Latest Professional Liability Headlines

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

Allianz Adds 3 From Argo to Cyber Insurance Team

Sep 30 2020 // Allianz Global Corporate & Specialty (AGCS) has made several hires to strengthen its cyber insurance underwriting team: Tresa Stephens as regional product leader; Josh Navarro, executive underwriter; and Ed Lee,...

Agents Warned of ‘Creative’ Attorneys, Virus Lawsuits

Sep 30 2020 // Agents and brokers should be on alert that plaintiffs’ attorneys in COVID-19 related business interruption claims lawsuits may be eyeing them as more cases against insurance companies begin to fail and claimants...

Berkshire Hathaway Guard Expands Professional Liability Products Into Multiple States

Sep 24 2020 // Berkshire Hathaway GUARD Insurance Companies has further expanded its professional liability products including coverage for lawyers, architects and engineers, accountants, as well as nearly 100 other classes of...

Insurance for ‘Human’ Professionals

Sep 21 2020 // Professional liability insurance is a complex and interesting concept. As insurance professionals, or practitioners if you prefer, we are used to the concepts and terms of several different liability policies. We...

Agents Warned of ‘Creative’ Attorneys and COVID-19 Lawsuits

Sep 21 2020 // Agents and brokers should be on alert that plaintiffs’ attorneys in COVID-19 related business interruption claims lawsuits may be eyeing them as more cases against insurance companies begin to fail and claimants...

Trump Labor Rule That Narrows ‘Joint Employer’ Standard Struck Down by Judge

Sep 9 2020 // A federal judge on Tuesday struck down a Trump administration rule that narrowed the definition of “joint employer,” and which the attorneys general of 17 states and Washington, D.C. said would eliminate...

Defendants in Separate COVID-19 Business Interruption Suits Score Wins in Texas Courts

Sep 7 2020 // Rulings in two lawsuits originating in Texas over business income losses related to the COVID-19 pandemic were handed down in August in favor of insurance firms.In one, an insurance agency was added to a restaurant...

Texas Insurance Agency Released from Suit by Restaurant Group Over Virus Losses

Aug 21 2020 // A federal judge in Texas has dismissed an independent insurance agency from a lawsuit brought by a Dallas restaurant group seeking reimbursement for business income losses stemming from the civil authority enforced...

Beazley Builds in Midwest with 4 Cyber and Executive Risk Underwriters

Aug 7 2020 // Specialist insurer Beazley has appointed four new underwriters within its Chicago, Ill.-based cyber and executive risk division.Jon Perry and Megan Feyereisen join as executive risk underwriters, while Brett Kreiter and...

Berkshire Hathaway GUARD Offers Accountants Professional Liability in Pennsylvania

Jul 27 2020 // Berkshire Hathaway GUARD Insurance Companies recently announced it added Pennsylvania to the list of states where the insurer offers its Accountants Professional Liability product.In 2016, it began writing Professional...

Insurers Exploring ‘New World’ of Police Officer Professional Liability

Jul 24 2020 // U.S. insurers and brokers are starting to craft professional liability coverage for police officers, spurred on by signs that policymakers in some cities and states want to use a financial stick to curb police...

Chubb Promotes 2 in Leadership Changes at Westchester and Financial Lines Businesses

Jul 22 2020 // Global insurer Chubb announced that Scott Meyer will succeed retiring Bruce Kessler as senior vice president, Chubb Group and division president of Westchester, the company’s wholesale and excess and surplus lines...

BHSI Names Amandi from Allianz as Head of Financial Institutions in Germany

Jul 21 2020 // Berkshire Hathaway Specialty Insurance (BHSI) announced that it has named Dr. Frank Amandi as head of Financial Institutions, for Executive and Professional Lines in Germany.Amandi has more than 20 years of experience...

Are You Really Interested in Learning to Do Your Job Better?

Jul 20 2020 // One of my favorite books and movies is The Milagro Beanfield War. It takes place in the ’70s in a small, poverty stricken, dirt street northern New Mexico village. It’s close to a third world village, and into...

Axis Adds Swiss Re, NAS and Hiscox Veterans to U.S. Cyber Insurance Team

Jul 14 2020 // Specialty insurer AXIS Insurance announced the hiring of three experienced underwriters to its U.S. Cyber and Technology team.Peter Smith will join AXIS as underwriting manager, while and Emma Werth and Jessica Currier...

Munich Re Specialty Releases MPL Policy for Non-Specialist Businesses

Jul 10 2020 // Munich Re Specialty Insurance (MRSI) has released a miscellaneous professional liability product for non-specialist, commercial businesses.Miscellaneous professional liability (MPL) coverage provides liability and defense...

QBE NA Names Lessman Head of Professional Lines and Industry Verticals

Jul 8 2020 // QBE North America has Toria Lessman as senior vice president, head of Professional Lines and Industry Verticals. She is based in Chicago.Lessman had most recently been serving as head of Transactional Liability, one of the...

The Next Wave of COVID: Agency E&O?

Jul 6 2020 // As many states keep watch for the “next wave” of COVID-19 infections, the insurance industry is keeping watch for the “next wave” of potential claims that could be directed at independent agents.In...

Do Police Officers Need to Buy Professional Liability?

Jul 6 2020 // Law enforcement practices and reform have been on the minds of many city government leaders in recent weeks. Some groups are advocating that police officers carry professional liability insurance.Let’s examine this...

Do Police Officers Need to Buy Professional Liability?

Jun 24 2020 // I read an interesting article today on Insurance Journal (of course) about plans to reform law enforcement in Minneapolis. What interested me the most was that some groups were advocating making police officers carry...