Retroactive Dates in an Architects/Engineers Professional Liability Policy There are many factors to understanding a retroactive date on a Professional Liability policy. A retroactive date is defined as the date that your design firm has had a professional liability policy…
Adding A New Driver Safe driving habits are always in season — especially when there’s a new driver on the road. When it’s time to add a teen driver to your auto insurance policy, consider Citizens deductible options and review the protection…
Defense in A/E Professional Liability Policy When your firm receives a claim the first step in the claim process it to set your firm up with defense counsel. The insurance company will set this up for your firm, most insurance…
Keeping Workers Warm Extreme cold can cause a number of health problems for employees during the winter months. Hypothermia and frostbite are just two conditions that may affect workers if the proper precautions are not taken. If workers must…
Professional Liability Limits of Liability for Architects/Engineers Our agency is often asked what is a good limit of liability for our Professional Liability policy. This can be a challenging to answer because it is hard to predict what types and…
Mid-term Increase of Architect’s/Engineer’s Professional Liability Limits Many Architects and Engineers have been carrying Professional Liability Limits of $1,000,000 each claim with a $2,000,000 annual aggregate for a number of years; but we are seeing…
Common Myths of Professional Liability Policies for Architects/Engineers A Professional Liability policy or errors and omissions policies have some nuances to be aware of. Here are some common issues with the policy and the answers to those issues: Even if…
CERTIFICATES OF INSURANCE: WHY YOU CAN’T ALWAYS HAVE IT YOUR WAY Design professionals are often asked by their clients to sign contracts that include comprehensive—sometimes unreasonable—insurance requirements and indemnification terms. These are usually drafted with the goal of protecting owners,…
Umbrella policy for architects/engineers explained- An umbrella policy provides an extra layer of limits of liability over policies such as general liability, automobile liability and employer’s liability. It is not uncommon for an architect/engineering firm to have an umbrella policy….
ae ProNet’s New Executive Director Lynda Colucci Per ae ProNet president Mark Jackson: Lynda will be assuming the position effective December 1 after her retirement from current employment. On behalf of the board and members of the Association, I…