Latest Professional Liability Headlines

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

XL Catlin Enhances Design Professionals Professional Liability Platform

Apr 4 2018 // XL Catlin has enhanced its online underwriting platform for design professional brokers to offer capabilities for quick, single-point access to rate, bind and issue professional liability insurance coverage for architects,...

Worldwide Facilities Acquires Connecticut’s Tennant Risk Services Insurance Agency

Apr 3 2018 // Worldwide Facilities has acquired Tennant Risk Services Insurance Agency LLC.Worldwide Facilities is a Los Angeles, Calif.-headquartered, national wholesale insurance brokerage and managing general agency. Tennant Risk...

Agency E&O: To Win a Lawsuit or Prevent One?

Apr 2 2018 // Insurance agents and brokers have long been targets of error and omission lawsuits. It’s also true that most of them have sought advice of counsel as to how to win a lawsuit. They will often be told that the duty of...

Agency Best Practices for Avoiding, Rather Than Winning, E&O Suits

Mar 21 2018 // Insurance agents and brokers have long been targets of error and omission lawsuits. It’s also true that most agents and brokers have sought advice of counsel as to how to win a lawsuit. They will often be told that...

For U.S. Doctors, Being Sued Is Common Ailment

Mar 19 2018 // Getting sued is not an uncommon event for physicians. More than a third of physicians (34 percent) have had a claim filed against them at some point in their careers.Also, according to research from the American Medical...

Trump Administration, McDonald’s Rush to Avoid Employer Liability Trial

Mar 18 2018 // The National Labor Relations Board is ignoring its own guidelines and rushing to settle a major workplace action involving McDonald’s Corp., lawyers for employees involved in the litigation alleged. If the workers...

Maximum Taps Smid to Lead Florida Professional Lines Practice Expansion

Mar 13 2018 // Maximum, an independent, Chicago-based excess and surplus lines wholesaler, is expanding its professional lines practice with the addition of a Tampa, Fla. office.Gary Smid has been hired to fill a production role, tasked...

Hiscox Launches Mental Health Professional Liability Policy

Mar 9 2018 // Hiscox has added new coverages to its insurance policy for U.S. businesses in the mental health industry. Hiscox PRO Outpatient Mental Healthcare Professional Liability offers a variety of specialized benefits for mental...

Validus Specialty Expands Commercial D&O Portfolio; Zurich’s McAdams Named Sr. U/W

Mar 8 2018 // Validus Specialty Underwriting Services Inc. announced the expansion of its product portfolio with an admitted, private company commercial directors and officers (D&O) policy.With broad coverage, the new form provides...

For U.S. Doctors, Being Sued Is Common Ailment

Mar 7 2018 // Getting sued is not an uncommon event for physicians. More than a third of physicians (34 percent) have had a claim filed against them at some point in their careers.Also, according to research from the American Medical...

Y-Risk Approved as Lloyd’s Coverholder for Cyber, Technology E&O Product

Mar 7 2018 // Y-Risk, LLC, a specialty underwriting management company, has been approved as a Lloyd’s coverholder with authority for cyber and technology E&O insurance on behalf of certain Lloyd’s syndicates. Y-Risk is...

Sompo International to Launch Specialty Operation in Spain; Executive Team Named

Mar 6 2018 // Sompo International announced it will launch a specialty insurance underwriting operation in Barcelona, Spain.Sompo currently has a London-based operation but must open EU-based headquarters in order to conduct business...

Former Swett Exec Vogle Joins Worldwide Facilities as SVP in Atlanta

Feb 23 2018 // National wholesale insurance brokerage and managing general agent Worldwide Facilities has added George Vogle to its Atlanta office as a senior vice president specializing in professional liability. Vogle began his career...

Ryan Specialty Group to Acquire New Jersey’s New Day Underwriting Managers

Feb 22 2018 // Ryan Specialty Group LLC (RSG) has reached a definitive agreement to acquire the assets and operations of New Day Underwriting Managers LLC (New Day), a specialty intermediary with offices in Hamilton, N.J.New Day will...

Risk Strategies Acquires New York City’s Prosurance Redeker Group

Feb 22 2018 // Risk Strategies, a Boston, Mass.-headquartered, privately held national insurance brokerage and risk management firm, has acquired New York City-based Prosurance Redeker Group LTD., a specialty brokerage serving architects...

NAS Insurance Adds Miscellaneous E&O Coverage for Architects, Engineers

Feb 20 2018 // NAS Insurance Services has released a new miscellaneous E&O architects and engineers (A&E) insurance product that includes coverage for technology services and cyber liability coverage.NAS’ Architects and...

Insurers May Not be Able to Avoid Blockchain, Virtual Currencies ‘Sweeping Through Industry’

Feb 14 2018 // Insurers need to be thinking about blockchain technology and virtual currencies like bitcoin and how to approach these areas of emerging risk as they become harder to ignore, according to panelists at the 2018 Professional...

QBE, Huntersure to Offer Architect, Engineer, Contractors PL Coverage

Feb 14 2018 // QBE North America has formed a strategic program underwriting alliance with Huntersure LLC, to offer its professional liability coverage for small to mid-size architectural, engineering and contractor businesses nationwide...

Validus Specialty Launches Standalone Cyber Insurance Product

Feb 8 2018 // The Cyber and Technology insurance group of Validus Specialty Underwriting Services, Inc. have expanded its offering with a standalone cyber insurance product focused on privacy and network protection coverage. The product...

The Competitive Advantage: The Value of an Employee Handbook

Feb 5 2018 // Most small agencies, and quite a few middle-to-large agencies, lack a current employee handbook or at least one of quality. Honestly, day-to-day, an employee handbook really is not that important, especially with just a...