All the headlines from our Professional Liability Topic Page, ordered by recency.
Jul 29 2019 // Independent specialty managing general agent Nexus Group has acquired Plus Risk Ltd. (PRL), a London-based financial and professional lines MGA, providing management liability and niche professional indemnity...
Jul 19 2019 // Rolling Meadows, Illinois-based Risk Placement Services (RPS) has expanded its exclusive admitted lawyers professional liability program into New York and Texas, states considered to have the largest number of attorneys in...
Jul 1 2019 // I have seen and heard seemingly an infinite number of agents, agents’ associations, and errors and omissions (E&O) attorneys advise that agents should have a low standard of care and rely on the insured having...
Jun 17 2019 // Gone are the days of insurers and brokers offering multiline and multi-divisional training to their new staff.People entering the workforce today will start their careers with an insurance carrier or brokerage firm within...
Jun 7 2019 // Medical professional liability insurer, ISMIE Mutual Insurance Co., has been approved as an admitted carrier in Texas.The company said Texas regulators have approved its rate and forms filing, so ISMIE is now able to offer...
Jun 6 2019 // Specialist insurer Beazley has streamlined its MediaTech insurance policy to provide clear and concise wording and combined comprehensive errors and omissions (E&O) and media liability insurance with cyber...
Jun 5 2019 // Everest Insurance has added three members to its Professional Liability group. This segment within the Everest Insurance Financial Lines unit provides coverage for architects and engineers, lawyers, accountants as well as...
Jun 4 2019 // Argo Pro, a member of Argo Group International Holdings, Ltd., has released Private Company PROtect – a packaged professional liability product designed to give private companies access to a range of coverage, including...
May 31 2019 // The number of legal malpractice claims resulting in larger multimillion dollar payouts – as well as the dollar amounts involved – has surged in the past year, with at least two settlements exceeding $250...
May 21 2019 // Sompo International Holdings Ltd., a Bermuda-based specialty provider of property and casualty re/insurance, announced that Udo Pützer has joined the company’s European insurance platform as head of Financial Lines...
May 20 2019 // There has been plenty of talk about how cyber continues to evolve in an ever-changing technology landscape, how cyber risks have become increasingly sophisticated and how the insurance industry needs to keep...
May 15 2019 // CorRisk Solutions has hired Donna A. Belvedere to lead its professional liability team.In this role, Belvedere will be based at CorRisk Solutions’ headquarters in Melville, N.Y. She joins CorRisk with more than three...
May 15 2019 // J.M. Wilson has added Keith Driggers as branch manager of its newly renamed Hollywood, Fla., office.Located at 5555 Hollywood Blvd, Ste. 200, the former “Enright & Wilson” office became an official J.M....
May 6 2019 // I received a nice notice from my commercial GL carrier advising the coverages at renewal would materially change. Admitted carriers have to provide such notices (E&O point: exceptions to this rule do exist, even for...
Apr 23 2019 // Everest Insurance has released a new lawyers professional liability policy – Everest Elevation – designed to provide law firms with liability coverage for financial loss suffered by third parties arising from acts,...
Apr 17 2019 // ProAssurance Corporation has revised its management structure for its newly formed Specialty P&C operating division.As previously announced, Michael L. Boguski will assume the presidency of Specialty P&C on May 13,...
Apr 15 2019 // Synergy Professional Associates, in partnership with Tokio Marine HCC – Professional Lines Group, has expanded its lawyers professional liability programs focusing on small law firms into Colorado, Florida and New...
Apr 4 2019 // AXA XL has promoted Jennifer Minors to senior vice president – product line leader in its Bermuda Professional Lines Insurance business.Minors is responsible for managing directors and officers (D&O), professional...
Apr 3 2019 // Synergy Professional Associates, in partnership with Tokio Marine HCC – Professional Lines Group, has expanded its lawyers professional liability programs focusing on small law firms into Colorado, Florida and New...
Apr 1 2019 // Tokio Marine HCC has acquired in Encino, Calif.-based NAS Insurance Services LLC.Terms of the deal were not disclosed. The acquisition of NAS represents the continuance of a partnership between NAS and the Tokio Marine...