Latest Professional Liability Headlines

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

New MGA Verve to Target Liability Market for Insurance Agents, Insurers in U.S.

Sep 22 2016 // Newly-launched managing general agency Verve Risk Partners plans to target U.S. professional and management liability risks, focusing on insurance companies and captives as well as insurance agents and brokers.The...

Hiscox USA Expands Allied Healthcare Coverage to Pharmacies

Sep 22 2016 // Hiscox has launched a new coverage designed specifically for pharmacies that will complement Hiscox’s existing tailored forms in Allied Healthcare, including ambulance and medical transportation, beauty salon and day...

Hiscox Launches Combined Cyber Risk, Professional Liability Coverage for Hospitals

Sep 19 2016 // Hiscox has combined the services of its healthcare and cyber underwriters to launch Healthcare Threat Protect to coordinate with a hospital’s professional and general liability as well as their growing cyber...

XL Catlin Updates Coverage for Design Professionals to Address Emerging Risks

Sep 16 2016 // XL Catlin has enhanced its design professional insurance policy form to address architects’, engineers’ and other design businesses’ changing professional liability insurance needs.According to Doug...

ProSight, Program Brokerage Corporation Launch Pest Control Program

Sep 15 2016 // ProSight Specialty Insurance has launched a new pest control program to be distributed by Program Brokerage Corporation (PBC), a wholesale insurance brokerage firm and the official endorsed broker of the National Pest...

Chicago Underwriting Group Rebrands as Old Republic Professional Liability

Sep 7 2016 // Chicago Underwriting Group Inc., the professional liability underwriting division of Old Republic Insurance Co., is changing its name to Old Republic Professional Liability Inc. The company said the new name more clearly...

Filling the Gap in Contractors Professional and Pollution Liability

Sep 6 2016 // Coverage Part A of the Commercial General Liability (CGL) policy is limited in scope, extending coverage to claims arising out of only bodily injury (BI) and/or property damage (PD). Couple Part A’s limited scope...

Expert Gives Agents C- on Understanding of Cyber Insurance

Sep 6 2016 // Eduard Goodman, chief privacy officer of Scottsdale, Ariz.-based IDT911, an identity theft protection firm, isn’t too high on the industry’s knowledge of cyber insurance, cybercrime and data theft.Goodman...

Allied World Bermuda Appoints Chow as Senior VP, Professional Lines

Aug 26 2016 // Allied World Assurance Company Holdings announced that Dale Chow has been appointed to senior vice president, Professional Lines, for Allied World Bermuda. In this role, Chow will be responsible for the strategic...

Expert Gives Agents C- on Understanding of Cyber Insurance

Aug 23 2016 // Eduard Goodman, chief privacy officer of Scottsdale, Ariz.-based IDT911, an identity theft protection firm, isn’t too high on the industry’s knowledge of cyber insurance, cybercrime and data theft.Goodman...

Allianz Launches Cyber Coverage to Address Emerging Risks

Aug 10 2016 // Allianz Global Corporate & Specialty (AGCS) has introduced its next generation cyber and professional liability coverage product called ACCEPT Protect designed exclusively for the North American market. The new product...

Professional Liability ‘Business Enterprise Exclusion’ Upheld in Wisconsin

Aug 8 2016 // The Wisconsin Supreme Court has put to a rest a case in which an insured alleged breach of faith when the insurance company that wrote his professional liability errors and omissions insurance policy denied coverage due to...

New MGA Founders Specialty Targets Professional Liability Risks

Aug 3 2016 // National wholesale insurance broker, Founders Professional, has opened a new managing general agency, Founders Specialty, which will focus on developing products primarily in the professional liability space with key...

Wisconsin Supreme Court Upholds Professional Liability ‘Business Enterprise Exclusion’

Jul 29 2016 // The Wisconsin Supreme Court has put to a rest a case in which an insured alleged breach of faith when the insurance company that wrote his professional liability errors and omissions insurance policy denied coverage due to...

BHSI Offers Cyber Liability Cover in New Zealand; Marshall to Lead Product Line

Jul 28 2016 // Berkshire Hathaway Specialty Insurance Co. (BHSI) announced that it has introduced cyber liability insurance in New Zealand and appointed Ian Marshall to lead the product line locally as senior underwriter, Executive &...

BHSI Expands Financial Institutions Cover in Canada; Knight Leads Product Line

Jul 25 2016 // Berkshire Hathaway Specialty Insurance (BHSI) announced that it is introducing four new executive & professional lines products for financial institutions and named Andrew Knight as national director of Financial...

What to Know About Liability and Legal Costs for Apps

Jul 25 2016 // The purchase and use of smartphones, tablets, wearable computers and other mobile computing devices (MCDs) connected to the internet have experienced staggering growth in the past several years. Soon after the Apple App...

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

Jul 22 2016 // 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....

Berkshire Hathaway Purchasing New York Medical Liability Insurer

Jul 18 2016 // Berkshire Hathaway subsidiary National Indemnity Co. is acquiring Medical Liability Mutual Insurance Co. of New York for an undisclosed price.The deal comes as the insurer completes its conversation from a mutual company...

Sompo Canopius Names Banez as Head of US Financial & Professional Lines

Jul 18 2016 // Sompo Canopius AG announces has hired Laurie Banez as head of U.S. financial and professional lines. Banez is based in the New York office and reports to Stephen Hartwig, group head of casualty.She joins from Argo Pro with...