All the headlines from our Professional Liability Topic Page, ordered by recency.
Jul 7 2008 // NSM Insurance Group, based in Conshohocken, Pa., has acquired a new specialty underwriting group focused on professional liability coverage targeting property and casualty insurance agencies. This new group will include...
Jun 30 2008 // Bermuda-based Allied World Assurance Co., Ltd. has agreed to acquire Connecticut-based Darwin Professional Underwriters, Inc.Darwin offers specialty and primary professional lines coverages, which include health care...
Jun 27 2008 // Cayman Islands-based United America Indemnity has appointed Brian DeGraw as vice president of professional liability for Diamond State Group, one of three divisions of its U.S. operations.DeGraw will report directly to...
Jun 16 2008 // A bulletin from Marsh’s London office warns that the economic downturn in the US and many parts of Europe, caused by the contraction of readily available credit in some spheres, may well increase the incidence of...
Jun 16 2008 // PeopleDallas-based Colemont Insurance Brokers promoted Su Young to vice president in Colemont’s Texas office. Young joined Colemont in 2001 as part of the Texas financial services team and is located in Houston. She...
Jun 2 2008 // The Supreme Court of Arizona ruled that an insurance agent’s clients may assert claims for professional negligence against the client and may assign such claims to third parties.According to D. Jere’ Webb v....
Jun 1 2008 // Monarch E&S Insurance Services is offering an accountants professional liability program in California. Policy coverage features include first dollar defense; personal injury; additonal claims expense limit; aggregate...
May 23 2008 // Miami-based Howden, specialist liability broker and part of the global insurance group Hyperion, launched a new wholesale brokerage division. Howden Broking Group’s Miami office will offer brokers a global network of...
May 13 2008 // An Aon Corp. analysis of liability in the long term care industry found for the first time in nine years of reporting that liability costs are stable on a national average basis.The study found that average general...
May 5 2008 // Medicus Insurance Co. named Eugenie Shea is president and chief operating officer. She will also serve as executive vice president of the parent company, Medicus Insurance Holdings Inc. Additionally, Sheldon Davidow has...
May 5 2008 // Patrick G. Ryan, founder and executive chairman Aon Corp., said he intends to retire Aug. 1, 2008. Ryan said the firm’s transition to a new management team under CEO Greg Case is complete.Ryan founded Aon, which has...
May 2 2008 // Eugenie Shea joined Austin, Texas-based medical liability insurer Medicus Insurance Company as president and chief operating officer. In addition to her responsibilities as president and COO, Shea will also serve as...
Apr 25 2008 // U.S. medical liability insurers anticipate their primary rate levels to decrease in 2008, compared with 2007, while the average frequency and severity of claims sustained by their firms will remain about the same as last...
Apr 21 2008 // Agency Specialty Product Network, a unit of Aon Corp., has named five new regional vice presidents.Rob Romano will head the Northeast Region, which comprises Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island,...
Apr 21 2008 // The Main Street America Group board of directors promoted two and appointed two to officer-level positions.The Jacksonville, Fla.-based company promoted John Thompson to vice president, operational controller and Dean...
Apr 21 2008 // Certificates — not again. Haven’t we heard enough about this topic?Apparently not. Certificates are issued for all sorts of insureds, but contracting risk is the most dangerous of them all. Why does the contractor...
Apr 21 2008 // Tort reform efforts seem to be working, frequency of claims for medical liability is going down, surplus is up and reinsurance capital is available — and, yes, it is a soft market. Those comments reflect the...
Apr 21 2008 // Health care facility professional liability has faced new challenges due to recent tort reform efforts, the soft market and a changing perception of how hospitals, the public, insurers and attorneys...
Apr 9 2008 // New York-based Valiant Insurance Group Inc. has hired James E. Bradley as vice president in charge of Valiant’s Lawyer’s Professional Liability Insurance program for small-size firms.Bradley, who will be based...
Apr 7 2008 // From the vantage point of early 2008, insurers writing directors and officers coverage can look back on the prior year and developments at what may prove to be a transitional period in terms of the frequency, type and...