All the headlines from our Professional Liability Topic Page, ordered by recency.
Jul 25 2012 // General Star Management professional liability coverage for real estate appraisers has been approved and is now available in New York on an admitted basis. Underwritten by General Star’s Professional E&O...
Jul 25 2012 // Argo Group International Holdings, Ltd. announced that Jason Dsouza has joined Argo Re (DIFC) Ltd. in Dubai as a casualty and professional lines underwriter. He will report to Argo Re (DIFC’s) Chief Underwriting...
Jul 23 2012 // I’ve written extensively about how the use of coverage checklists benefits an agency. The benefits include significantly reduced errors and omission (E&O) exposures, enhanced reputations, better sales, and last...
Jul 23 2012 // Pro Insurance Group, Falvay-Counihan InsurancePro Insurance Group, a Troy, Mich.-based independent insurance agency, announced the acquisition of Falvay-Counihan Insurance Inc., of Bloomfield Hills, Mich. InPro gains...
Jul 23 2012 // The excess and surplus lines market has been around a long time. It has served the insurance marketplace well, providing specialty coverage and writing tough-to-place risks. While activity in the E&S market is...
Jul 19 2012 // Voice mail disclaimers. Most agencies today have standard voice mail disclaimers that state something to the effect of, “No coverage can be bound or obtained by leaving a voice mail.” I support this...
Jul 16 2012 // Every year, errors and omissions (E&O) claims arising out of the placement of workers’ compensation account for approximately 10 percent of all claims. Many of those workers’ comp claims are well in excess...
Jul 11 2012 // Dallas-based independent insurance firm, Higginbotham, hired broker and sales producer Byron E. Johnson as executive vice president within its commercial property and casualty division.Johnson and his account service team...
Jul 11 2012 // Offer all clients higher liability limits. One of the most common E&O claim examples virtually ever producer and CSR knows is this: What happens if an insured has a large liability claim and they don’t have high...
Jul 10 2012 // Hiscox USA has expanded their professional liability and general liability policies to allied health professionals. Hiscox’s expanded coverage is currently available in 21 states, including Texas and Florida. The...
Jul 3 2012 // Minor items do cause E&O claims and sometimes your carriers exploit these minor items. Almost every agency occasionally receives law suit papers and every agency knows they have to forward these papers to the carrier...
Jul 2 2012 // As a volunteer engaged with a network of agency management system vendor clients, I have an opportunity to hear from my peers about their experiences and compare this with what goes on in our own office. While we all find...
Jul 2 2012 // National healthcare reform legislation passed by Congress in 2010 may or may not survive consideration by the U.S. Supreme Court, but the healthcare system already has been evolving in ways that are likely to proceed...
Jun 29 2012 // The practice of business transactions presents greater professional liability risk for attorneys than many other areas of practice, a new analysis revealed.A new study based on claims from CNA’s Lawyers Professional...
Jun 29 2012 // The Risk Control unit of CNA insurance companies has released a study that takes a look at lawyers and the practice of business transactions, a diverse area that often involves drafting and negotiating agreements and...
Jun 28 2012 // ProAssurance Corporation, a Birmingham, Ala.-headquartered medical liability insurer, said it is acquiring Medmarc Insurance Group.Medmarc, based in Chantilly, Virginia, specializes in products liability insurance for...
Jun 27 2012 // Do you ever advise your clients the company issued their policy with errors so you’ll send it to them once the company reissues the policy with corrections? The exposure this seemingly good customer service creates...
Jun 22 2012 // CNA, the national program underwriter for the American Institute of Certified Public Accountants Member Insurance Program, named Clyde Takahashi underwriting consulting director for its accountants professional liability...
Jun 22 2012 // Impending changes in UK laws governing claims for Employers Liability (EL) and Public Liability (PL) should be a priority membersof the UK’s Managing General Agents’ Association were told at a recent briefing...
Jun 21 2012 // Montana State Prison inmate files suit for $2.2 million in federal court after he injures a toe when his foot got caught in a grain auger at the prison dairy.A Howard County, Indiana, inmate files a lawsuit claiming the...