Growing Marijuana Industry Can Affect Design Professionals Victor O. Schinnerer, leading company in Design Professionals Liability risk management practices, provided their insight into the conflicting laws between federal and state governments which may affect the construction and design industry including…
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. So the more accurate and detailed the information provided the…
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 open market. This may be affected by factors beyond the…
Are contracts important for architects and engineers? Many times it may seem like just because the project is small you don’t need a contract. Or my firm works for this client on a regular basis and we trust them. Or…
New Year’s Checklist Happy New Year! Now is a popular time of the year to declare resolutions, plan vacations or try something new. Some of us decide we’re going to eat better and spend more time exercising. We vow to…
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 few sections in the policy to be aware of and…
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. At your next renewal your agent will probably ask to…
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 scholarship is awarded to well-rounded engineering students. The application deadline…
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 ‘tail’ policy is. The ERP is an extended period of…
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 Insured under their General Liability coverage. They write “Construction operations…