Professional liability insurance

CAMICO Reports Gains in Policyholders’ Surplus, Written Premium

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Wednesday, May 4, 2022
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CAMICO ( www.camico.com ), the nations largest CPA-owned and directed program of insurance and risk management for the accounting profession, posted total policyholders surplus of more than $46 million and gross written premium of more than $65 million for the year ended December 31, 2021.

Key Points: 
  • CAMICO ( www.camico.com ), the nations largest CPA-owned and directed program of insurance and risk management for the accounting profession, posted total policyholders surplus of more than $46 million and gross written premium of more than $65 million for the year ended December 31, 2021.
  • CAMICO has continued to strengthen its key financial indicators with policyholders surplus up from $45 million (posted for 2020) and a topline increase in gross written premium in 2021.
  • CAMICO also posted an increase in Net Investment Income and Total Assets.
  • CAMICO provides Professional Liability Insurance, Employment Practices Liability Insurance, and other insurance products needed by CPA firms.

New Report Details Business Insurance Costs and Decisions During Unprecedented Growth Period for Startups

Retrieved on: 
Thursday, April 21, 2022
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The new report, titled 2nd Annual Embroker Vertical Insurance Index: Startup Snapshot , documents the corresponding fluctuations in average premiums, limits and retentions for different lines of business insurance as VC-backed startups grow in revenue, headcount and funding.

Key Points: 
  • The new report, titled 2nd Annual Embroker Vertical Insurance Index: Startup Snapshot , documents the corresponding fluctuations in average premiums, limits and retentions for different lines of business insurance as VC-backed startups grow in revenue, headcount and funding.
  • The data included in the report represent actual purchase decisions made by startups, providing a valuable, historical snapshot of business insurance trends from 2020 to 2021; not just mitigating risk, but guiding business decisions.
  • The intersection of this unprecedented growth in funding and increase in business risk heightens the level of responsibility for startups to protect their business, investors, employees and intellectual property.
  • To learn more about the specific needs and costs of insurance for technology startups, download our 2nd annual report and visit Embroker.com.

Slice Announces Release of Duuo Small Business Insurance

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Wednesday, March 16, 2022
Mobile, Wireless, Technology, Insurance, Finance, Consulting, Professional Services, Software, Small Business, Internet, Data Management, Cloud, Insurance, Twitter, MGA, ICS, Technology, Farmer, Corona Labs Inc., Partnership, Publication, Professional liability insurance, Workplace, Tier 1, Commercial general liability insurance, Small business, CEO, Industry, Policy, LinkedIn, Health insurance, Slice, Slice Labs, Duuo, SLICE LABS, DUUO

(Slice), a technology company with the first on-demand insurance platform, is pleased to announce that Duuo, on-demand digital insurance pioneers from The Co-operators Group, has launched their seventh on-demand insurance product, Small Business Insurance, built on the Slice Insurance Cloud Services (ICS) platform.

Key Points: 
  • (Slice), a technology company with the first on-demand insurance platform, is pleased to announce that Duuo, on-demand digital insurance pioneers from The Co-operators Group, has launched their seventh on-demand insurance product, Small Business Insurance, built on the Slice Insurance Cloud Services (ICS) platform.
  • Duuos Small Business Insurance is a General Liability policy that focuses on protecting self-employed workers from liability that could arise in the workplace.
  • Through our partnership with Slice weve been able to develop a product that will better serve Canadian small business owners and the platforms that support them, says Sunni Shannon, Partnerships Manager at Duuo.
  • Duuo was created by Co-operators, a proudly Canadian insurance company founded in 1945 by a small group of farmers and social pioneers who felt traditional insurance didn't meet their unique needs.

Thompson Coe Elects First Person of Color to Management Committee

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Thursday, February 10, 2022
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DALLAS, Feb. 10, 2022 /PRNewswire-PRWeb/ --Thompson, Coe, Cousins & Irons, LLP is pleased to announce the election of its first person of color and first black woman as a member of the Firm's Management Committee.

Key Points: 
  • DALLAS, Feb. 10, 2022 /PRNewswire-PRWeb/ --Thompson, Coe, Cousins & Irons, LLP is pleased to announce the election of its first person of color and first black woman as a member of the Firm's Management Committee.
  • Zandra interned with Thompson Coe as a summer clerk in 2000, and was hired as an associate before the end of her clerkship.
  • Spending her career at Thompson Coe, Zandra has obtained results for her clients and garnered a reputation as a fierce advocate.
  • Thompson Coe is recognized as a "Band 1" law firm for Insurance in Texas by Chambers & Partners USA 2004-2021.

Great American Insurance Group's Professional Liability Division Announces Expansion Into Canada

Retrieved on: 
Wednesday, February 2, 2022
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Great American Insurance Groups Professional Liability Division is pleased to announce it has expanded its Primary and Excess Errors and Omissions (E&O) coverage offerings into the Canadian market.

Key Points: 
  • Great American Insurance Groups Professional Liability Division is pleased to announce it has expanded its Primary and Excess Errors and Omissions (E&O) coverage offerings into the Canadian market.
  • Maia Espejo, Divisional Assistant Vice President, Great American Professional Liability Division, has joined Great American to lead the newly established Canadian office.
  • Maia has 19 years of experience in the Professional Liability insurance market in Canada with extensive knowledge in the professional, financial and executive risk sectors, said Reina Gregorio, Divisional President, Great American Professional Liability.
  • Great American Insurance Groups roots go back to 1872 with the founding of its flagship company, Great American Insurance Company.

Thompson Coe Updates HR Subscription Options for Legal Program 'myHRgenius'

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Thursday, January 20, 2022
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SAINT PAUL, Minn., Jan. 20, 2022 /PRNewswire-PRWeb/ -- Thompson, Coe, Cousins & Irons, LLP, a premier civil litigation firm, offers an HR-focused legal subscription program for organizations who need legal advice on HR problems.

Key Points: 
  • SAINT PAUL, Minn., Jan. 20, 2022 /PRNewswire-PRWeb/ -- Thompson, Coe, Cousins & Irons, LLP, a premier civil litigation firm, offers an HR-focused legal subscription program for organizations who need legal advice on HR problems.
  • Every myHRgenius member has access to a dedicated, HR-focused legal team from Thompson Coe, a multi-service award-winning national law firm.
  • "This program was designed by HR attorneys for HR professionals to help organizations lower their risk, maximize legal spend, and get answers to day-to-day HR problems."
  • myHRgenius is a subscription-based legal service program offered by Thompson Coe, a multi-service award-winning national law firm.

King & Spalding Bolsters Global Professional Liability & Accountant Defense Practice in D.C. and New York

Retrieved on: 
Tuesday, January 4, 2022
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As leading practitioners representing accounting and consulting firms and their professionals in high-stakes regulatory investigations and enforcement actions, the pair adds strength to the firm's world-class Professional Liability practice.

Key Points: 
  • As leading practitioners representing accounting and consulting firms and their professionals in high-stakes regulatory investigations and enforcement actions, the pair adds strength to the firm's world-class Professional Liability practice.
  • Larson will be based in the Washington, D.C., office and Adamson in the New York office.
  • Larson's extraordinary expertise and depth of knowledge includes 12 years on the enforcement staff at the PCAOB, ultimately as Associate Director of Enforcement.
  • "We are excited to work with the K&S colleagues we have known for years, and to help grow the global Professional Liability practice."

Thompson Coe Makes Donations to Local Food Banks in Texas, Louisiana, and Minnesota

Retrieved on: 
Tuesday, December 21, 2021
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"Thompson Coe is committed to giving back to those in need and partnering with these wonderful organizations that help so many."

Key Points: 
  • "Thompson Coe is committed to giving back to those in need and partnering with these wonderful organizations that help so many."
  • Donations of $1,500 each were made to the North Texas Food Bank, Central Texas Food Bank, San Antonio Food Bank, Houston Food Bank, Second Harvest Food Bank Greater New Orleans, and Second Harvest Heartland.
  • Additionally, the Austin office staff and attorneys held a Holiday Drive to raise an additional $300 for the Central Texas Food Bank.
  • Thompson Coe is 200+ attorney firm with offices in Austin, Dallas, and Houston, Texas; New Orleans, Louisiana; and St. Paul, Minnesota.

Business Insurance Leader Embroker Announces Key Revenue, Customer, and Leadership Milestones for 2021

Retrieved on: 
Thursday, December 16, 2021
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The company also released other leadership milestones, including customer and employee growth, and expanded its executive team with a new CFO, Brian Acks.

Key Points: 
  • The company also released other leadership milestones, including customer and employee growth, and expanded its executive team with a new CFO, Brian Acks.
  • The companys growth represents the strength of its powerful digital business insurance platform that focuses on industry-specific coverage for the most complex and inefficient lines of insurance.
  • Embroker is transforming commercial insurance by making it radically simple for businesses to get the right insurance at the best price.
  • Through Embroker Access, Embroker provides partner agencies and wholesalers with the capability to offer all of Embrokers industry-leading insurance products to their customers.

QBE North America Wins 5-Star Excellence Award for Professional and D&O Liability from Insurance Business America

Retrieved on: 
Wednesday, December 15, 2021
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NEW YORK, Dec. 15, 2021 /PRNewswire/ -- QBE North America is honored to have earned for the second time in a row Insurance Business America's 5-Star Excellence Award for both Professional and Directors and Officers (also called "D&O" or "Management") Liability.

Key Points: 
  • NEW YORK, Dec. 15, 2021 /PRNewswire/ -- QBE North America is honored to have earned for the second time in a row Insurance Business America's 5-Star Excellence Award for both Professional and Directors and Officers (also called "D&O" or "Management") Liability.
  • "Companies today must confront rapidly evolving Professional and Management Liability risks due to a range of factors such as cyberattacks and increased regulatory action," said Danielle Librizzi, Head of Professional Liability within QBE North America's Financial Lines business.
  • QBE North America's Financial Lines business includes Management and Professional Liability, Transactional Liability and Financial Institutions, and is part of QBE's broader Specialty & Commercial business.
  • Part of QBE Insurance Group Limited, QBE North America reported Gross Written Premiums in 2020 of $4.775 billion.