All the headlines from our Professional Liability Topic Page, ordered by recency.
Feb 9 2012 // Agents and brokers have three new options for technology risks from Liberty International Underwriters (LIU).The specialty lines division of Liberty Mutual Insurance has started offering a trio of new primary cyber...
Feb 6 2012 // Although it comprises just over 2 percent of annual direct premiums for the U.S. property/casualty insurance industry, the medical professional liability (MPL) insurance business is integral to the U.S. healthcare system,...
Feb 6 2012 // From time to time, an account is moved from one form of insurance to another. The scenario could involve moving from a claims-made form to an occurrence form, or vice versa. Other scenarios could involve moving from a...
Feb 6 2012 // Now more than ever, the insurance professional’s ability to create a proactive risk management plan for clients is crucial to success. Insurance professionals handle many types of insurance policies. In fact,...
Feb 6 2012 // During the winter I was traveling in the snowy Northeast calling on agents. Between appointments, I passed a local hardware store that prominently displayed on outdoor signage “Road Salt” and a price per...
Jan 31 2012 // The Independent Agents & Brokers of America (IIABA) Big “I” Professional Liability Program and Swiss Re Corporate Solutions have launched a new risk management website.The “E&O Happens”...
Jan 30 2012 // Chubb Corporation said its commercial insurance renewal rates were up 6 percent in the 2011 fourth quarter, as the pace of renewal rate increases continues to accelerate. Chubb also said it secured renewal rate hikes in...
Jan 27 2012 // The Chubb Corporation reported fourth-quarter net income of $452 million, down 27 percent from $620 million net income reported during the same period one year ago.The Warren, N.J.-based insurer said the results were hurt...
Jan 23 2012 // Powered by InsuranceJournal.tv The soft market is turning, perhaps not dramatically but it is turning, says Jerry Sullivan, chairman, The Sullivan Group, in Los Angeles. If carriers decide they must raise prices, will...
Jan 23 2012 // Employment practices liability insurance (EPLI) has been around since the early 1990s, mostly due to the passage of the 1991 amendments to the Civil Rights Act. Some of the latest information noted on various websites puts...
Jan 23 2012 // Although it comprises just over 2 percent of annual direct premiums for the U.S. property and casualty insurance industry, the medical professional liability (MPL) insurance business is integral to the U.S. healthcare...
Jan 20 2012 // Rye Brook, N.Y.-based specialty insurer The Navigators Group said this week that its principal underwriting agency subsidiary, Navigators Management Company, expanded its Navigators Re division by launching a professional...
Jan 12 2012 // The American Association of Orthodontists Insurance Co. (AAOIC) has added five enhancements to its professional liability insurance plan for members of the association.The enhancements will be automatically offered to all...
Jan 11 2012 // Philadelphia Insurance Companies announced three promotions: Sean Sweeney to president and chief operating officer; Robert O’Leary to executive vice president and chief marketing officer; and John Glomb to executive...
Jan 9 2012 // Starr Companies appointed Ed Navarro as head of international insurance operations. Navarro will drive Starr’s expansion for areas outside of the U.S. He’s been serving as global head of accident and health...
Jan 6 2012 // Short Hills, N.J.-based insurance broker Bollinger acquired Argent Professional Insurance Agency in Warren, N.J.Bollinger said the acquisition would help bolster its professional liability insurance brokerage business....
Jan 5 2012 // Medical Protective Co. (MedPro), a medical professional liability insurance unit of Berkshire Hathaway, announced this week the completion of its acquisition of Princeton Insurance Co.Princeton Insurance is a New...
Jan 3 2012 // Although it comprises just over two percent of annual direct premiums for the U.S. property and casualty insurance industry, the medical professional liability (MPL) insurance business is integral to the U.S. healthcare...
Jan 3 2012 // Victor O. Schinnerer has created a new errors and omissions product for artisan contractors that includes coverage for faulty workmanship.“We want to offer our artisan contractor policyholders an insurance solution...
Dec 30 2011 // As the end of 2011 approaches, this is a good time to reflect upon what went well and what didn’t during the year — as well as what changes you should make in 2012. Here are a few errors and omissions (E&O)...