Errors and Omissions Insurance for General Contractors

Errors and Omissions Insurance for General Contractors

Errors and omissions (E&O) insurance protects professionals from mistakes in contracts, including items that were left out of the contract. When these items are discovered after the contract has been signed, it can result in a costly lawsuit. E&O insurance...
Small Projects Carry Risks Too

Small Projects Carry Risks Too

JUST A RABBIT? SMALL PROJECTS CAN BITE Who doesn’t love a good Monty Python reference? With our latest ProNetwork Newsletter, Just a Rabbit? Small Projects Can Bite, we’ve proven that the classic moments in Monty Python and the Holy Grail can be made analogous to...
Business Interruption & Business Expense Insurance

Business Interruption & Business Expense Insurance

BUSINESS INTERRUPTION AND BUSINESS EXPENSE INSURANCE While Business Property Insurance covers the cost of lost property, in many instances the loss caused by the interruption of business can exceed the amount of physical damage. Business Interruption generally...
Reviewing Hazardous Materials

Reviewing Hazardous Materials

How should I review hazardous materials found on the project site? Your contract for professional services should clearly state you are not responsible or liable for any hazardous materials found on the project site. Your contract for professional services should...
Indemnification & Duty to Defend

Indemnification & Duty to Defend

Indemnification & Duty to Defend These are terms we use everyday, and at first glance they seem pretty straightforward, but as is often the case in insurance, they can be quite complicated and nuanced. Here’s a few sections on indemnification and duty to...
Standard of Care

Standard of Care

Does utilizing construction contracts for design services impact my common law Standard of Care? Using a construction contract for design services may well alter a design firm’s Standard of Care, particularly if the construction contract contains warranties or...