What does my firm’s insurance policy cover?
What does my firm’s insurance policy cover? There are many insurance policies in the marketplace and many that are specific to architects and engineers. Below is a brief description of…
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Understanding Builders Risk Insurance
Understanding Builders Risk Insurance Builders risk insurance is essential protection for construction projects, but it is complex and often misunderstood. This isn’t surprising. There are no standardized policy forms for…
Read MoreSome Contractors Want to Bring More Design Services In-House
Some Contractors Want to Bring More Design Services In-House Engineering News-Record (ENR) reports that a growing percentage of contractors plan to increase the use of in house design to better…
Read MoreWhat is the definition of professional services in Professio…
What is the definition of professional services in Professional Liability policies? This is going vary from carrier to carrier and even policy to policy; most importantly read your policy so…
Read MoreIndemnity Clauses in Contracts
Indemnity Clauses in Contracts According to Brian K. Stewart, Esq. : Indemnity legal wording for a way to shift the risk for a particular problem that might arise on a construction…
Read MoreWhat insurance does my architecture/engineering firm need?
What insurance does my architecture/engineering firm need? There are some insurance policies that will be required by either contract or law and some that your firm needs to consider based…
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Is the next insurance crisis drinking water contaminated wit…
On the brink of another insurance crisis for drinking water not containing lead? A September article from the Insurance Journal explains this next public health issues and discusses the General Liability…
Read MoreSubmitting a Claim for Your Architect/Engineering Firm
Submitting a Claim for Your Architect/Engineering Firm Depending on the policy there are different pieces of information to gather and submit for a claim. Professional Liability – You firm may…
Read MoreThe Rise of Ransomware
While costly and dangerous, data breaches aren’t the biggest threat to businesses from hackers on the radar for this year. The first half of this year alone has seen an…
Read MoreIncreased Premium on my A/E Firm’s Business Owner Policy
Increased Premium on my A/E Firm’s Business Owner Policy Why has the premium on my architect/engineer firm’s business owner policy increased? There are many factors that are considered when the…
Read MoreFAQ on Extended Reporting Period on Professional Liability
FAQ on Extended Reporting Period on Professional Liability. Many questions come up when it comes time to start thinking about an extended reporting period (ERP) or tail policy. Here are…
Read MoreWhat is Employment Practices Liability (EPLI)?
What is Employment Practices Liability (EPLI)? EPLI covers businesses against claims by workers that their legal rights as employees of the company have been violated. The number of lawsuits filed…
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