Berkshire Hathaway boosts professional liability cover
Latest policy provides claims-made coverage for professionals and professional services firms
INSURANCE NEWS
By James Middleton
Jan 20, 2016
Berkshire Hathaway Specialty Insurance (BHSI) recently introduced Miscellaneous Professional Liability (MPL) Insurance in Canada, under its Professional First product line.

The policy provides claims-made coverage for professionals and professional services firms facing allegations of negligent acts, errors or omissions, misstatements, misleading statements, neglect, breach of duty and unintentional breach of contract.

The policy includes supplemental payment coverages with no retention for pre-claim assistance, reimbursement of loss of earnings and reimbursement of expenses for policyholder attendance at litigation and disciplinary proceedings.

“Bringing to market this comprehensive MPL form with the financial strength of BHSI underscores our commitment to the professional liability market in Canada,” said Paula Lansky, assistant VP, professional liability, Canada, BHSI.
 
Free newsletter

We'll keep you up-to-date with the latest breaking news, cutting edge opinion, and expert analysis affecting both your business and the industry as whole.

Free newsletter

Our daily newsletter is FREE and keeps you up - to - date with the world of Insurance. Please complete the form below and click on subscribe for daily newsletters from IB CA.