Architect Professional Liability insurance Archives

Social Inflation: How Today’s Rising Claim Costs Affect Tomo…

December 15, 2025

Today’s insurance premiums aim to reflect tomorrow’s predicted costs. Actuaries and underwriters continuously assess risk to forecast future costs. But what happens when claim costs grow at an exponential rate?…

The High Cost of Silence: How Communication Breakdowns Drive…

Insurance

October 6, 2025

In the design and construction industry, the most expensive claims are often not the result of major design flaws or structural failures. Instead, a significant portion of claim costs can…

Getting Paid Without Inviting Litigation

Insurance

June 23, 2025

Fee disputes in the design professional industry are not a new phenomenon, but their prevalence has noticeably increased in recent years. Several factors contribute to this rise, including economic fluctuations,…

Top 5 in ‘25 Management Practices for Architect & Engin…

Insurance

April 14, 2025

Design Professionals face unique risks that can lead to professional liability claims. Their work directly impacts public safety, client satisfaction, and project outcomes. Given the complexities of their responsibilities, implementing…

The Rise Of AI In Social Engineering: What You Need to Know

Insurance

March 10, 2025

The Evolution of Social Engineering: From Ancient Deception to AI-Driven Threats Social engineering, an age-old practice, has evolved with technology, posing significant cybersecurity threats. It is a significant threat in…

CONDO PROJECTS: UNMASKING THE RISKS AND CONTRACTUAL PROVISIO…

Insurance

February 3, 2025

Why are insurance carriers reluctant to insure design professionals on condo projects? Approximately 16% of Great American’s total gross incurred for design professional claims were for condo project claims, despite…

CONDOMINIUM CASE STUDY

Insurance, Risk Management

December 30, 2024

Great American’s Risk Management Department often receives inquiries from our insureds regarding the pros and cons of engaging in condominium projects. Recently, we received a question about entering a project…

Timely Tips for Avoiding Delay Claims

Insurance

August 12, 2024

When Benjamin Franklin coined the phrase “Time is money,” it was not directed toward design professionals. However, unfortunately for design professionals this adage rears its ugly head in the form…

Roadway Projects and Bodily Injury Claims

Risk Management

May 31, 2024

In 2023, Great American’s Risk Management Newsletter Series focused on contract provisions and ways to tighten your contract language to best protect you and your firm. This year we will…

Reporting a Potential Claim

Insurance, Risk Management

May 13, 2024

Reporting a Potential Claim It is very important to report a potential claim or situation to your professional liability carrier as soon as you receive notice. Notice can be a…

It’s Just An Application For Payment Right?

Insurance, Risk Management

April 29, 2024

Like many things you may not have covered extensively (or at all) in architecture school, certifying the Contractor’s application for payment is an underemphasized but critical component of an Architect’s…

GREAT AMERICAN 2023 RESOLUTION CHALLENGE TAKE 2: A BETTER CO…

Insurance, Risk Management

April 10, 2023

A BETTER CONTRACT Drink more water. Spend less money. Establish an exercise regimen. We all made these cliched New Year’s resolutions to better ourselves as we entered the new year…

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Insurance

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(Michigan Only)

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Automobile

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Architect Professional Liability insurance

The High Cost of Silence: How Communication Breakdowns Drive…

Getting Paid Without Inviting Litigation

Top 5 in ‘25 Management Practices for Architect & Engin…

CONDO PROJECTS: UNMASKING THE RISKS AND CONTRACTUAL PROVISIO…

CONDOMINIUM CASE STUDY

Timely Tips for Avoiding Delay Claims

Roadway Projects and Bodily Injury Claims

Reporting a Potential Claim

It’s Just An Application For Payment Right?

GREAT AMERICAN 2023 RESOLUTION CHALLENGE TAKE 2: A BETTER CO…

Commercial Insurance

Professional Liability

Business Owners Coverage

Workers Compensation

More Selections

Personal Insurance (Michigan Only)

Homeowners

Automobile

Umbrella

Recreational Vehicles

Architect Professional Liability insurance

Commercial
Insurance

Personal Insurance
(Michigan Only)