Insurers intend to raise prices of design professional liability insurance for a third consecutive year in 2024, according to a survey of 17 leading providers. Broker Ames & Gough, which conducted the ...
Businesses that provide services for a fee should have professional liability insurance, which is widely available. Many, or all, of the products featured on this page are from our advertising ...
While architects and engineers take responsibility for the safety of the buildings they design, they usually are not responsible for protecting the property or the people on-site during construction.
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What is professional liability insurance?
An insurance policy that service-related businesses need is professional liability insurance. Learn about what it covers and ...
In today’s construction industry, it is no secret that there is always increasing pressure to speed up schedules and to keep costs down. One key factor that can help achieve these goals is to increase ...
Most architects maintain $1 million or less in professional liability insurance, and the large firms typically carry no more than $5 million. Simple human mistakes, like miscalculating a structural ...
Autos, roads and design professional liability insurance remain pain points in an otherwise stable North American construction insurance market, reports Aon, the big brokerage. So are huge verdicts.
As a former claims handler and fraud investigator, Jason Metz has worked on a multitude of complex and multifaceted claims. The insurance industry can be seemingly opaque, and Jason enjoys breaking ...
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