Statute of Repose for Design Professionals
Statute of Repose for Design Professionals A statute of repose establishes the time limitation of the right to begin legal proceeds on a specific cause of action after which no…
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Claim reporting on a Professional Liability policy for Desig…
Claim reporting on a Professional Liability policy: Claim reporting on a Professional Liability policy for Design Professionals firms. It is important to understand that Professional Liability policies…
Read MorePolicy Perk – Travelers Crisis Events Coverage
Policy Perk – Travelers Crisis Events Coverage With today’s technology, it’s easier than ever for firms to be on the bad side of the press or public perception, especially…
Read MoreProfessional Liability Coverage: The Standard Of Care
Professional Liability Coverage: The Standard Of Care There are many ways to jeopardize you Professional Liability coverage. One of the most common mistakes is signing a contract without reviewing…
Read MoreSpring’s top 3 perils causing Auto insurance claims
Auto Insurance Claims Auto insurance claims caused by hail, water and wind are top perils from March through May, according to Farmers Insurance. Of course, you must carry comprehensive Auto insurance…
Read MoreWhat are claims trends among Design Professionals?
What are claims trends among Design Professionals? While the market is constantly evolving and changing claims trends have held steady in recent years with residential projects. Projects such as condos,…
Read MoreFirst vs. Third Party Cyber Coverage
Cyber Coverage Last year marked the second-highest record for business data breaches: 781. In order to properly protect you, your business, and your employee and client data, you need to…
Read MoreHow do claims affect my Professional Liability premium?
CLAIMS How do claims affect my Professional Liability premium? This is a tough question to answer because the bottom line is it all depends on all of the factors of…
Read MoreUnderstanding limits of liability on a Professional Liabilit…
Understanding limits of liability in a Professional Liability policy for Design Professionals. There are many parts to a Professional Liability policy and one of those areas is to be aware…
Read MoreSlip and Fall Accidents
Slip and Fall Accidents Slip and fall accidents can be very costly for any business, whether they involve your employees or someone else legally on your premises. Each…
Read MoreUnderstanding Extended Reporting Period (tail policy) on a P…
Understanding Extended Reporting Period (tail policy) on a Professional Liability policy for Design Professionals. Extended Reporting Period, also called tail policy or ERP, is an extended period of time after…
Read MoreWhy Condominium Projects Mean Expensive Insurance Rates
Why Condominium Projects Mean Expensive Insurance Rates There are several reasons why Condominium projects lead to increase insurance costs. The biggest driver for and increase in premium due to condominium…
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