All the headlines from our Professional Liability Topic Page, ordered by recency.
Jul 6 2009 // A professional liability policy does not cover legal fees for patent infringement lawsuits brought by a competing company, a Pennsylvania appeals court has ruled.The ruling comes in response to a suit brought by TransCore,...
Jul 6 2009 // Jeffrey A. Vanderpool has been promoted to senior vice president and chief claims officer at Sunshine State Insurance Co. in St. Augustine, Fla. Vanderpool has served as vice president of caims since he joined the insurer...
Jul 6 2009 // Risk managers, insurance agents and brokers have always known that a Symbol 7 on auto liability policies is not very desirable. This symbol essentially means that only the autos scheduled on the policy are covered. If the...
Jun 25 2009 // To start off, what exactly is a workers’ compensation group trust? Per the New York State Insurance Department Web site, it is:[A] group of employers who perform related activities in an industry who agree to be...
Jun 25 2009 // A professional liability policy does not cover legal fees for patent infringement lawsuits brought by a competing company, a Pennsylvania appeals court has ruled.The ruling comes in response to a suit brought by Transcore,...
Jun 22 2009 // The California Legislature is scheduled to hear at least two bills this week pertaining to insurance. SB 39 Torts: Personal Liability Immunity would clarify that disaster service workers who perform disaster services...
Jun 18 2009 // Florida Gov. Charlie Crist has signed into law a bill that amends the rules for reporting of professional liability claims by insurers and health care providers.The bill (SB 2252) also defines when a claim exists and sets...
Jun 18 2009 // A.M. Best Co. has upgraded the financial strength rating (FSR) to ‘A’ (Excellent) from ‘A’ (Excellent) and issuer credit ratings (ICR) to “a” from “a-” of ProAssurance Group...
Jun 17 2009 // Massachusetts-based benefits firm The Bostonian Group has formed a property/casualty risk management practice group called Bostonian Solutions Property & Casualty.The firm said its risk management practice will...
Jun 16 2009 // International specialty insurer Catlin Group Ltd. has named Dan Kumpf as director of Professional Lines.Kumpf, who will be based in Philadelphia, will oversee the design, environmental and construction professional...
Jun 8 2009 // Markel Corp. introduced a new policy form for information technology professionals.The new InfoPro policy includes: — Professional liability coverage that automatically applies to broadly defined technology services,...
May 28 2009 // Catastrophic events, the economy and changes in reinsurance capacity have the greatest impact on the availability and pricing of specialty lines coverage in 2009, according to professionals in the surplus lines...
May 21 2009 // Hiscox, an international specialist insurer, opened an office in Miami in an effort to further expand its U.S. operations. The Miami office, which is located in the heart of the Brickell area, will serve as an on the...
May 18 2009 // Use your agency management system to the max. Measure your productivity. Communicate consistently and effectively with your staff, customers and carriers. And above all, don’t get cheap when it comes to the...
May 18 2009 // To start off, what exactly is a workers’ compensation group trust? Per the New York State Insurance Department Web site, it is:[A] group of employers who perform related activities in an industry who agree to be...
May 13 2009 // Florida-based national broker USG Insurance Services announced an in-house binding authority program for Miscellaneous Errors & Omissions products. Coverage will be offered on a claims made basis. Targeted classes...
Apr 20 2009 // Medical malpractice liability insurance policies, like most professional liability insurance policies, are typically “claims-made” policies. While there are variations, claims-made policies generally provide...
Apr 20 2009 // Medical malpractice liability insurance policies, like most professional liability policies, are typically “claims-made” policies. Claims-made policies generally provide coverage only for those claims that are...
Apr 20 2009 // Thoits Insurance of San Jose, Calif., promoted Paul Saich to CEO. Saich replaces Don Way, who had been with Thoits for 44 years, and will remain as chairman of the board. Saich joined Thoits Insurance in 1996 and most...
Apr 20 2009 // Use your agency management system to the max. Measure your productivity. Communicate consistently and effectively with your staff, customers and carriers. And above all, don’t cheap out on the training.Do those...