Important Clauses
Important Clauses to Pay Close Attention To in the Architects and Engineers Professional Liability Policy Yes it can be a lengthy policy to review but when renewing your policy or…
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Blockchain and the Design Professional
Blockchain and the Design Professional What is Blockchain? The blockchain is an incorruptible digital ledger of economic transactions that can be programmed to record not just financial transactions but…
Read MoreKey Points on the Architects/Engineers Professional Liabilit…
Key Points on the Architects/Engineers Professional Liability Application The Professional Liability application can be tedious at times but it is how an insurance company determines your premium on Professional Liability. …
Read MoreUnderstanding your home’s “replacement cost…
When you think of what your home is worth, you tend to think of either what you paid for it, or the price you can sell it for on the…
Read MoreBusiness Owner Policy Coverages to be Aware Of
Business Owner Policy Coverages to be Aware Of When you receive your business owner policy it can be overwhelming to review about one hundred pages of coverage. There are a…
Read MoreHow Does A Claim Affect My Professional Liability Policy?
How Does A Claim Affect My Professional Liability Policy? You’ve had a claim and it has now closed and you are wondering how this will affect your professional liability premium. …
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2019 Schedule Announced – ACEC Engineering Scholarship – And, 2018’s Winning Essay a/e ProNet is proud to sponsor the American Council of Engineering Companies (ACEC) Scholarship. Each year this $5,000…
Read MoreIs my design firm required to get the extended reporting per…
Is my design firm required to get the extended reporting period or ‘tail’ for Professional Liability? It is important to understand what an extended reporting period (ERP), also called a…
Read MoreManage Injured Worker Claims Through Additional Insured Stat…
Manage Injured Worker Claims Through Additional Insured Status A very informative risk management article from Victor O. Schinnerer relates to having the contractor name the design professional as an Additional…
Read MoreNamed Insured on Policies for Architects/Engineers
Named Insured on Policies for Architects/Engineers What is a named insured? This is an owner or entity that can make changes to the policy and is listed on the declarations…
Read MoreUnderstanding the Deductible
Understanding the Deductible on Professional Liability for Architects/Engineers It is important to understand what a deductible is on Professional Liability. The deductible is your firm’s obligation to pay per claim…
Read MoreWhy is my design firm required to provide an application to…
Why is my design firm required to provide an application to obtain new or renewal quotes for Professional Liability? Professional Liability is a different type of policy from other policies…
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