Insurance

How to Reduce Your Professional Liability Premium Professional Liability premiums are higher premium, compared to general liability, for architects/engineers because it is an areas of higher risk. There are ways…

Duty to Defend and Indemnification   According to the American Bar Association (HERE), defense and indemnity clauses are routine devices used in construction contracts to shift responsibility for potential risks…

Policy changes that can be made to a Professional Liability policy for architects/engineers- There are some areas of the policy that can be changed, while other areas of the policy…

Deductible types in a Professional Liability policy for architects/engineers- There are several deductible types on a Professional Liability policy in the market place. The most common deductible types are a…

Definition of Professional Services in a professional liability policy- The definition of professional services in your professional liability policy is very important. If your firm provides services outside of the…

Loss Runs What are loss runs on Professional Liability for architects/engineers? The loss runs are a claims history report on your firm’s Professional Liability policy. It provides details of claims…

Mergers and Acquisitions of My Architecture/Engineering Firm Business is ever changing and your firm might come into a situation that you are in a merger or acquisitions. If this situation…

What can affect your architecture/engineering firms Professional Liability premium? There are several factors that go into determining a premium for your design firm. The information provide on the renewal application,…

Why did my premium change on the business owner policy? Why did my architecture/engineering firm’s premium change on the business owner policy? There may be several reasons for a premium…