All the headlines from our Professional Liability Topic Page, ordered by recency.
Jun 14 2022 // The U.S. medical professional liability insurance (MPLI) market saw an improvement in financial performance in 2021 but its combined ratio remained an unprofitable 108 and a return to profitability is unlikely, said Fitch...
May 18 2022 // A federal appellate court threw out a Florida jury verdict that would have required a Liberty Mutual unit to pay $1.6 million in damages for failing to defend an independent insurance agency against a lawsuit that accused...
May 12 2022 // Marsh Launches Renewable Energy FacilityInsurance broker Marsh announced the launch of a renewable energy facility that provides streamlined, dedicated insurance capacity for mid-scale solar and battery energy storage...
Mar 28 2022 // Rolling Meadows, IL., March 28, 2022 – RPS Signature Programs, the program administration division of specialty insurance distributor Risk Placement Services, launches a new Real Estate Appraisers Errors & Omissions...
Mar 7 2022 // Burns & Wilcox Adds Tameka Livatino and Erin Pritchett to Professional Liability Practice GroupBurns & Wilcox has named Tameka Livatinoas underwriting director of architects and engineers, based in Chicago. With...
Mar 7 2022 // Applied Financial Lines Names Noble, Owen and DauNebraska-headquartered specialty insurer Applied Underwriters has expanded its Applied Financial Lines unit with several key appointments. Kim Noble has been named vice...
Mar 7 2022 // Insurance rating agency AM Best said it expects the U.S. property/casualty insurance industry to record an increase in surplus in 2021 thanks to investment income and capital gains improvements despite booking an...
Mar 4 2022 // Take1 Introduces Coverage for Documentary, Industrial, Commercial, and Educational Film ProducersThanks to the growing number of broadcast, cable and streaming platforms, the market demand for recorded filmed content has...
Feb 24 2022 // Insurance rating agency AM Best said it expects the U.S. property/casualty insurance industry to record an increase in surplus in 2021 thanks to investment income and capital gains improvements despite booking an...
Feb 9 2022 // This edition of International People Moves details appointments at Berkshire Hathaway Specialty Insurance (BHSI), RiverStone International and broker Tysers.A summary of these new hires follows here. BHSI Promotes...
Jan 27 2022 // Cincinnati, Ohio-based Norman-Spencer is growing its current real estate errors & omissions (E&O) program by creating an exclusive Risk Purchasing Group (RPG) with The Hanover Insurance Group. Exclusive coverages...
Dec 16 2021 // Fox Point Programs is expanding its professional liability insurance offerings for small businesses in more than 2,000 professional categories through the introduction of its FoxPro Defender series errors and omissions...
Nov 30 2021 // Exclusive product for Amwins brokers will focus on excess D&ONovember 30, 2021 — Amwins Special Risk Underwriters today announced the launch of an Executive D&O Liability product. This product marks the...
Nov 18 2021 // Bernstein brings 24 years of wholesale insurance expertise to his new positionSHERMAN OAKS, CA – November 9, 2021: Western Security Surplus Insurance Brokers (WSS), an XPT Partners company, is pleased to announce the...
Nov 1 2021 // Errors & omissions claims against agencies related to the COVID-19 pandemic have not materialized as feared a year ago. Overall, E&O claims against agencies actually dropped in 2020.That’s basically good news...
Nov 1 2021 // According to Insurance Journal’s 2021 Agency E&O survey, 58.4% of respondents saw an increase in their E&O renewal premium from 2020 to 2021, up from 50.2% in last year’s survey. And 61.8% expect...
Oct 21 2021 // Castel Underwriting Agencies Ltd. has launched a new underwriting cell, North American Professional Liability (NAPL), to focus on professional service firms’ business in the U.S.The cell is writing both primary and...
Oct 14 2021 // Skyward Specialty Insurance Group is broadening its professional and management liability offerings for the U.S. legal cannabis market by adding cannabis-related risk to multiple coverage classes. The company’s...
Oct 8 2021 // Insurance Journal invites buyers of agency errors and omissions insurance to participate in this year’s Agency Errors & Omissions Survey.The survey should take no more than 10 minutes to complete, and will...
Jun 7 2021 // Almost a year ago, I wrote an article, asking the question, Do Police Officers Need to Buy Professional Liability? It’s still a good question and I’d like to explore it again from another direction. What might...