All the headlines from our Professional Liability Topic Page, ordered by recency.
Jun 20 2013 // Berkshire Hathaway Specialty Insurance officially announced the appointment of Dan Fortin as senior vice president, executive and professional lines. Fortin was previously senior vice president of CNA Specialty.Berkshire...
Jun 19 2013 // Privacy Compliance. It’s not serious until you get caught, right?The normal individual human reaction to complex laws and laws that defy relatively easy compliance is to acknowledge their existence, give them lip...
Jun 18 2013 // Florida-based national insurance agency Brown & Brown Inc. and its wholly-owned subsidiary, ECC Insurance Brokers Inc., announced that its excess-and-surplus lines professional liability products will now be marketed...
Jun 17 2013 // Frontline Homeowners Insurance, a coastal-focused insurer, is now offering wind and flood coverage to Alabama residents with coastal properties in Mobile and Baldwin Counties.As part of its program, the insurer offers a...
Jun 17 2013 // How many of your personal lines accounts have an umbrella? Some recent surveys have indicated that insurance agencies write, on average, 1.6 personal lines policies per account. Based on this number, there is a good chance...
Jun 17 2013 // Commercial umbrellas can be an answer for business owners with significant assets or those especially vulnerable to lawsuits. Umbrellas may provide supplementary coverage for lawsuits, legal fees and settlements as well as...
Jun 13 2013 // Ryan Specialty Group’s ThinkRisk Underwriting Agency announced three new hires in its Northeast offices: Jonathan Koppel, Katie Duff and Nicole Simmons.Koppel joins ThinkRisk as a senior underwriter. He is based in...
Jun 13 2013 // Hiscox has launched phase two of their Hiscox Professional Liability Portfolio, adding two additional coverage options to the existing portfolio. Professional services firms can now add crime and data breach and privacy...
Jun 12 2013 // Carrier Rating Notifications. What responsibility does an agency have to notify clients of carrier ratings?On new business, it is a good idea to list the carrier’s rating. However, if the carrier has an A.M. Best...
Jun 11 2013 // CNA has developed a new integrated insurance product to address the full range of exposures unique to accountable care organizations (ACO). An ACO is a group of healthcare providers who join together to share...
Jun 7 2013 // Personal Lines Liability Limits. If an agency has only offered a client $100,000 liability and they have a $300,000 claim, what do you think the answer will be when, on the witness stand, their attorney asks them whether...
Jun 3 2013 // Philadelphia Insurance Companies announced the hiring of Ziad Kubursi as senior vice president of specialty lines and Karen Votta as vice president of large accounts for commercial lines. Ziad Kubursi will lead the...
May 30 2013 // Chances are just about every town in the United States has a restaurant, tavern or pizza parlor. Pursuing this type of risk, then, is common. Yet before taking that first step, do your homework to help you understand that...
May 28 2013 // Nick Fearon has joined UK-based Miller Insurance Services as a senior producer and broker to develop a book of business that includes professional indemnity, technology and cyber risks.“Nick has strong, long-standing...
May 24 2013 // E&S Binding Limits. Extremely few, if any, retail agencies have any binding authority whatsoever with their E&S brokers. This is such a simple E&O tip that most readers probably see it as a complete waste of...
May 23 2013 // Lloyd’s specialist underwriter Marketform will commence underwriting hospital professional liability, comprising medical malpractice and associated general liability insurance, in the United States effective June 1,...
May 20 2013 // It’s well known that Texas has some of the highest homeowners premiums in the nation – in large part due to the state’s vulnerability to violent weather.It may be less known that Texas has some of the highest...
May 20 2013 // Chances are just about every town in the United States has a restaurant, tavern or pizza parlor. Pursuing this type of risk, then, is common. Yet before taking that first step, do your homework to help you understand that...
May 15 2013 // AOR/BOR Procedures. If the current agent is so good, why is the insured moving their policy? AOR/BOR selling strategies have increased in popularity exponentially over the last decade. Some sales consultants and producers...
May 15 2013 // Joseph G. Shores, president of Berkley Select, will undertake the additional responsibility as president of Monitor Liability Managers, according to parent company W.R. Berkley Corp. in Greenwich, Conn.Shores succeeds...