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Reporting a Claim Checklist

Reporting a Claim or Circumstance Checklist To maintain coverage for claims, they must be reported within the timeframe specified in your insurance policy. 1. Report a claim or circumstance by providing written notice via email to the email in your…

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Definition of a Claim

Definition of a claim in a professional liability policy for architects/engineers- It is important to understand how a claim is defined as in a professional liability policy to know when to report the claim. Here are few examples of claims…

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Establishing a Records Retention Policy

RECORDS RETENTION POLICY Having accurate, detailed, and well-maintained project records can help keep design firms out of liability trouble while also helping them manage their profitability. Your firm should determine what it considers to be “permanent” project records or “temporary” documents.   Permanent documents…

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Professional Liability Claim

Professional Liability Claim Resolving the Dispute Most disputes involving professional service firms are resolved through negotiated settlement or mediation. At times, usually because of contractual obligations, mandatory and binding arbitration between a client and professional is used. Each dispute resolution process has characteristics that…

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