Latest Professional Liability Headlines

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

Liability Insurers Report Rise in Claims Against Architects and Engineers

Mar 24 2020 // Increased billings by architecture and engineering firms generated bigger professional liability premiums in 2019 but also led to the first upswing in claims activity in several years, Ames & Gough said in a report.The...

New Embroker Business Owners Policy (BOP) Targets SMEs

Mar 11 2020 // Embroker, Inc., a digital insurance broker, has partnered with CNA to provide a customized business owners policy (BOP) coverage to its business clients.Embroker is a technology platform that digitizes all aspects of the...

Board Finalizes Rule Scaling Back Joint Employer Liability for Franchisees, Contractors

Mar 9 2020 // A U.S. labor board finalized a rule that will make it more difficult to hold companies liable for unlawful labor practices by franchisees and contractors, reversing a more worker-friendly Obama-era standard criticized by...

Board Finalizes Rule Scaling Back Joint Employer Liability for Franchisees, Contractors

Feb 25 2020 // A U.S. labor board on Tuesday finalized a rule that will make it more difficult to hold companies liable for unlawful labor practices by franchisees and contractors, reversing a more worker-friendly Obama-era standard...

ProAssurance Looks to Acquire NORCAL in $450M Deal

Feb 21 2020 // Healthcare liability insurer ProAssurance Corp. has agreed to acquire medical professional liability insurer NORCAL Mutual Insurance Co. following NORCAL’s demutualization in a $450 million transaction.Based on...

Sompo Global Risk Solutions Launches Product for Life Sciences Industry

Feb 11 2020 // Sompo Global Risk Solutions has introduced Sompo Life Science Plus, a products-completed operations and errors and omission liability protection product built for the life sciences industry.The new product offers coverage...

What About Your Exposure?

Feb 10 2020 // As an insurance agent or broker, you have, above all else, a singular mission: to make certain insureds are adequately covered against exposure to loss or, at the very least, to help clients understand their liabilities...

Everest Offers Small Law Firm Liability Program Via Digital Broker Embroker

Jan 29 2020 // Everest Insurance has joined with digital broker Embroker to provide an online lawyers’ professional liability program for law firms with up to 10 employed attorneys.Through Embroker’s digitized platform,...

Norman-Spencer Hires Blanco as Senior Account Director on Real Estate Team

Jan 27 2020 // Norman-Spencer, a Dayton, Ohio-based property and casualty program administrator and wholesale brokerage, has hired Michele Blanco as senior account director on its Real Estate team. Blanco is based in Maryland.Blanco...

What About Your Exposure?

Jan 27 2020 // As an insurance agent or broker, you have, above all else, a singular mission: to make certain insureds are adequately covered against exposure to loss or, at the very least, to help clients understand their liabilities...

State of Insurance Agency E&O Insurance Market: Managing Rates and Risks

Jan 23 2020 // Agency errors and omissions (E&O) coverage is likely the most important insurance policy an agency purchases. As customer demands rise to an all-time high, having the right E&O coverage and ensuring best practices...

Ohio’s Norman-Spencer Adds Blanco to Real Estate Team

Jan 21 2020 // Dayton, Ohio-based property/casualty program administrator and wholesale brokerage, Norman-Spencer, has added Michele Blanco as senior account director on its real estate team. Blanco brings over 20 years of experience as...

Trump Administration Issues New Rule on Joint Employer Liability

Jan 13 2020 // The Trump Administration announced a final rule setting forth standards for determining joint employer status under the Fair Labor Standards Act (FLSA), a rule that has been sought by franchisers and companies that employ...

Big I Education Director Boggs Takes on Expanded Role in Risk Management

Jan 8 2020 // Chris Boggs, executive director of education for the Independent Insurance Agents and Brokers of America (Big I), is adding risk management to his title and responsibilities.Boggs’s new role combines his current...

Insurance Market Shrinking as Senior Living Industry Grows

Jan 6 2020 // The senior population continues growing at a time when the insurance market for senior living operations is under strain and both trends are expected to continue.The population of Americans over age 80 will double, from 6...

12 New Year’s Resolutions for Insurance Agents

Dec 31 2019 // During the course of a year, Insurance Journal columnists, consultants and other writers dispense countless words of wisdom on how to be a better and more successful professional insurance agent. If you are a veteran...

Ascot Appoints Walter as Executive VP and Head of Cyber & Commercial E&O

Dec 20 2019 // Ascot has appointed Drew Walter as executive vice president and head of Cyber & Commercial E&O. Also joining the team are Tracy O’Hara, Abigail Oliver, Greg Garijanian and Ben Mancuso. Based in New York,...

Mass. High Court Upholds Consent-to-Settle Clause in Malpractice Policy

Dec 20 2019 // Massachusetts’ highest court on Monday rejected arguments that consent-to-settle clauses in professional malpractice insurance policies violate public policy.The Supreme Judicial Court sided with CNA subsidiary...

McDonald’s Wins Battle With Labor, Avoids Joint Employer Liability with Franchises

Dec 13 2019 // McDonald’s Corp. has won a huge victory in a multiyear legal battle over whether it should share responsibility for alleged labor violations in its franchisees’ restaurants, a case that posed a major threat to...

Argo Group Hires QBE’s Grange to Join U.S. Leadership Under New Structure

Dec 3 2019 // Specialty insurer Argo Group International Holdings has named Jeff Grange to serve as an executive vice president for U.S. operations. In this role, Grange will lead the following businesses: Argo Casualty, Argo Pro, Argo...