Medical News and Medical Liability Conference
W.R. Berkley subsidiary Key Risk Insurance Company is aiming to introduce over 40 new endorsements to its Berkley Cyber Risk Insurance Program in the coming weeks. The carrier is aiming to introduce these new product tweaks in Texas, effective immediately upon regulatory approval, but will likely come to other markets before year’s end. Cyber Risk More
Berkshire Hathaway Specialty Insurance Company (BHSIC) will expand the reach of its dental professional liability program, introducing a new offering in the coming weeks. The new program, dubbed Professional Protection – Dental Malpractice Liability, will be introduce in Texas on approval from state regulators. This new program will target a range of dental classes and More
Curi, formerly Medical Mutual Insurance Company of North Carolina, will expand the reach of its medical professional liability program in the second quarter of 2021. The carrier is aiming to bring its physician and surgeons program to New Mexico on April 15, pending state regulatory approval. Though the company has experienced a name change, it More
Nationwide subsidiary National Casualty Company (NCC) will introduce a new cyber insurance program to its playbook in the second quarter of this year. The program is scheduled to go into effect at the start of April. Dubbed the Enterprise Cyber Insurance Program, NCC’s new program will be offered through the company’s Management Liability and Specialty More
Coverys subsidiary ProSelect Insurance Company will launch a new medical professional liability program on March 1, 2021 targeting dental professional liability. The carrier’s program is set to launch in California, tapping competitor CNA’s existing dental program effective as of Nov. 1, 2017, in the Golden State for its rates and increased limit factors. The program More
Coverys company ProSelect Insurance Company will introduce new increased limit factors for its allied healthcare and dentist classes of business in Texas in the coming weeks. The carrier is prepping an effective date of these new limits for Feb. 1, 2021 in the Lone Star State, pending approval from state regulators. Currently, ProSelect’s limits under More
Chubb Insurance will expand the number of products available under its cyber playbook in February with the introduction of a new endorsement. The carrier will introduce this new endorsement under subsidiary ACE American Insurance Company, slated to go into effect in Oregon and other states on Feb. 1, 2021, pending various state regulatory approvals. Dubbed More
AIG will introduce a new cyber endorsement for use with its CyberEdge program in the coming weeks under subsidiaries American Home Assurance Company, Granite State Insurance Company, Illinois National Insurance Co., National Union Fire Insurance Company of Pittsburgh, Pa. and New Hampshire Insurance Company. This cyber security endorsement will be optional and is tentatively scheduled More
The company is aiming to implement a 15% rate increase to its hospitals and other facilities lines of business on April 1, 2021. Coverys subsidiary ProSelect Insurance Company will increase rates on its hospital line of business next year, pending regulatory approval. The company is aiming to implement a 15% rate increase to its hospitals More
Pending regulatory approval in California, a 15% rate increase across all subcoverages under the program will be implemented Jan. 1, 2021. Continuing its trend of rate hikes in recent months, Berkley Insurance Company will implement another increase to its ExecSuite Liability program, setting its sights on California. The carrier will implement this rate hike on More
The carrier will increase deductibles alongside increased limit tiers.
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In an effort to stamp down on rising exposures and claims costs, Houston International Insurance Group company Great Midwest Insurance Company will make several tweaks to its Casualty Umbrella and Excess Liability Insurance manual that will result in higher pricing. While its proposed changes will not have an immediate rate impact, increases to rating factor More
