Time Is of the Essence Clause
Time Is of the Essence Clause A Time Is of the Essence Clause (TOE) is language contained in a contract that specifies that a certain time or date is important. In effect, a…
Read MoreInsurance
What claims information should be provided for an architect/…
What claims information should be provided for an architect/engineers Professional Liability renewal? No matter the size of the claim the more information provided the better for the insurance companies to…
Read MoreDirectors & Officers (D&O) Insurance
Directors & Officers (D&O) Liability Insurance Directors & Officers (D&O) Liability insurance helps cover defense costs and damages (awards and settlements) arising out of wrongful act allegations and lawsuits brought…
Read MoreCan my architecture/engineering firm get a project policy fo…
Can my architecture/engineering firm get a project policy for just one project? This question can get complicated because there are many different answers and it really depends on what is…
Read MoreAsbestos Risks During Design Phase
Asbestos Risks During Design Phase Most professional service agreements assume that the site for a project is “clean” and that no risks from an environmental hazard such as asbestos will…
Read MoreWhat is the first dollar deductible for architects/engineers…
What is the first dollar deductible for architects/engineers on a Professional Liability policy? The first dollar deductible option may be available to specific firms that meet the insurance company requirements.…
Read MoreInsurance policies to consider for your architecture/enginee…
Insurance policies to consider for your architecture/engineering firm- There are many types of insurance policies you can obtain for your firm, listed here are common polices for design professionals. Professional…
Read MoreClaims-made Professional Liability Policy for Architects/Eng…
Claims-made Professional Liability Policy for Architects/Engineers This is the most common type of policy for a Professional Liability policy. The less common type of policy is an occurrence policy. What…
Read MoreJewelry and Valuable Items Insurance
Jewelry and Valuable Items Insurance Does Homeowners Insurance Cover Jewelry & Valuable Items? Homeowners insurance may provide limited coverage amounts for lost jewelry or valuable items based on the type…
Read MoreSummertime REMINDERS!
Summertime REMINDERS! As the weather gets hotter and the days stay light longer, it’s a fact that mishaps will happen more. Be SAFE out there this summertime! Car accidents: More…
Read MorePROJECT CERTIFICATION IN THE POST COVID WORLD
PROJECT CERTIFICATION AND CLOSEOUT IN A VIRTUAL COVID WORLD AND AFTER The past few weeks have brought a jarring amount of change. Multiple architecture events have been postponed or…
Read MoreCompleting the Professional Liability Application for Archit…
Completing the Professional Liability Application for Architects/Engineers It seems as though it could be a daunting task to complete the Professional Liability application, however from year to year much of…
Read More