Latest Professional Liability Headlines

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

Anderson Benson of Tenn. Appointed Lloyd’s Coverholder for Media Liability E&O Program

May 20 2021 // Anderson Benson, a Nashville-based independent insurance and risk management broker, has been appointed as a coverholder by Lloyd’s of London for a worldwide media liability errors and omissions (E&O) program...

Medical Professional Liability Market Facing Difficult Times

May 13 2021 // Despite a slight improvement in net income in 2020, U.S. medical professional liability (MPL) insurers saw their sixth consecutive year of underwriting losses, according to a new AM Best report.According to the new...

First Indemnity to Offer Excess Professional Liability Coverage for Law Firms

May 12 2021 // First Indemnity Insurance Group, a specialty insurance agency providing professional liability products for lawyers and law firms, has launched Excess Protect insurance coverage for law firms of one to 750 attorneys.Excess...

Core Specialty, DUAL to Offer Primary, Excess Professional Liability Coverage

May 4 2021 // Core Specialty Insurance Holdings, Inc. and its subsidiaries has formed an underwriting arrangement with DUAL Commercial, LLC to provide primary and excess professional liability limits for qualified classes of business....

Houston’s Skyward Specialty Launches Healthcare Professional Liability Group

Apr 28 2021 // Houston-based Skyward Specialty Insurance Group Inc. (Skyward Specialty) has launched its Healthcare Professional Liability practice led by Brenda Craig, April Gilcreast and Chantelle Burton.Underwriting will focus on...

Are Brokers in for a Tsunami of Pandemic- Related E&O Claims in 2021?

Apr 27 2021 // This post is part of a series sponsored by Worldwide Facilities, an Amwins Company. In November 2020, attendees of the Professional Liability Underwriting Society’s first-ever virtual conference warned insurance...

360 Coverage Pros Launches Tax Preparer Professional Liability Program

Mar 31 2021 // 360 Coverage Pros has launched a professional liability insurance program for tax preparers with an online application.The program features liability limits of up to $1 million and is designed for professionals providing...

Errors & Omissions and An Agency’s Value Proposition

Mar 22 2021 // When you go to an errors and omissions (E&O) education program, inevitably, the message contains something like this: “Do not advise that you are a professional or a specialist or otherwise create higher...

E&O-Cyber Incidents Worsened in 2020: Aon

Mar 10 2021 // Aon’s first ever Errors & Omissions/cyber insurance product snapshot presents a pretty dire picture of worsening conditions.There were on average three new E&O cyber matters per business day in 2020, a...

Larry Goanos’ New Book ‘Professional Lines Insurance: An Oral History’ Accounts the Real-World Workings of the Professional Lines Insurance Market

Feb 23 2021 // San Diego, CA (February 23, 2021) – Insurance Journal’s Academy of Insurance today announced the release of “Professional Lines Insurance: An Oral History: The People and Companies that Built a...

Big I Advantage Promotes Juratovic to Assistant Vice President for E&O

Feb 22 2021 // The Big “I” announced that Amanda H. Juratovic has been promoted to assistant vice president of errors & omissions operations at Big I Advantage. Juratovic will lead the Big “I” Professional...

E&O Risks to Agents Extend to Cyber

Feb 22 2021 // Agents are bracing for errors and omissions (E&O) claims stemming from the pandemic when insureds discover they carry inadequate coverage or none at all. Regrettably, agents likely face a similar scenario in cyber...

Berkshire Hathaway Specialty Names 3 Regional Executives for Professional Lines

Feb 18 2021 // Berkshire Hathaway Specialty Insurance (BHSI) has expanded its U.S. Executive & Professional Lines leadership team, naming Shelley Norman as senior vice president, Management Liability, Central region, and promoting...

CFC Enhances E&O Policy for Design, Construction Contractors

Feb 10 2021 // CFC has upgraded its errors and omissions policy for US-based design and construction contractors to include costs for steps taken by the contractor to mitigate against a potential claim where work was not rectified, and...

2021: The Year of Insurance Agency E&O Lawsuits

Feb 8 2021 // Insurance agents and brokers should prepare for a big agency errors and omissions (E&O) litigation wave to crash their shores in 2021.Agency E&O claims are a lagging indicator, meaning plaintiffs typically only go...

What the Recessionary Environment Means for E&O Exposures

Feb 8 2021 // 2020 was a year of disruption, change and challenges. Businesses were forced as never before to adapt in order to survive. With these changes, many businesses took on new exposures that potentially threaten their...

Attune to Offer General, Professional Liability Products Through Hiscox

Jan 22 2021 // Attune Insurance Services, LLC has launched general liability and professional liability products with Hiscox serving as the carrier.The Attune and Hiscox partnership adds over 180 new classes and two admitted products to...

2020 Could Make 2021 the Year of Insurance Agency E&O Lawsuits

Jan 21 2021 // Insurance agents and brokers should prepare for a big agency errors and omissions (E&O) litigation wave to crash their shores in 2021.Agency E&O claims are a lagging indicator, meaning plaintiffs typically only go...

Cannabis Broker Spotlight: Sherman with PSA Saw Cannabis as Natural Step from Professional Liability

Jan 7 2021 // Editor’s note: This part of a series of profiles on cannabis brokers, in which Insurance Journal explores why and how these folks got into the business, the ups and downs of insuring cannabis, as well as a few tips...

Hudson Gains Professional Lines Renewal Rights, Experienced Team from Validus

Jan 7 2021 // Hudson Insurance Group has completed a business transfer agreement with Validus Specialty Underwriting Services for the renewal rights transfer of a select portfolio of Miscellaneous Professional Liability, Financial...