Completing your firm’s professional liability renewal applic…
While the renewal application may seem repetitive each year and tedious at times, it is important to complete the application in full and accurately. Not only do you sign at…
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It’s Just an Application for Payment, Right?
Like many things you may not have covered extensively (or at all) in architecture school, certifying the Contractor’s application for payment is an underemphasized but critical component of an Architect’s…
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Endorsements of a policy that my architecture/engineering fi…
Endorsements of a policy that my architecture/engineering firm may need- Each insurance policy, whether it is business owner policy, workers compensation or professional liability has different endorsements that may be…
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The importance of reading your architecture/engineering firm…
Reading your insurance policies is important regardless of what type of policy it is. However, the professional liability policy is unique to each insurance company, and it is always good…
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Social Engineering and Your Employees
Are your employees missing these social engineering red flags? Social engineering is one of the most significant and difficult network security challenges to contend with. Due to the discreet nature…
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Definitions in a Professional Liability Policy for Architect…
Definitions in a Professional Liability Policy for Architects/Engineers Professional liability insurance policies contain a section entitled definitions. While the definitions may not seem important, they establish the meanings of key…
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What does a Business Owners Policy Include?
If your a small business owner, the Business Owners Policy (or BOP) was designed by insurance companies just for you and your business protection needs. A business owner’s policy combines…
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THE GRAND FINALE: THE INDEMNIFICATION CLAUSE: WHAT IS IT AND…
THE INDEMNIFICATION CLAUSE Great American’s Professional Liability’s “Year of the Contract” is coming to an end. Over the last 12 months, we have dissected various contract provisions that should be…
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Firm Name on Professional Liability Policy
Firm name on professional liability policy for architecture/engineering firms- While it may seem like a minor issue to have the correct firm name on your policy, it may not be…
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When a Pre-Claim Becomes a Claim
What should my firm do if a pre-claim becomes a claim under the professional liability policy? This does happen from time to time but insurance companies will do everything they…
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Professional Liability – Who is covered?
When does a Professional Liability policy cover individuals that work for an insured, an insured’s related entities (such as subsidiaries), and/or the insured’s contracting partners? Individuals working for an insured…
Read MoreDeclarations Pages in Architects/Engineers Policies
What is included in architects/engineers declarations pages of insurance policies? There are several pieces of information included in the declarations pages of insurance policies. The declarations pages are the first…
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