Key Components on the Declarations Pages of a Professional Liability Policy for Architects/Engineers Even though the first few pages of the policy seem simple, they are imperative in the policy coverages. The policy number is typically at the top of…
Graduation Party Hosting Liability Spring is the time of year to host a party to celebrate the accomplishments of our children graduating school! This is a very special and exciting time for your family. Your to-do list is long; full of…
Facts About Professional Liability Policies for Architects/Engineers There are several policies in the market place and many different pieces of information to be aware of when it comes to Professional Liability policies. Your firm may have heard the term hammer…
Email Fraud or Social Engineering Fraud It’s perpetrated by imposters who intentionally mislead or manipulate unsuspecting individuals and businesses into diverting payments or sending them money. An example: A criminal posing as a company manager or outside vendor sends an email request…
Understanding Cancellations and Non-renewals for an Architects/Engineers Professional Liability Policy The insurance companies are regulated by each state and each state has a specific time period that the insurance company must provide a notice of cancellation or non-renewal. The insurance…
THE COVID LITIGATION EXPERIENCE AND THE NEW NORMAL This past year has created new obstacles and hurdles in nearly every facet of life, the legal world being no exception. When the pandemic hit, we were forced, over night, to…
What Is Ocean Marine insurance? Ocean Marine encompasses a variety of insurance coverage’s designed to protect merchandise, goods, workers, passengers and crews aboard shipping vessels and cargo storage during marine transport domestically or abroad. Ocean marine insurance also covers other…
Additional Insured on a General Liability Policy The additional insured language in a general liability policy will vary with each insurance company. Here are a few examples of the blanket additional insured endorsements in general liability policies. Example one WHO…
Water Back Up Coverage Water damage resulting from backed up drains or failed pumps is one of the most common homeowners insurance claims. It’s also the third most costly claim behind fire and liability lawsuits. Many homeowners don’t know that…
Reporting of a Claim or Potential Claim on Your Architecture/Engineering Firms Professional Liability Policy Your firm is required to provide written notice of a claim or potential claim to your Professional Liability insurance company. Here are a few insurance companies’…