Specialty Insurance Blog
This blawg has "news & commentary on specialty insurance, risk management & private equity—with an emphasis on professional liability and entrepreneurship."
Author: Tennant Risk Services is a wholesale underwriting manager and broker specializing in professional liability insurance in all states.
Blawg Related Categories: Insurance Law
Recent Posts from Specialty Insurance Blog
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Directors & Officers Insurance, & Niches
Directors & officers insurance coverage (D&O), along with most other segments of professional liability insurance, continues to be highly competitive, as pointed out in a prior post. Our conclusion, along with others, is that the…
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Annoying Behavior Not Sexual Harassment
Liability associated with adverse employment situations has driven the development of a whole new insurance segment, Employment Practices Liability (EPL) insurance (which, of course, all organizations should purchase). EPL insurance provides coverage for employment related…
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Insurance Agents Should Not Make Claims Decisions
Insurance agents & brokers could put their insurance agents E&O (professional liability or errors & omissions) at risk by making a coverage determination in a claims situation. Making coverage decisions is the insurers job, and…
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Captive Insurance Fronting Costs Decline
Captive insurance companies continue to be a strong and important part of the insurance business. In order to be on an equal footing with insurance products from traditional insurers, group captives often reinsure insurance business…
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Technology & Specialty Insurance
Adding highly efficient, technology driven processing to the specialty insurance business has proven to be difficult, and few organizations have executed this successfully. Numerous organizations have online underwriting facilities, but many of them ask so…
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Segregated Cell Captive Taxation
Rent-a-captives have been around for many years, and provide a captive insurance alternative with little or no upfront investment. Segregated or protected cell captive insurance companies (see here & here) are a newer and simpler…
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Professional Liability (E&O) Market
The professional liability insurance market, including errors & omissions (E&O), directors & officers (D&O) and employment practices liability (EPL) insurance, is undergoing the same level of competitive turmoil has other segments of the insurance market.…
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Disaster Planning
Some insurance agents in the midwest that engaged in disaster planning are reaping the rewards. As pointed out in a recent article (see here), agents that developed detailed plans were able to maintain their operations…
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Unusual Investment Suit
A recent suit by one investment fund against a large private equity fund is an example of a highly unusual investment related claim, and demonstrates the need investment related organizations have for professional liability insurance.…
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Cell Phones & Driving
Of great interest to the insurance industry, statistics indicate that distractions such as talking on a cell phone have a direct impact on auto accidents (and insurance premiums). According to an article in Insurance Journal…