By: Ken McComb A while ago, I got a call for help from a producer who writes a growing engineering firm. This engineering firm secured a design contract on a large project. The prime design firm on this project had a contractual requirement that all sub-design firms...
What is the difference between defense and indemnification? What does is really mean when you agree to defend as well as indemnify? It means that long before any legal liability is established, you have an obligation to retain an attorney and mount a defense on your...
The protection offered by Project Insurance and Owners Protective Insurance is very similar. But the route the two policies take to arrive at that protection are very different. There are three routes an owner could take when insuring the design of a project: Option 1...
PDI would like to take a moment to recognize those who made the ultimate sacrifice in service to our country. Memorial Day began after the Civil War as a way to honor fallen soldiers and begin the healing process. It’s since become a National Holiday where a...
As a wholesale broker specializing in nothing but insurance for design professionals, we couldn’t agree more with the below blog article from a/e ProNet. Our staff has decades of experience working with underwriters in this arena, sometimes with the same...
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...
