Eight of 15 designer liability insurers reported in a recent survey that they started charging higher rates in 2025, but five insurers kept rates the same and two actually lowered them. Of those that ...
Insurance premiums for architects and engineers professional liability stabilized in 2015 after three straight years of moderate increases. Insurers also plan to hold the line on rates this year, ...
The Navigators Group, Inc. (NASDAQ:NAVG) announced that its principal underwriting agency subsidiary, Navigators Management Company, Inc., has expanded its Professional Liability division by hiring a ...
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What is professional liability insurance?
As a business professional, you’re responsible for the knowledge, expertise and services you provide to clients. As a result, clients can take legal action against you and your company when they ...
In January 2022 Donovan Hatem LLP (Now MG+M The Law Firm) established a Task Force consisting of professional liability insurance underwriters, brokers, engineers and architects, and lawyers ...
When a client asks for design alterations, perhaps requiring a structural condition assessment (SCA), your firm’s professional liability can increase significantly. Here is a fictional, but ...
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Engineers' liability for professional negligence
The concept of professional negligence is not novel, and while it's most common in the medical field, it has also been seen in other areas like construction and the arts, where engineers and ...
Malpractice insurance, professional liability insurance (also called professional indemnity insurance), and errors and omissions (also called E&O insurance) are closely related. But what should you ...
In any industry, there are a variety of liabilities that a business can face. Among the different kinds of insurance plans that professionals can make use of, they might overlook professional ...
Professional liability insurance covers legal costs and settlements for service-related negligence. It's essential for advisors like lawyers and doctors, particularly with high risk of client claims.
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