Latest Professional Liability Headlines

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

BHSI Launches A&E Professional Liability Policy with Cyber Insurance

Jul 12 2016 // Berkshire Hathaway Specialty Insurance (BHSI) has introduced Professional First architects & engineers (A&E) professional liability insurance in the U.S.The new policy’s cyber coverage addresses media,...

Contractor’s Professional Mitigation of Damages Coverage

Jun 20 2016 // As contractors’ professional liability insurance products continue to develop and evolve in the marketplace, many contractors aren’t aware of a new “first-party” coverage that has become available...

Brokers Dealing with Soft Market, ‘Market Fatigue’ in Medical Professional Liability

Jun 20 2016 // Are insurance brokers experiencing “market fatigue” in the medical professional liability line of insurance right now?Could be, according to Daniel Nash, senior vice president of Field Operations and Business...

CAMICO to Offer Enhanced Coverage for CPA Firms Through New Berkley Company

Jun 17 2016 // CAMICO, a CPA-directed program of insurance and risk management for the accounting profession, and Berkley Alliance Managers (BAM), a W. R. Berkley Company, have announced new insurance policies with enhanced coverage....

XL Catlin Launches Wholesale Contractors’ Pollution, Professional Coverage

Jun 15 2016 // XL Catlin’s North America Environmental insurance business has introduced a new wholesale pollution and professional insurance policy designed to help U.S. trade contractors address their contractual obligations to...

Court Hears Appeal of Expanded Joint Employer Liability Rule

Jun 8 2016 // A California waste management company at the center of a closely watched case told a U.S. appeals court on Tuesday that the new U.S. labor board standard for “joint employment” is so broad and vague that it...

Allianz Corporate Specialty Adds 3 to Cyber Insurance Team for North America

Jun 7 2016 // Allianz Global Corporate & Specialty (AGCS) has expanded its North American cyber insurance team with three industry professionals: Laura Burke, Daniel J. DeLoof and Lester Shearn.Emy R. Donavan was also promoted to...

Agency E&O and Carrier Insolvency: Things Stay the Same

Jun 6 2016 // Insurance company insolvency has been a thorny issue spanning many decades. The only consistency is that there is no one solution and that an agent can be held liable for placing coverage with a company that becomes...

XL Catlin Adds Rectification Expense Coverage to Contractors’ Policies

May 27 2016 // XL Catlin’s Environmental insurance business has added new protection to its Contractor’s Professional and Pollution Legal Liability insurance to help contractors and environmental consultant clients absorb the...

Stortzum Joins Alliant’s ProQuest Division in Chicago

May 26 2016 // Lawyers professional liability specialist Nate Stortzum has joined the ProQuest division of Alliant Insurance Services as vice president. Stortzum is based in ChicagoPrior to joining ProQuest, Stortzum was Midwest regional...

Brokers Dealing with Soft Market, ‘Market Fatigue’ in Medical Professional Liability

May 24 2016 // Are insurance brokers experiencing “market fatigue” in the medical professional liability line of insurance right now?Could be, according to Daniel Nash, senior vice president of Field Operations and Business...

Berkshire Hathaway GUARD Adds Lawyers PL Program, Plans Other Product Launches

May 23 2016 // Berkshire Hathaway GUARD Insurance Companies is now offering a lawyers professional liability policy in California, Maryland, New Jersey, Pennsylvania, Texas, and the District of Columbia with ten more states planned in...

Arch Insurance Europe Names Shulman as President & CEO

May 20 2016 // Arch Insurance Europe announced that Matthew Shulman will be appointed president and chief executive officer, effective July 1, 2016.Shulman joined Arch Insurance U.S. in 2009 and currently serves as executive vice...

XL Catlin Enhances Professional Liability Insurance for Small A&E Firms

May 17 2016 // XL Catlin’s design professional insurance business has increased the limits of its smartADVANTAGE professional liability insurance policy and improved policy terms for architectural and engineering firms in the U.S....

Medical Professional Liability Insurers’ Profits Decline But Outlook Stable: A.M. Best

May 11 2016 // The specialty medical professional liability (MPL) insurance industry remained profitable in 2015, however its net income fell nearly 36.6 percent to almost $1.1 billion in 2015.In a special report, A.M. Best said the MPL...

Anesthesia Business Consultants to Offer Professional Liability Coverage Through AJG

May 10 2016 // Anesthesia Business Consultants (ABC), a provider of billing and practice management for anesthesia and pain management specialists, has created a new insurance program for clients. Developed by Arthur J. Gallagher &...

QBE North America Promotes Burkhart to Head of Specialty Management, Professional Liability

Apr 29 2016 // QBE North America has promoted John Burkhart to senior vice president and head of Management Liability & Professional Lines (MLPL).In this newly created role, Burkhart will assume responsibility for QBE North...

General Star Management Adds Title Agents E&O Program

Apr 19 2016 // General Star Management Co. has launched a new E&O program for title agents. Available in all jurisdictions except for Alaska, Hawaii, Louisiana, and West Virginia, the program is offered through American Insurance...

Chubb Launches Healthcare Industry Practice, Taps Clouser to Lead

Mar 30 2016 // Chubb has launched a new industry practice providing insurance coverage and risk management options to the healthcare marketplace. Chubb’s Healthcare Industry Practice will offer a range of insurance products and...

Rating Agency Warns P/C Insurers on Taking On Too Much Cyber Risk

Mar 21 2016 // If they are not careful, property/casualty insurers could jeopardize their credit ratings with their expansion into standalone cyber insurance, a rating agency has warned.Cyber attacks pose dangerous risks and uncertainty...