Commercial brokers and agents as well as risk managers selected Chubb as a top insurer when it comes to claims handling satisfaction in North America for property, management and professional liability, cyber and primary casualty coverages, according to the recently released Advisen Claims Satisfaction Survey. Advisen is an industry-leading provider of insurance data, media and… Continue reading Industry Claim Satisfaction Survey Ranks Chubb as Preferred Insurer for Claims Handling
Tag: professional liability insurance
Hospitals Give Tech Giants Access to Detailed Medical Records
Hospitals have granted Microsoft Corp., International Business Machines Corp. and Amazon.com Inc. the ability to access identifiable patient information under deals to crunch millions of health records, the latest examples of hospitals’ growing influence in the data economy. This breadth of access wasn’t always spelled out by hospitals and tech giants when the deals were… Continue reading Hospitals Give Tech Giants Access to Detailed Medical Records
BRP Group, Inc. to Acquire Highland Risk Services LLC
BRP Group, Inc., a rapidly growing independent insurance distribution firm delivering tailored insurance solutions, today announced that BRP Insurance Intermediary Holdings, LLC, a subsidiary of BRP Group, has entered into an agreement to acquire substantially all assets of Highland Risk Services LLC (“Highland Risk”). Highland Risk is a Chicago-based independent insurance firm focused on providing… Continue reading BRP Group, Inc. to Acquire Highland Risk Services LLC
Surge of New Abuse Claims Threatens Church Like Never Before
A wave of new laws in 15 states that allow people to make claims of sexual abuse going back decades could bring a deluge of lawsuits against the Roman Catholic Church that could surpass anything it’s seen before. At the end of another long day trying to sign up new clients accusing the Roman Catholic… Continue reading Surge of New Abuse Claims Threatens Church Like Never Before
PPIB Announces Partnership with Cremation Association of North America (CANA)
Professional Program Insurance Brokerage (PPIB) is excited to announce a new partnership with the Cremation Association of North America (CANA). CANA approached PPIB to fill a hole in the insurance industry – crematory professional liability insurance. These operations are different from those of historical funeral homes and the standard markets have not adjusted to meet… Continue reading PPIB Announces Partnership with Cremation Association of North America (CANA)
The Hanover Insurance Group Announces Enhanced Miscellaneous Professional Liability Product
The Hanover Insurance Group, Inc. announced enhancements to its Hanover Miscellaneous Professionals Advantage product, offering stand-alone liability insurance designed to meet the changing needs of professionals. These enhancements are the company’s latest investment in its specialty offerings. With this modernized solution, expanded coverage is offered to a broader range of small, mid-sized and large firms.… Continue reading The Hanover Insurance Group Announces Enhanced Miscellaneous Professional Liability Product
Tokio Marine HCC Announces Formation of New Cyber & Professional Lines Group
Tokio Marine HCC today announced the formation of the Tokio Marine HCC – Cyber & Professional Lines Group, led by Richard Robin, the group’s President. The Cyber & Professional Lines Group includes the operations of the recently-acquired NAS Insurance Services, LLC (NAS), where Mr. Robin served as Chief Executive Officer, as well as the reorganized… Continue reading Tokio Marine HCC Announces Formation of New Cyber & Professional Lines Group
Next Insurance Now Covering Over 1,000 Classes of Business
Next Insurance, the leading digital insurance company for small businesses, announced today that it now supports over 1,000 classes of business (CoBs) across the country including Contracting, Construction, Consulting, Fitness, Cleaning, Beauty, Therapy, Entertainment, Education, and over 1,000 more. The company is also announcing the launch of professional liability coverage, available entirely online. Next Insurance… Continue reading Next Insurance Now Covering Over 1,000 Classes of Business
Everest Insurance Launches Everest Elevation® Lawyers Professional Liability Policy
Everest Insurance® announced today the release of their new Everest Elevation® Lawyers Professional Liability Policy, designed to provide law firms with liability coverage for financial loss suffered by third parties arising from acts, errors, and omissions in providing legal services. Everest Elevation® addresses the coverage needs of law firms by providing market leading terms and… Continue reading Everest Insurance Launches Everest Elevation® Lawyers Professional Liability Policy
PwC to Pay $335M Over Failed Audits of Alabama’s Colonial Bank: U.S. Regulator
A top U.S. banking regulator said on Friday that PricewaterhouseCoopers will pay $335 million to settle claims of “professional negligence,” after saying the auditor should have identified problems leading to the 2009 collapse of Alabama-based Colonial Bank. PwC did not confirm or deny the claims, but agreed to pay the settlement fine, the Federal Deposit… Continue reading PwC to Pay $335M Over Failed Audits of Alabama’s Colonial Bank: U.S. Regulator