Latest Professional Liability Headlines

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

All Risks South Central Hires Hayes, Ojeda

Nov 25 2013 // The South Central operation of All Risks Ltd., based in Dallas, has added producers Jason Hayes and Priscilla Ojeda. As the newest broker, Hayes has more than a decade of experience in the insurance industry and provides...

Burand’s Agency E&O Blog: Tip #50

Nov 21 2013 // Binders Redux. A binder is a temporary insurance contract. This is a fact. The Acord 75 field Description states, “A Binder is a temporary insurance contract which provides coverage in advance of the issuance of an...

Burand’s Agency E&O Blog: Tip #49

Nov 19 2013 // Date Stamping. Could any E&O blog address a simpler subject than date stamping? Maybe not, but date stamping correctly to mitigate E&O exposures is something too few agencies practice. Most agencies I visit have a...

10 Things to Know About LTC and Assisted Living

Nov 18 2013 // 91% of assisted living residents say they are safer living in an assisted living community than they would be living on their own. (Assisted Living Federation of America’s 2013 Survey of Assisted Living...

Berkshire Hathaway Specialty Adds Healthcare Risk Management

Nov 13 2013 // Berkshire Hathaway Specialty Insurance is expanding its healthcare professional liability capabilities to provide customers with customized risk management support. The company will now reimburse qualified healthcare...

U.S. Risk Rebrands PL Division, Launches Program for Texas Lawyers

Nov 12 2013 // U.S. Risk Insurance Group, Inc., a nationwide managing general agency and surplus lines, has launched a new program for Texas lawyers’ professional liability through its U.S. Risk Pro division. This admitted program,...

Mayes Joins ANV to Lead New Technology E&O and Intangible Risk Team

Nov 5 2013 // Netherlands-based ANV Holdings BV announced that Phil Mayes will lead its new Technology E&O and Intangible Risk Underwriting team. He will be responsible for “building and running the new division which will...

Md.-Based Victor O. Schinnerer & Co. Names Senior Underwriting Manager

Nov 4 2013 // Chevy Chase, Md.-based underwriting manager Victor O. Schinnerer & Company Inc. has named Steve Cohen as senior underwriting manager for its management liability programs. In his new role, Cohen will oversee the...

E&O Dangers for Agents

Nov 4 2013 // Specializing is one way to get ahead in today’s insurance world. But becoming an expert comes with its own share of risks.Phrases such as “expert” or “specialist” have the potential to raise...

How Health Law Could Affect Medical Professional Liability

Nov 4 2013 // The U.S. medical professional liability (MPL) market has been profitable in recent years, but challenges await MPL insurers because an influx of newly insured patients, coupled with healthcare delivery system changes,...

E&O Insights: What Could Go Wrong When Insuring Habitational?

Nov 4 2013 // Insuring habitational risks has generated more than its fair share of errors and omissions (E&O) claims. While there are a host of issues, consider these specific ones: valuation, ordinance or law coverage and...

Franchise Opportunities

Nov 4 2013 // Can you name an industry that contributes $2 trillion to our country’s gross national product (GNP)? How about an industry that is the fastest-growing and represents one in every 12 businesses that exist today? Or...

ProWriters Launches Small Business Online Quoting Platform

Oct 29 2013 // ProWriters is now providing agents and brokers access to online quoting and binding for small business professional liability insurance with general liability and/or a business owners policy (BOP).Quotes for small business...

WKFC Launches Miscellaneous Professional Liability Program

Oct 28 2013 // Ryan Specialty Group’s WKFC has launched a miscellaneous professional liability program with the Chubb Group of Insurance Cos. (Chubb).The miscellaneous professional program is available for more than 100 classes of...

Coverys to Acquire Ohio Medical Professional Liability Insurance Firm

Oct 28 2013 // FinCor Holdings Inc., a member of Coverys which is based in Boston, has agreed to acquire OHA Holdings Inc. and its wholly-owned subsidiary OHA Insurance Solutions (OHAIS), located in Columbus, Ohio.Coverys provides...

Fireman’s Fund Names Dipasupil Vice President

Oct 24 2013 // Novato, Calif.-based Fireman’s Fund Insurance Co. named Jay Dipasupil vice president of professional liability. Dipasupil will lead Fireman’s Fund’s professional liability business, and will be...

MagMutual Creates New Captive for Physician Practices, Hospital Systems

Oct 17 2013 // MagMutual Insurance Co., a medical professional liability insurer in the Southeast, has formed OURCell Captive, P.C.C. A wholly owned subsidiary of MagMutual, OURCell Captive provides physician practices and hospital...

Tell Us About Your Agency’s E&O – Take Our Survey Now

Oct 17 2013 // Insurance Journal is again on the search to find out what’s happening in the agency errors and omissions (E&O) environment. The final deadline to participate in this year’s survey is Monday, Oct. 21We...

Great American, Landy Agency to Offer Professional Liability Insurance

Oct 15 2013 // Great American Insurance Group’s Professional Liability Division has formed an alliance with the Herbert H. Landy Insurance Agency to offer professional liability insurance to real estate agents, brokers, appraisers...

What’s Happening in Agency E&O? Take This Survey to Find Out

Oct 11 2013 // Insurance Journal is again on the search to find out what’s happening in the agency errors and omissions (E&O) environment.We invite you to participate in the 2013 Agency Errors & Omissions Survey, which will...