Latest Professional Liability Headlines

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

Coverys to Acquire Global Insurance Management Company of Florida

Sep 8 2017 // Coverys, a medical professional liability insurer, and Global Insurance Management Company, Inc. (GIMC), a provider of medical professional liability insurance for physicians and other healthcare providers, have entered...

Breaking the Silence: Cyber Physical Cat Models Emerging

Sep 4 2017 // A frightened truck driver dodging a barrage of bullets fired from the assault rifles of a drug-smuggling criminal gang doesn’t seem like the obvious description of the final stages of a cyber attack.But the real-life...

Ironshore’s Singapore Branch Introduces Legal Event Expense Cover

Aug 28 2017 // Ironshore Insurance Ltd., Singapore Branch, has introduced a specialty professional lines product that offers protection for after-the-event legal expenses to mitigate commercial litigation loss exposure.Ironshore’s...

Allianz Global Corporate & Specialty Names Mann in California Head of E&O

Aug 22 2017 // Allianz Global Corporate & Specialty has named Gary Mann North America head of errors and omissions. He is based in San Francisco, Calif. He reports to Paul Schiavone, North America regional head of financial...

101 Sales, Marketing & Agency Management Ideas

Aug 21 2017 // 1. Dare to Break the Mold. We tend to hit a sweet spot of what works for us in agency management and stay there, focusing on the “sexier” sales side of the business. It’s fine to keep what works, but...

New Jersey’s New Day Underwriting Names Webb AVP in Construction Division

Aug 18 2017 // New Day Underwriting Managers, a Hamilton, N.J.-based specialty intermediary of environmental and construction-related professional liability insurance coverages, has named Bill Webb assistant vice president in the...

Chubb’s Rhyner Named President of Navigators Professional Lines in U.S.

Aug 15 2017 // James L. Rhyner has been appointed president of the Navigators Pro division of Navigators Management Co., the U.S. underwriting operation. In this role, Rhyner will lead Navigators’ U.S. directors and officers...

XL Catlin’s Bongi Moves to Brit Global Specialty USA to Launch Professional Lines

Aug 15 2017 // Brit Ltd. has appointed Tom Bongi as executive vice president of Professional Lines at Brit Global Specialty USA. Bongi is responsible for establishing and developing Brit’s Professional Lines portfolio in the U.S....

People

Aug 7 2017 // Ron Lockton, who has served as vice chairman of global insurance broker Lockton Inc. for the past two years as part of the succession plan, is expanding his role to become president and chief executive officer of the...

New Jersey’s Vanguard Hires Graf as Vice President of Operations

Aug 2 2017 // Vanguard Claims Administration Inc. (Vanguard), a Woodbury, N.J.-based insurance agency, has hired Paul J. Graf as vice president of operations.With more than 27 years of multi-line claims management experience in the...

BHSI Taps AIG’s Maxwell, Chubb’s Dilley for Exec. & Professional Lines in S. Europe

Jul 26 2017 // Berkshire Hathaway Specialty Insurance (BHSI) announced the appointments of Vanessa Maxwell as head of Professional Indemnity & Cyber Insurance and Tom Dilley as head of Financial Institutions in Southern...

Insurers Say Legal Malpractice Claims Hold Steady But Defense Costs Rise

Jul 24 2017 // Most leading legal malpractice insurers saw claims level off in 2016 although their cost to defend claims continued to escalate.A study by insurance broker Ames & Gough finds while the number of malpractice claims...

Norman-Spencer Agency Adds Professional Liability Division

Jul 19 2017 // Norman-Spencer Agency, Inc., a national property and casualty insurance provider, has added a new Professional Liability Division. The division was established to provide Norman-Spencer’s appointed agents with a...

XL’s Reynolds, Travelers’ Rea Join Hiscox USA Professional Risks Unit

Jul 12 2017 // Specialty insurer Hiscox USA announced two senior executive appointments to its Professional Risks division.Joseph Reynolds has been appointed vice president, Architects and Engineers (A&E) product head, and Thomas Rea...

McGowan Acquires North American Professional Liability Insurance Agency

Jul 11 2017 // The McGowan Companies (McGowan), headquartered in Fairview Park, Ohio, announced it acquired North American Professional Liability Insurance Agency LLC (NAPLIA), effective April 1.NAPLIA will be re-branded under the...

Insurers Say Legal Malpractice Claims Hold Steady But Defense Costs Rise

Jul 11 2017 // Most leading legal malpractice insurers saw their claims level off in 2016 although their cost to defend claims continued to escalate.A study by insurance broker Ames & Gough finds that while the number of new...

McGowan Purchases Assets of Massachusetts’ NAPLIA

Jul 11 2017 // The McGowan Companies (McGowan), a Fairview Park, Ohio-based company offering specialized insurance programs, has purchased the assets of Framingham, Mass.-based North American Professional Liability Insurance Agency LLC...

Koclanes Joins Founders Professional as Wholesale Broker in Chicago

Jul 7 2017 // National professional liability and management liability wholesale insurance brokerage, Founders Professional, has added Catherine Koclanes to its team in Chicago, Illinois, as a wholesale broker. Koclanes will assist...

Burns & Wilcox Expands Footprint in Pennsylvania, Plans More Hires

Jun 29 2017 // Burns & Wilcox, a wholesale insurance broker and underwriting manager, has increased its footprint in Pennsylvania with an office move and expansion for its Pittsburgh office to accommodate its growing team and...

Medical Professional Insurance Market in Good Health for Now: A.M. Best

Jun 19 2017 // The U.S. medical professional liability (MPL) insurance sector is stable, with strong capitalization and profitable, albeit declining, operating performance, plus the prospect of positive earnings in the medium term,...