According to a recent analysis from Realtor.com, the gap between single-family home constructions and household formations grew to 6.5 million homes between 2012 and 2022. U.S. Census Bureau data suggests…
Common questions on the workers compensation policy for architects/engineers- There are many questions that come up on the workers compensation policy, here are some of the more common questions. Does…
There are several definitions of defense costs in professional liability policies. The key to the defense costs, in most cases, is that they are within the limits of liability on…
WAIVERS OF SUBROGATION In the complex world of construction and design, professional contracts are very important to both successful projects and limiting potential claims against design professionals. These agreements outline…
Your firm may often get certificate of insurance requests from your firm’s clients. Here are some highlights as to what and can’t be completed on a certificate of insurance. The…
You may assume your Home Owners Liability will provide enough coverage if an incident was to arise. However, with the rising inflation and cost of legal and medical services, that…
There are several terms insurance that can be confusing. Here are some common terms that are used in policies or when speaking to your firm’s insurance company or agent. Insuring…
Cybersecurity Awareness Month 2023 marks 20 Years of Cybersecurity Awareness Month — celebrated every October — was created in 2004 as a collaborative effort between government and industry to ensure every American…
Firm Name Changes for My Architecture/Engineering Firm It is important to change your firm’s name on your firms’ policies. Even if your firm is changing from an LLC to Inc,…
Professional Liability Insurance for Architects and Engineers Architects and engineers provide professional services, the do not sell products. That is why Architects and Engineers need errors and omission insurance or…
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)…
Whether you are talking about the design industry or making movies in Hollywood, the official buzz term of the year is Artificial Intelligence. You may fear it or embrace it,…