (E&O) coverage is likely the most important insurance policy an agency purchases. As customer demands rise to an all-time high, having the right E&O coverage and ensuring best practices...

Ironshore Names Leahy as President of Professional Liability Unit IronPro

Nov 1 2019 // Ironshore has announced that Thomas F. Leahy, Jr. has been named president of IronPro, its professional and management liability division. He will be responsible for overseeing all aspects of marketing, underwriting and...

Miami Specialty Risk Launches Lloyd’s-Backed Cyber, Technology E&O Facility

Oct 31 2019 // Miami Specialty Risk has launched a new cyber and technology E&O facility available in all 50 states. Backed by Lloyd’s of London, the Miami Specialty Risk facility is comprised of three products: SME Cyber and...

How Specialty Carriers Approach Product Innovation: Research, Repeat and Reuse

Oct 30 2019 // “The industry really does look to specialty writers to be at the forefront of innovation,” says Gail McGiffin.Specialty insurance carriers have a unique “toolset” that helps them grow through...

Last Chance to Participate in Insurance Journal’s Agency E&O Survey

Oct 23 2019 // Today is the final day to participate in Insurance Journal’s exclusive 2019 Agency Errors & Omissions Survey.All participants will receive a copy of the survey’s report published in Insurance Journal...

Agency E&O Survey: Deadline to Participate Approaching

Oct 18 2019 // Why do agencies purchase agency E&O coverage? Are premiums trending up, down or staying the same? What restrictions are agencies seeing in their E&O coverage?These questions and more are part of Insurance...

Arthur J. Gallagher & Co. Acquires Florida-Based Direct To PolicyHolder (DTPH)

Oct 15 2019 // Arthur J. Gallagher & Co. has acquired Ponte Vedra Beach, Florida-based The Doyle Group, Inc. and its affiliates, collectively doing business as Direct To PolicyHolder (DTPH). Terms of the transaction were not...

How Emerging Risks for Medical Device Manufacturers Create Opportunities for Agents

Oct 7 2019 // The medical device industry is an expanding market with significant growth forecasted over the next decade. According to KPMG data, global predictions reveal the life sciences sector will grow by more than 5% per year,...

Berkley DP to Offer $1M Per Project Primary Limits to Design Professional Insureds

Oct 4 2019 // Berkley Design Professional (Berkley DP), a division of Berkley Alliance Managers, a Berkley Company, now offers per project primary (PPP) limits of $1 million for Berkley DP policyholders. This $1 million limit applies to...

The Missing Value Proposition of High Quality Agents

Sep 16 2019 // I was having dinner with a close friend who is retired, has no debt and has decent wealth. He asked me why I think he needs insurance. He was wondering if insurance at this stage of his life was a waste.My heart sank. This...

Hardening Markets, Social Inflation, E&S Business: Berkley, AIG Execs Face Analysts

Sep 13 2019 // The commercial general liability line will be the next property/casualty line to harden, the chief executive of W.R. Berkley Corp. predicted at an industry conference.Speaking at the Keefe, Bruyette & Woods Insurance...

Smart Choice – #8 Agency Partnerships 2019

Sep 2 2019 // Smart Choice is an agency network of 7,500 independent agency locations across 44 states. The network offers agencies of all sizes opportunities to build their business with limited upfront commitment. “We not only...

Marsh’s Beresheim Joins Lockton to Lead Financial Services Specialty Practice

Aug 19 2019 // Insurance broker Lockton announced the addition of Devin Beresheim as executive vice president for Lockton Specialty Practices. Beresheim replaces Brian Kawamoto who retired last year.Beresheim will lead Lockton Financial...

Risk Strategies Appoints Black to Lead National Professional Liability Practice

Aug 16 2019 // Risk Strategies, a privately held, national insurance brokerage and risk management firm, named Darren Black to oversee its national professional liability practice group. He is based in Kansas City, Missouri.Black joins...

Breckenridge Insurance Services Hires Professional Liability Broker George Boldarini

Aug 15 2019 // Atlanta, GA, August 15, 2019 — Breckenridge Insurance Services is pleased to announce the hiring of George Boldarini, RPLU, AU, vice president, broker, professional liability. Boldarini has nearly 20 years of insurance...