Insurance

An insuring agreement is a legal contract between the insurance company and the entity being insured.  It is the portion of the policy that the insurance company promises to make…

Should my architecture/engineering firm switch insurance companies on our professional liability renewal when we have an open claim? It is typically advised that you stay with the same insurance company…

What to do if I am selling my architecture/engineering firm or shutting it down altogether? There is a lot to consider when selling your firm or shutting it down.  Insurance…

This question comes up from time to time and the answer is yes.  Your firm’s policy is there to protect your firm in the event of a claim. If your…

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…

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…

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…

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…