Benefit from Selecting the Right Professional Liability Broker
Benefit from Selecting the Right Professional Liability Broker
June 22, 2017

For design professionals, finding the right insurance broker can present a challenge. You need someone with ample experience handling the professional liability needs of architects and engineers, and who offers a wealth of value-added services. Only if your broker has a comprehensive understanding of what you and your firm are all about can he or […]

Read More
Indemnity Relief Coming to California Design Professionals
Indemnity Relief Coming to California Design Professionals
May 03, 2017

On April 27, 2017, Governor Jerry Brown signed Senate Bill 496 (“SB-496”) into law. SB-496 will significantly lessen the burden of indemnity provisions and the dreaded immediate duty to defend in both public and private contracts with design professionals. Efforts to obtain passage began several years ago and were spearheaded by the hard work of the […]

Read More
SmartRisk Checklist Can Help Your Firm Shore Up Cybersecurity
SmartRisk Checklist Can Help Your Firm Shore Up Cybersecurity
March 20, 2017

Architecture and engineering firms are still learning how to cope with a growing cybersecurity threat. According to this year’s Global Application and Network Security Report from Radware, nearly half of all companies experienced a cyber ransomware attack in 2016. Vulnerability to loss of personal data, exposure of sensitive or proprietary information, etc., is also on […]

Read More
Design Professionals and the Give-and-Take of
Design Professionals and the Give-and-Take of "Standard Contracts"
October 04, 2016

The word standard implies many things. A bar to be cleared; a rubric to be followed. But for design professionals, the word becomes tricky when applied to contracts. Project owners often want to keep things simple by requiring so-called Standard Contracts for all parties. This is a problem for architects and engineers, especially from an […]

Read More
Demanding General Contractors and How to Meet Them Halfway
Demanding General Contractors and How to Meet Them Halfway
August 24, 2016

Some of the most frequently asked questions we hear are triggered by the disparities between the insurance coverage available to design professionals and the demands made for coverage by general contractors and their standard contracts.   This is a nuanced area, and you should call your local a/e ProNet broker if you have specific questions. In the […]

Read More
Certificates of Insurance:  Why You Can’t Always Have It Your Way
Certificates of Insurance: Why You Can’t Always Have It Your Way
August 05, 2016

Design professionals are often asked by their clients to sign contracts that include comprehensive—sometimes unreasonable—insurance requirements and indemnification terms.  These are usually drafted with the goal of protecting owners, clients, contractors, or other project participants.  But how does this work when the required coverages aren’t found in the commercial insurance marketplace? Certificates of insurance (COIs)—which […]

Read More
Are Hackers a Threat to My Design Firm?
Are Hackers a Threat to My Design Firm?
May 04, 2016

Hackers make headlines daily with targets ranging from major Swiss banks to Minecraft users to German nuclear power plants. But what are the risks to architects and engineers? Professional Liability carrier Victor O. Schinnerer urges design professionals to Take Cyber Liability Exposures Seriously in a recent blog post: Cyber liability problems that have disrupted firm operations often […]

Read More
2015 ACEC Professional Liability Insurance Survey of Carriers in Engineering, Inc.
2015 ACEC Professional Liability Insurance Survey of Carriers in Engineering, Inc.
March 29, 2016

Design firms preparing to purchase or renew professional liability insurance ask the same few questions every year. How will my professional liability premium be calculated? Will my professional liability premium go up? Should I change professional liability insurance companies? One helpful resource to answer these questions is the 2015 Professional Liability Insurance Survey of Carriers, a report […]

Read More
The Down-Low on Broker-Verification Questionnaires
The Down-Low on Broker-Verification Questionnaires
March 02, 2016

In what attorney Brian Stewart calls a “disturbing trend,” more and more project owners design professionals to procure separate questionnaires from their insurance brokers. These “broker-verification questionnaires” are meant to re-state or re-affirm the limits, exclusions, etc. of the relevant insurance policies to the project.  If you’re an architect or engineer who has met push-back […]

Read More