Cyber Insurance Myths Putting your Business at Risk! Lack of education, emerging risks, and inconsistent policy language sow confusion in the cyber market. Two CNA experts debunk common but dangerous myths and offer facts in their article for Risk &…
Home Renovations If you’re planning a home renovation, you may want to call your insurance agent first because this decision can impact your homeowners insurance. Some home renovations will change the amount of coverage you need, while others could even…
Architects/Engineers Professional Liability By the Numbers Some interesting facts and statistics for design professionals- One – The most common policy term among architects/engineers for Professional Liability is one year. Some carriers offer multi year policies for different sized firms; however…
JOB SAFETY a/e ProNet August Newsletter talks about The Never-Ending Challenge of Job Safety. Click HERE to read the August newsletter.
Surplus Lines Professional Liability Policies for Architects/Engineers It is important to first understand what a surplus lines (non-admitted) policy is. Surplus lines is a policy that does not need not be filed with state insurance departments as a condition of…
What Does Cyber Liability Cover? The complexity of information systems in today’s marketplace can be just as daunting as the risks to the data handled by these systems. However, common causes of loss are being identified, making it easier to…
The Parts of a Professional Liability Policy for Architects/Engineers There are several sections of a Professional Liability policy, all of which your firm should be familiar with. Declarations pages – this is typically the first few pages of the policy…
Professional Liability Premiums The economy is experiencing growth at a consistent rate for the first time in a long time. With the uptick in business comes with it higher expenses for most companies, including professional liability premiums. It would make…
What does my design firm do in the event of a Professional Liability claim? There are several steps in the claims process for Professional Liability. The first step is report the claim to your Professional Liability insurance company or your…
Significance of a certificate of insurance for a certificate holder As an architect/engineer your clients may ask for proof of your insurance policies, such as Professional Liability, General Liability and Workers Compensation. The certificate of insurance provides information about the…