Why is it important that I read my firms architect/engineers Professional Liability policy? There are many reasons it is good to read over your Professional Liability policy, mostly so that you know what your firm’s coverage is on the policy….
Why is it important that I read my firms architect/engineers Professional Liability policy? There are many reasons it is good to read over your Professional Liability policy, mostly so that you know what your firm’s coverage is on the policy….
Insured Status Under the Contractor’s CGL Policy The issue of requiring protection for design firms by having them named as additional insureds on the general liability policies of contractors is complicated. Without the professional advice of an insurance consultant…
When should my design firm report a claim on a Professional Liability policy? This can be a tricky question because not all answers are straight forward as to when to report a claim. The most obvious answer is when you…
“Complying with all Laws”; Contract Language for Architects and Engineers One of the most difficult aspects of any design project for design professionals has nothing to do with the design itself, it has to do with the contract. Most…
Who is an insured under a Professional Liability policy for Architects & Engineers? This will be defined differently with each specific insurance company. Be sure you read the policy and understand the definition and how it relates to your firm. …
Marketplace – Strong Lineup of Insurance Companies in 2018 The Michigan Department of Insurance announced that consumers will continue to have a robust choice of insurance companies offering health insurance through the Marketplace for the 2018 plan year. According to…
Understanding Statutes in Colorado for Design Professionals The construction defect statutes are defined as follows: The statute of limitations operates to bar claims when a period of time has passed after the claim has arisen or an injury has resulted. The statute…
OPTIONAL HOMEOWNERS ENDORSEMENTS TO CONSIDER The majority of home owners have an insurance policy in place to cover their loses in the event of a claim. However, many home owners are not aware of other optional policy…
The importance of risk management in your design firm – Nobody wants to be involved in a claim, it is stressful and time consuming. The best way to try to elevate claims is to have good risk management practices in…
COLUMBUS DAY Monday, October 9, 2017 is Columbus Day – which is a state and federal holiday. The holiday started in 1792 as an Italian-American heritage celebration in New York. The day was declared a federal holiday in 1937 by…