Compliance with Law Clause A “compliance with laws” provision requires that both parties to a contract must comply with the applicable laws with respect to some core aspect of the contract. These types of provisions are common in commercial leases….
Additional Insured Endorsements on General Liability Policies Not all additional insured endorsements are the same, each insurance company has their own endorsements or the language may even be included in the policy rather than added by endorsement. Example one: Additional…
Cyber For Homeowners We get it – understanding how to best protect yourself online can be confusing. That’s why The Hanover believes that cyber protection begins at home. See what The Hanover’s cyber coverage for homeowners does and why it’s so…
Choosing Limits on Policies for Architects/Engineers It can become difficult to know what limits on policies that make sense for your firm. It will vary from policy to policy and the size of your firm. Workers compensation limits will depend…
Keys to a Successful Safety Program Safety is an intricate part of every operation or department within any organization. Many organizations have reduced their injury rates by implementing safety programs as an integral part of their overall risk management operation. Top…
Understanding ‘claims expenses’ on a Professional Liability policy for architects/engineers- Claims expenses are the costs involved in defending your architecture/engineering firm’s claim or circumstance. First it is important to understand what a claims expense is on a professional liability policy….
ADDITIONAL INSURED STATUS ON PROFESSIONAL LIABILITY POLICIES Some clients of design professionals think they can be better protected against third-party claims by being included as a named insured or as an additional insured on a design firm’s professional liability policy….
Can my architecture/engineering firm switch Professional Liability insurance companies? There are several answers to this question when it comes to switching insurance companies. Yes your firm can switch at renewal time. There are a few items to be aware of…
ACEC Economic Impact Report We all know how much the engineering industry affects the world we live in, but when you apply real numbers to the work that is being conducted, the impact that the Engineering world has on all…
Common Exclusions on the Architects/Engineers Professional Liability Policy Here are a list of some exclusions and the sample language from policies. Cost to repair or replace faulty workmanship This policy does not apply to any Claim based upon or arising…