Professional liability

Design, Construction Flaws Can Result in Devastating Financial Liabilities

Florida International University (FIU) wanted a signature bridge to help highlight the school’s “institutional aspirations.” However, the project’s planners appear to have overlooked a design flaw that was likely a key factor in the 950-ton bridge collapsing in March. The tragic accident resulted in the death of one construction worker on the bridge and five…

Facebook Data Mining Triggers Need to Review Cyber and Privacy Liability Insurance

After learning through recent news reports that more than 50 million Facebook users unknowingly had personal data from online profiles shared with a data mining firm, consumers are scrambling to review personal information shared on their own social media accounts. This developing scandal will likely prompt organizations of all sizes to reinvestigate their privacy policies…

The Long Run: Protecting Design Builders

From John McClane crawling through the ventilation system in Die Hard to Ellen Ripley escaping an alien attack in Aliens, Hollywood loves to dramatize HVAC systems. Design professionals know real HVAC system risks—like engineers negligence—do not make it to the big screen and movie scripts. Design professionals, commonly  referred to as architects and engineers (A&E),…

A Healthy Opportunity

Thousands of Baby Boomers are turning 65 every day, increasing the demand for healthcare services. Many of those in this aging population have multiple chronic conditions. Consequently, there is a growing demand for a wide variety of caregivers. All these professionals, facilities and services are going to need liability insurance. Even if members in this…

Home Healthcare- The Next Boom

Home Healthcare: The Next Boom in Professional Liability

In-home healthcare and personal care aides are expected to reach 1.3 million by 2020. Imagine yourself as one of the more than 10,000 Baby Boomers turning 65 every day. Now imagine having to choose between a nursing home and at-home care. And consider this: 20 hours of in-home services (a week) costs you about $18,000…

What Every Broker and Agent Needs to Know About the Affordable Care Act

Prepare yourself. The Affordable Care Act (aka Obamacare) is changing more than the way Americans buy their health insurance. It will dramatically shift the way physicians purchase their professional liability insurance as well. “Medicare reimbursements are a huge part of this,” says Brad Rosgen, Healthcare Practice Leader at Burns & Wilcox. “Reimbursements are decreasing for…

Home Healthcare- The Next Boom
A Tale of Two Markets, professional liability

A Tale of Two Markets

Burning questions about the professional liability and environmental segments, answered by four industry insiders. Q. How do you best serve professional insureds and agents during the claims process? Emmanuel E. Manuelidis, Esq., claims and litigation director, Atain Insurance Companies, responds: We offer excellent client service combined with a streamlined and personalized claims service. We work…

Unintended Consequences

How an agent’s modest request became a groundbreaking professional liability coverage package Sometimes posing a simple question to the right person leads to big things. That’s what happened when a Texas agent asked broker Allison Barber to help place coverage for a pilot car operation through the Burns & Wilcox office in Texas. Barber consulted…

http://insurancemarketsource.com/wp-content/uploads/2015/03/The-Professionals-Professional.jpg