Most Popular Professional Liability Headlines This Year
The most viewed headlines from our Professional Liability Topic Page over the last year.
#1 Workers’ Compensation Undercuts Employer Liability Exclusion, U.S. Appeals Court Rules
Jul 11 2023 // Since workers’ compensation shields an employer from liability, an insurer may not be able to rely on an employer liability exclusion in a commercial general liability policy to avoid claims. That’s the...
#2 Underwriters’ Dilemma: Is AI a Cyber or Tech E&O Risk?
Mar 19 2024 // When it comes to artificial intelligence, more questions than answers keep underwriters from venturing into the space and lead to a lack of clarity, according to panelists at The Professional Liability Underwriting...
#3 Travelers Wins CGL v. E&O Battle in Insurance Agency Defamation Case
Dec 8 2023 // Travelers Casualty Insurance Co. did not owe a duty to defend or indemnify its insured, CBIZ Borden-Perlman Insurance Agency, Inc., in a tort action in which Republic, as another insurer of B-P, bore the litigation and...
#4 E&O Claim Frequency Is Increasing
Jul 17 2023 // Through my recent discussions with clients and carriers, it is clear to me that agencies are incurring substantially more errors and omissions (E&O) claims. A significant difference exists between the number of claims...
#5 Skyrocketing Bodily Injury Claims Spill Over to Professional Liability Insurance Market
Sep 4 2023 // Claims frequency and severity are up across the industry, thanks in large part to social inflation, which has led to an increase in litigation and more costly settlements. Fueled primarily by aggressive tactics by...
#6 Survey: Most Architects and Engineers Professional Liability Rates to Rise
Apr 1 2024 // Most insurers plan to increase architects and engineers (A&E) professional liability insurance rates for a third consecutive year, according to a new survey by Ames & Gough. The specialty insurance broker reported...
#7 People Moves: Chubb Names Scheffler COO of Personal Risk Services; AXIS Appoints Morley Head of US E&O
Apr 19 2024 // Chubb said it has promoted Melissa Scheffler to chief operating officer of Personal Risk Services (PRS). Currently, Scheffler serves as regional executive officer for the Mid-Atlantic region. In a corresponding move, Bryce...
#8 An Origin Story: The History of the Professional Liability Underwriting Society
May 3 2024 // The Professional Liability Underwriting Society (PLUS), as it exists today, does not have a written narrative or any acknowledgment on its website about how the organization was created, the timeline, the individuals...
#9 People Moves: Sompo Int’l Taps Generali’s Conde-Salazar for Distribution & Client Relationships, AIG’s Marcén to Lead Professional Lines in Iberia
Oct 23 2023 // Sompo Int’l Taps Generali’s Conde-Salazar for Distribution & Client Relationships, AIG’s Marcén for Professional Lines in Iberia Jose Maria Conde Salazar Sompo International announced two...
#10 Underwriters’ Dilemma: Is AI a Cyber or Tech E&O Risk?
Apr 1 2024 // When it comes to artificial intelligence, more questions than answers keep underwriters from venturing into the space and lead to a lack of clarity, according to panelists at The Professional Liability Underwriting...
#11 Report: Medical Professional Liability Headwinds Continue Despite Improvement in 2022
Jun 2 2023 // A recent report by the Medical Professional Liability Association shows the medical professional liability insurance sector’s combined ratio improved from 108.1% in 2021 to 102.2% in 2022 – marking the...
#12 Agency E&O Webinar: Panelists Discuss Changing Exposures, AI & More
Dec 13 2023 // While today’s insurance agency errors and omissions market remains mostly stable, emerging exposures, cyber risk, natural disasters and more could shape its course ahead. Insurance Journal gathered three experts to...
#13 People Moves: Burns & Wilcox Names Wood Head of Professional Liability Practice; Ryan Specialty Promotes Jankovic to Chief Audit and SOX Officer
Feb 6 2024 // Burns & Wilcox Names Wood Head of Professional Liability Practice Burns & Wilcox, headquartered in Farmington Hills, Mich., hired Andy Wood as vice president and practice group leader, professional liability. Most...
#14 Changing Risks Shape the Future of Agency E&O: Webinar
Jan 22 2024 // While today’s insurance agency errors and omissions (E&O) market remains mostly stable, emerging exposures, cyber risk, natural disasters and more could shape its course ahead. That’s according to experts...
#15 People Moves: Prime Names Schlueter SVP, Healthcare Professional Liability; Alliant Adds Hansen to Minneapolis Benefits Team
Oct 19 2023 // Prime Insurance Company Names Schlueter SVP, Healthcare Professional Liability Prime Insurance Company, headquartered in Chicago, Ill., named Bart Schlueter as senior vice president and head of healthcare professional...
#16 Agency E&O Buyers Report Fewer Price Hikes But Overall Premiums Still Up
Nov 6 2023 // Fewer agencies reported increases in premium on their agency errors and omissions renewal policies from 2022 to 2023, according to Insurance Journal’s annual Agency E&O survey which polls buyers of the coverage...
#17 Markets/Coverages: AmTrust Introduces Admitted Lawyers Professional Liability
Sep 21 2023 // Global specialty P/C insurer AmTrust Financial Services introduced a new admitted lawyers professional liability policy from AmTrust PRO for mid-sized law firms. “In today’s competitive and complex legal...
#18 Markets/Coverages: AXA XL’s Bermuda Professional Lines Team Enhances D&O Policy
Apr 11 2024 // AXA XL’s Bermuda Professional Lines Team has launched a new lead difference-in-conditions (DIC) directors and officers liability policy. “AXA XL is one of the largest D&O insurers in the North American...
#19 People Moves: Lockton Adds IP Experts Sandler and Taylor; Byrne Hired at Cowbell as VP Tech E&O Underwriting
May 25 2023 // Lockton Adds Intellectual Property Experts to Transaction Liability Practice Lockton has hired Jason Sandler and Craig Taylor to its intangible asset and contingent liability practice, a division within its broader...
#20 Markets/Coverages: Upland Starts Pro Liability E&O, Excess Cyber
Feb 7 2024 // Upland Capital Group said it has introduced two new liability products to its portfolio: Professional Liability Errors and Omissions as well as Excess Cyber Liability. The professional liability team is led by Kate Walas,...
