Ryan Specialty Group (RSG) has announced the acquisition of Boston Insurance Specialists (BIS), a family-owned wholesale insurance brokerage with offices in Mansfield and Westfield, MA. BIS was founded in 2001 by Debbie Murphy and Peggy Giancola. The independent brokerage represents and has binding authority with some of the top excess & surplus lines carriers in… Continue reading RSG Announces Acquisition of Boston Insurance Specialists
Tag: professional liability insurance
Report: 80% of Obstetrics Liability Claims Involve High-Severity Injuries
Obstetrics represents a sliver of liability claims, but a new report suggests that many of these cases involve patient injuries of greater severity. Coverys, a Boston-based liability insurer, analyzed 472 obstetrics claims from between 2013 and 2017 and found that 80% were high clinical severity cases. In 24%, either the mother, infant or both died.… Continue reading Report: 80% of Obstetrics Liability Claims Involve High-Severity Injuries
McClelland & Hine, A Division of Worldwide Facilities, Announces New Director of Business Development
McClelland & Hine Managing General Agency, a division of Worldwide Facilities, is pleased to announce the hiring of Micayla Brooks as Director of Business Development for the San Antonio Branch office. Micayla is a 2002 graduate of Tarleton State University with a Bachelor of Science degree in Communications with concentration in Public Relations and Marketing.… Continue reading McClelland & Hine, A Division of Worldwide Facilities, Announces New Director of Business Development
Worldwide Facilities Expands Its Team in Atlanta; Adds Angela Davis as Broker
Worldwide Facilities, a national wholesale insurance brokerage, managing general agent and program underwriter, has announced the addition of Angela Davis as a Healthcare Broker to its brokerage team. Davis holds a Bachelor of Business Administration in Risk Management and Insurance from Georgia State University. She began her insurance career in 2003; prior to joining Worldwide… Continue reading Worldwide Facilities Expands Its Team in Atlanta; Adds Angela Davis as Broker
Next Insurance Launches Industry’s First General Contractor Insurance Available Entirely Online
Next Insurance, the leading digital insurance carrier for small businesses, today announced the launch of a new general contractor insurance policy. Next Insurance is the first national carrier to offer general and professional liability insurance for general contractors entirely online. The addition of general contractor policies to the company’s offerings reflects the Next Insurance vision… Continue reading Next Insurance Launches Industry’s First General Contractor Insurance Available Entirely Online
Cost of Extreme Professional Liability Claims on the Rise for Health Care Systems
The cost of extreme, or catastrophic, professional liability claims is increasing at a rate higher than typical self-insured claims, which are trending at two percent annually, according to the Aon/ASHRM Hospital and Physician Professional Liability Benchmark report. The 2018 report was released today by Aon plc, the leading global professional services firm providing a broad… Continue reading Cost of Extreme Professional Liability Claims on the Rise for Health Care Systems
Geomni Forms Strategic Alliance with DroneBase to Access the World’s Largest Pilot Network for Property Inspections
Geomni, a Verisk business, and DroneBase, the world’s largest global drone operations company, today announced a strategic alliance that adds DroneBase’s pilot network and API to Geomni’s fleet of fixed-wing aircraft to expand property inspections globally. “The insurance industry is beginning to tap into the power of drones, and aligning with Geomni should demonstrate the… Continue reading Geomni Forms Strategic Alliance with DroneBase to Access the World’s Largest Pilot Network for Property Inspections
More than Half of U.S. Doctors Have Faced Malpractice Lawsuits, Survey Finds
If you’re a doctor practicing medicine in the U.S., there’s a good chance you will face a lawsuit during your career. A majority (55%) of U.S. physicians said they have been sued, according to Medscape’s physician malpractice report for 2017. Among the doctors who had been sued, more than half faced more than one lawsuit.… Continue reading More than Half of U.S. Doctors Have Faced Malpractice Lawsuits, Survey Finds