All the headlines from our Professional Liability Topic Page, ordered by recency.
Jan 14 2013 // P/C Insurance Joint Industry Forum Jan 15 Waldorf Astoria Hotel, New York, NY Insurance Information Institute www.iii.org2013 Big ‘I’ Winter Meeting Jan 16-20 The Westin Mission Hills Resort & Spa, Rancho...
Jan 14 2013 // Many advisors suggest agents simply jettison small commercial accounts. But sometimes small is good. When small accounts are processed and serviced efficiently, these books can be much more stable in tough times than a few...
Jan 11 2013 // General Star Management Co. has made a series of revisions to the policy for its accountants professional liability program. Available exclusively via program administrator Pearl Insurance, the product is currently...
Jan 9 2013 // Know Your Binders. Improperly written binders are one of the most significant exposures agencies have to being sued by their own carriers so knowing how to write binders correctly is imperative. One of the issues is...
Jan 8 2013 // More often than not, a second wave of claims against insurance agents by their clients follows a natural disaster.As parties find themselves without the coverage they expected after a catastrophe, it appears to be a...
Jan 3 2013 // San Francisco, Calif.-based Wells Fargo Insurance named Rebecca Pearson vice president for its professional risk group’s technology, privacy and network risk practice.Pearson will advise clients on professional...
Jan 2 2013 // The insurance industry has wrestled with the best way to respond to all the different privacy and security exposures businesses face in the current tech-heavy world. Since it first came out in the late ’90s, cyber...
Dec 21 2012 // Homeowners, businesses, and municipalities in the tri-state area continue to rebuild and rebound from Superstorm Sandy.Often, large-scale devastation and destruction are followed by lawsuits against individuals and...
Dec 17 2012 // New entrants into the insurance industry are often triggered by the market showing signs of hardening. After all, these “newbies” have a better chance of securing a healthy rate by not having to pay for...
Dec 14 2012 // Business Risk Partners (BRP), a Windsor, Conn.-based managing general underwriter, appointed Jayne Downey as a senior underwriter overseeing the firm’s technology errors-and-omissions (E&O) and data...
Dec 14 2012 // Victor O. Schinnerer & Company, Inc. has launched a new real estate errors and omissions (E&O) policy form. The new policy provides additional coverage enhancements for real estate professionals and will be...
Dec 13 2012 // NAS Insurance Services has launched a broader professional liability insurance program for tutors that provides coverage for their E&O and abuse or molestation exposure on one policy. The program offers a simple...
Dec 13 2012 // Louisiana Medical Mutual Insurance Co. (LAMMICO), based in Metairie, announced a sixth consecutive dividend for all LAMMICO policyholders in Louisiana and Arkansas. The announcement affects just over 6,000 policyholders,...
Dec 13 2012 // As Americans do their best to plan for retirement, all it takes is a visit to a financial planner to realize the importance and value of long-term care insurance. The goal of purchasing it is two-fold: retaining as much of...
Dec 5 2012 // Is Your Agency Still Accepting Cash Payments? Relatively few agencies today, at least relative to ten years ago, are accepting cash. Technology will reduce cash payments even more. The means to never accept another cash...
Nov 29 2012 // A recent survey* undertaken by global specialty insurer Torus has highlighted a myriad of current issues facing the management liability and professional lines market. Designed to identify key trends affecting this...
Nov 28 2012 // Have You Updated Your Procedures to Cover Handheld Devices?Without question, handheld devices, whether they be simple phones, pda’s, or smart phones, have transformed agency communications. Agency producers and staff...
Nov 27 2012 // Firmer insurance prices and an upward trend in agency revenues are signs of good times for most independent agencies. These same trends, however, are reflected in today’s insurance market for agency errors and...
Nov 26 2012 // Alterra Capital Holdings Limited’s subsidiary Alterra America Insurance Co. has entered into a long-term partnership with Ullico Casualty Group, Inc. (UCG), a subsidiary of Ullico Inc., that will allow Alterra to...
Nov 20 2012 // Allied World Europe has enhanced its suite of professional liability products to include primary capabilities. The new offering, Allied World Secure, consists of five products which cover a range of primary and excess...