CONTRACT WISH LIST FOR DESIGN PROFESSIONALS – PART III This is Part III in a series discussing risk and liability mitigating terms and conditions that are beneficial to seek to…
Comparing professional liability quotes for architects/engineers- While it is easy to look at a renewal premium with different companies and choose based on the premium, there are several policy terms…
That valuable gift you received could take weeks or months worth of income to replace if you are a victim of theft, natural disaster or other unforeseen events. Most homeowners insurance…
Interpreting professional liability policy loss runs for architects/engineers – Loss runs or a claims history report, shows how many claims, circumstances and pre-claims your firm has filed under the professional…
Videoconferencing Can Raise Professional Liability Exposures Design firms have changed their practice management procedures because of pandemic-related restrictions placed on office settings, travel, and in-person meetings with clients, government offices,…
What is your architecture/engineering firm responsible for in the event of a professional liability claim? Your firm is responsible for working with the insurance company on the professional liability claim. …
Managing Construction Claims Risk In The Age Of Gen Z & The Great Resignation Construction and design professional firms that ignore how to effectively manage their workforce during this Great…
Workers’ compensation audits for architects/engineers- At the end of the policy period the insurance company will request paperwork to complete an audit on the workers compensation policy. The reason the…
General Liability You may ask yourself – does my business need General Liability Insurance? More than likely, the answer to that question is Yes. Having General Liability coverage helps protect your…
The fine line between general contractors and architects/engineers- Because general contractors and architects/engineers work together on projects their roles are often confused. For architects/engineers it is important not to be…
Limits of liability on a professional liability policy for architects and engineers- You firm may receive a request for a higher limit of liability on your professional liability policy. There…
How to Respond to Claims Questions in the RFP You’ve done a great job marketing and pre-selling the client for that really exciting project, and the RFP has finally…