Increased Premium on my A/E Firm’s Business Owner Policy Why has the premium on my architect/engineer firm’s business owner policy increased?  There are many factors that are considered when the insurance companies are rating your policies, but here are some…

FAQ on Extended Reporting Period on Professional Liability.  Many questions come up when it comes time to start thinking about an extended reporting period (ERP) or tail policy.  Here are some of the questions and answers on the ERP. What…

Waiver of Subrogation on Architects and Engineers Policies The request for waiver of subrogation on policies for architects and engineers occurs quite frequently.  The waiver of subrogation is different for each type of policy and many times it will need…

How does my firm know if we have a Professional Liability claim?  There are quite often issues on projects, it is important for your firm to know when it is a claim. A claim, as defined by an insurance company…

Umbrella/Excess Policies for Architects/Engineers While umbrella/excess policies are not common they are available to architects and engineers.  A few items to be aware of when your firm does get an umbrella policy. What is an umbrella policy?  – The umbrella…

Definition of Professional Services in an Architects/Engineers Professional Liability Policy Each insurance company has a different definition of a Professional Services, be sure to read your insurance policy so that you know what it means for your firm.  Here are…

Definition of a Claim in an Architects/Engineers Professional Liability Policy Each insurance company has a different definition of a claim, be sure to read your insurance policy so that you know what it means for your firm.  Here are a…

Your A/E Professional Liability Premium Increase? Reasons your architecture/engineering firms Professional Liability premium may have increased- There are several factors that go into determining what your firms Professional Liability renewal payment is for the renewal term.  There are also several…

A/E Firm’s Workers Compensation Policy   What should my architecture/engineering firm consider when looking at a Workers Compensation policy? The Workers Compensation policy is fairly straightforward as far as options, but there are a few items to think about. The…

Limits to Carry on a Business Owner Policy What limits should my architecture/engineering firm carry on our business owner policy?  This is a very good question and one that does present itself from time to time.  There are several parts…