Latest Professional Liability Headlines

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

StoneHill Reinsurance Partners Formed in Minnesota

Jun 18 2012 // Dan Koshiol, a 15-year veteran of major reinsurance brokerage firms, announced the formation of StoneHill Reinsurance Partners LLC. The company is based in Bloomington, Minn.Koshiol serves as president and chief executive...

E&O Insights: Why Businesses Need Umbrella Protection

Jun 18 2012 // Umbrellas are apparently not as simple as many would like to believe because various issues involving umbrellas cause more than their fair share of errors and omissions claims. Due to the nature of umbrella coverage, the...

Web Exchange

Jun 18 2012 // U.S. companies face many exposures around the globe. Increasingly, they are traced to a crackdown against corporate bribery. Ann Longmore is an executive vice president of Willis and an expert in foreign exposures for U.S....

Professional Liability Exposures Evolve with Changing Healthcare Environment

Jun 18 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...

Mitchell to Head Willis’ FINEX Asia-Pacific Unit in Expanding Market

Jun 14 2012 // “As companies continue to expand within the Asia Pacific region and beyond its borders, they are becoming increasingly exposed to risks such as Directors and Officer’s (D&O), Cyber and Professional...

Burand’s Agency E&O Blog: Tip #3

Jun 13 2012 // Insurance agency errors and omissions (E&O) situations and solutions from consultant Chris Burand.Tip #3 Do you follow-up in writing when your insurance proposal is rejected? The failure to take this step can result in...

Ganne Joins Burns & Wilcox of Dallas

Jun 6 2012 // Burns & Wilcox of Dallas/Fort Worth announced that Ashley Ganne has joined the company as a broker.Ganne brings a wealth of professional liability knowledge to Burns & Wilcox and specializes in technology-based...

Burand’s Agency E&O Blog: Tip #2

Jun 6 2012 // Insurance agency errors and omissions (E&O) situations and solutions from consultant Chris Burand.Tip #2 Always use a coverage analysis checklist on new and renewal business! When was the last time you went to the...

Behind Bars: The Business of Insuring Correctional Facilities

Jun 4 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...

Professional Liability Risks Evolve with Changes in Healthcare System

Jun 1 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...

Consultant Burand Launches Agency E&O Blog on InsuranceJournal.com

May 30 2012 // Insurance agency consultant Chris Burand is launching a new blog on insurance agency errors and omissions (E&O) issues on InsuranceJournal.comIn Burand’s Agency E&O Blog, the consultant will share E&O...

Burand’s Agency E&O Blog: Tip #1

May 30 2012 // Insurance agency errors and omissions (E&O) situations and solutions from consultant Chris Burand.Tip #1 When was the last time you checked to make certain your producers and agency staff were using current and...

E&O Insights: Why Workers’ Compensation Leads in E&O Claims

May 21 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...

How Young Insurance Agents Are Changing the Industry

May 17 2012 // There’s a change happening — a big change. And some say young independent insurance agents are the catalyst for that change. They may even be leading a revolution, of sorts, says one young agent leader.Jason D....

Kaufman Financial Group Names Derigiotis Director at R.B. Jones

May 10 2012 // Kaufman Financial Group, based in Farmington Hills, Mich., appointed David Derigiotis to a director position at its wholly owned subsidiary, R.B. Jones Inc.Derigiotis joined Burns & Wilcox, Kaufman Financial...

New Ventures Ready, Waiting for Market to Turn

May 7 2012 // The time appears to be right for new ventures including program managers, wholesaler brokers and retail agencies despite uncertainty with the economy and insurance market.Why are these companies starting these endeavors...

Protective Specialty Launches Allied Health Medical Professional Liability Product

May 4 2012 // Protective Specialty Insurance Co. will now offer an allied health medical professional liability product. It is designed for both entities and individuals in more than 250 subclasses. In addition to customized insurance...

ACE USA Enhances Hospice Insurance Products

Apr 27 2012 // ACE USA’s ACE Medical Risk Division now offers an endorsement for hospice care eligibility requirements. This new enhanced hospice care eligibility recertification endorsement serves as an amendment to ACE’s...

ThinkRisk and OneBeacon Announce [in]FUSE – Insurance Agents & Brokers Professional Liability Protection

Apr 27 2012 // Chicago, IL, 04/27/12 – ThinkRisk Underwriting Agency, LLC and OneBeacon Professional Insurance join forces to announce the launch of a new Professional Liability Policy for Insurance Agents & Brokers. The...

ACE USA, RPS Healthcare Expand E&O Coverage for Podiatrists

Apr 16 2012 // ACE USA’s ACE Medical Risk Division now offers increased reimbursement limits for legal expenses incurred because of an action by a federal or state agency arising from a podiatrist’s participation in the...