Insurance

Who is covered under a professional liability policy for architects/engineers? This will vary with each insurance company, here are a few definitions to determine who is covered. Example one: (1)…

Replacing a Design Firm on a Project When a design firm is asked to replace the original firm on a project, there are ethical, regulatory, and professional liability concerns that…

What is surplus lines insurance on professional liability policy for an architect/engineer? Surplus lines insurance companies will insure a firm that is considered higher risk and a policy that admitted…

What is included in a business owner policy for architects/engineer firm? The business owner policy has a few major sections of the policy to be aware of. General liability is…

What does a ‘hammer clause’ mean for an architect/engineer in a professional liability policy? A hammer clause is a clause that allows an insurer to settle a claim without the…

What is an insuring agreement in an architects/engineers professional liability policy? An insuring agreement is a legal contract between an insurance company and your architecture/engineering firm.   It is the insurance…

Workers’ compensation insurance gives employees medical, wage and other financial benefits if they are injured or become ill during the course of their work/job. This coverage is required in most…