ConstructionRisk Report (February 2026)
Inside this Issue A1 – State Law Requirements for Affidavits of Merit Don’t Apply to Federal Litigation A2 – Plaintiff not Required to File Mediation Request before Filing Suit Article 1 State…
Read MoreClaims
Social Inflation: How Today’s Rising Claim Costs Affect Tomo…
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?…
Read More
The High Cost of Silence: How Communication Breakdowns Drive…
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…
Read More
Top 5 in ‘25 Management Practices for Architect & Engin…
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…
Read More
CONDO PROJECTS: UNMASKING THE RISKS AND CONTRACTUAL PROVISIO…
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…
Read MoreCONDOMINIUM CASE STUDY
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…
Read More
Contractor Deviates From Design: What Can You Do?
As we continue our series on common claim situations arising from specific project types, we must discuss projects where the general contractor deviates from design plans. It is a tale…
Read More
BUILDERS AND DESIGNERS BEWARE: IT’S GETTING HARDER TO HIDE B…
When you get the dreaded summons in the mail notifying you of a suit with allegations of negligence and defective design and construction on a recent project, you notify your…
Read More
Delay Claims: Introduction
The timely delivery of professional services is crucial for all clients on all projects. When a project’s timeline is extended, a specific category of damages comes into play, delay damages. …
Read More
How to Respond to Claims Questions in the RFP
One of the insurance carriers that we work with, Berkley Design Professionals has provided information on what to do when there are claims questions in an RFP.You’ve done a great…
Read MoreBuilders and Designers Beware: It’s Getting Harder to Hide B…
Corporate Veil When you get the dreaded summons in the mail notifying you of a suit with allegations of negligence and defective design and construction on a recent project, you…
Read MoreCase Study: Should You Be Performing Home Inspections As A D…
Home Inspections You may be or have been approached by family member, friend, colleague or client prospect to perform a home inspection in conjunction with the purchase of a home.…
Read More