Tag: professional liability

Tokio Marine HCC Announces Acquisition of U.S. Cyber Specialist NAS Insurance Services

Tokio Marine HCC today announced it has acquired NAS Insurance Services, LLC (NAS), a national leader in cyber and professional liability solutions. NAS is a Lloyd’s coverholder with a history of specialty product innovation, flexible policy development, open market and reinsurance solutions, and online broker portals providing 24/7 quoting and issuance. The business produced gross… Continue reading Tokio Marine HCC Announces Acquisition of U.S. Cyber Specialist NAS Insurance Services

FDA Planning to Require Cybersecurity Checks in Medical Device Submissions

Gynecologist prepares for surgery in operating room, Ultrasound medical device

While the FDA has addressed threats to networked medical devices through its guidance and product evaluations, the agency should take more steps to fully integrate cybersecurity into its premarket reviews, according to an HHS report. The HHS inspector general’s office recommended the FDA and manufacturers use presubmission meetings to better address cybersecurity-related questions, and that… Continue reading FDA Planning to Require Cybersecurity Checks in Medical Device Submissions

Landy Agency Announces Coverage Enhancements, New Pricing for Accountants Professional Liability Program

Close up Businessman hand holding pen and pointing at financial paperwork with financial network diagram.

The Herbert H. Landy Insurance Agency of Needham, MA announces several new policy enhancements and up to a 20% premium decrease in both the Express and Standard Program rates for Accountants Professional Liability. New enhancements include a $0 (Zero) deductible option and expanded revenue eligibility for the selfrating Express application, a new Supplemental Payment for… Continue reading Landy Agency Announces Coverage Enhancements, New Pricing for Accountants Professional Liability Program

Aon/AHCA Report: Severity, Frequency of Claims to Increase for Long Term Care Providers in 2018

Young carer supporting senior disabled woman with walking stick.

An increase in frequency and severity of claims is causing the cost of liability to increase for the long term care profession, according to the findings of an analysis released today by the American Health Care Association (AHCA) and Aon, a leading global professional services firm providing a broad range of risk, retirement and health… Continue reading Aon/AHCA Report: Severity, Frequency of Claims to Increase for Long Term Care Providers in 2018