Professional Liability Insurance Company

• Professional Liability Insurer Can't Compel Arbitration, Rules Missouri Court of Appeals

A professional liability insurance company could not compel arbitration when it was sued by an insured for failing to provide a defense, the Missouri Court of Appeals has ruled in affirming judgment. The plaintiff is a masseuse who was insured by the defendant. The plaintiff sued for breach of contract when the defendant refused to provide a defense in a personal injury action filed by one of the plaintiff's customers.

• Lawyers USA
• March 24, 2011

• Pacific Indemnity Company, v. Linn, Robert, D.O., Moses, Stephen D., D.O., Robert Linn Medical Associates, Smith, David H., Individually and as Administrator of the Estate of Patricia Smith, Deceased, Silberlicht, Jack, Executor of the Estate of Judith Silberlicht, Deceased, Aetna Insurance Company, Myrletus, William K., Director, Pennsylvania Professional Liability Catastrophe Loss Fund, Pennsylvania Professional Liability Joint Underwriting Association, Chicago Insurance Company, Interstate Fire & Casualty Company v. Nationwide Mutual Fire Insurance Company, Pennsylvania Professional Liability Joint Underwriting Association 3Rd Pty Deft. Appeal of Aetna Insurance Company. Pacific Indemnity Company v. Linn, Robert, D.O., Moses, Stephen D., D.O., Robert Linn Medical Associates, Smith, David H., Individually and as Administrator of the Estate of Patricia Smith, Deceased, Silberlicht, Jack, Executor of the Estate of Judith Silberlicht, Deceased, Aetna Insurance Company, Myrletus, William K., Director, ..., 766 F.2d 754 (3rd Cir. 1985)

Charles W. Craven, Marshall, Dennehey, Warner, Coleman & Goggin, Philadelphia, Pa., for appellant in No. 84-1444 Aetna Ins. Co. Joseph T. Bodell, Jr....

• Federal Circuits

• Oceanus Insurance Company Chooses Delphi Technology's OASIS Professional Liability Suite for Policy and Underwriting Administration.

OASIS solution to provide scalability, flexibility, automation and process efficiencies to support Oceanus's aggressive growth strategy BOSTON -- De...

• Business Wire
• January 20, 2010

• Peace of Mind: The Prompt Reporting of an Insurance Claim

Rescission is an insurer's remedy for policyholder misrepresentation in the application for insurance, and, upon return of premium, acts to void the policy and relieve the insurer of all obligations under the policy. Some view late claim reporting as merely a "technical" or "nonmaterial" breach of the timely notice provision in the insurance contract. Others see it as a potential form of collusion with fraud perpetrators, and recognize the insurer's need at an early time to investigate, set reserves, and control the defense. An essential condition precedent to coverage under a professional liability policy is strict adherence to the notification provisions. Prompt notification must be provided to an insurance company of any incident that may result in a claim. Some insurers agree so str...

• CPA Journal, The
• Vol. 76 Nbr. 11, November 2006

• ProSelect Insurance Company has announced that it will not be raising premiums for medical professional liability insurance for providers in New Hampshire.

ProSelect Insurance Company has announced that it will not be raising premiums for medical professional liability insurance for providers in New Hamps...

• New Hampshire Business Review
• August 13, 2010

• Responsive Coverage for Physicians

MDAdvantage focuses on New Jersey, where the company has grown to become the second-largest provider of medical professional liability insurance. That one-state focus keeps the company's fingers firmly on market conditions faced by physicians. That knowledge translates into better coverage and more responsive service, enhanced by the company's "We Heard You" initiative to act on customer feedback.

• NJBIZ
• August 06, 2009

• National Union Fire Insurance Company of Pittsburgh, Pa. Enhances Professional Liability and Network Security Insurance Offering.

NEW YORK -- AIG ProTech(R) Modular Edition(R) offers an array of coverages and a simplified application process for providers of technology products a...

• Business Wire
• January 24, 2005

• The Journal Record Money Movers: February 16, 2010

Oklahoma Attorneys Mutual Insurance declares dividend Oklahoma Attorneys Mutual Insurance Co. has declared a 17.75- percent policy dividend for 2009. The dividend totals $1.2 million. The dividend will be paid to nearly 2,300 policyholders by the end of February. Dividends have been declared for 16 consecutive years. Policyholders have received $21.8 million in dividends during the 16- year period. Oklahoma Attorneys Mutual Insurance was created by members of the Oklahoma Bar Association and as a mutual company is owned by the policyholders. The company writes lawyers professional liability insurance in Oklahoma.

• The Journal Record
• February 23, 2010

• National Union Fire Insurance Company of Pittsburgh, PA. Launches New Management and Professional Liability Insurance Package.

NEW YORK -- PrivateRisk ProtectorSM Offers Private Companies Multiple Coverage Options in One Consolidated Program National Union Fire Insurance Com...

• Business Wire
• January 19, 2005

• Accounting Industry Takes Account of Insurance Needs

The 1980s were watershed years for the property and casualty insurance business in general and for accountants professional liability in particular. But it was the late 1980s when things changed dramatically for the traditional property and casualty insurance industry. It was in that part of the decade that innovative entrepreneurs began looking for alternatives to the traditional insurance marketplace. CAMICO Mutual Insurance Co, the nation's largest CPA-owned mutual insurance company and second largest provider for accountants professional liability insurance and risk management services, opened its doors in 1986. CAMICO has become recognized as committed to providing a stable, reliable source of protection for CPAs across the country. Another firm that traces its origins back to the ...

• Rough Notes
• Vol. 150 Nbr. 4, April 2007