In the world of claims-related contract clauses for design professional agreements, the indemnity and defense clauses get all the attention. However, lurking in the shadow of the indemnity clause is a menacing cousin with potentially even greater and more frequent...
We specialize in insuring design build professionals, but our misc E&O programs can cover a wide variety of firms with sales up to $1,000,000. Here’s a partial list of the business classes we can insure. Don’t see one you’re looking for? Give us...
Insuring design-build accounts entails understanding factors that are somewhat unique in the realm of insurance. Here’s an article from IRMI that does a good job of explaining some of the basic issues, namely: 1.) Risk Transfer is not enough – no one...
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...
At a panel for the NC Bar Association Construction Law Winter Meeting, attorney Melissa Brumback and her colleagues discussed insurance issues for design professionals. One hot topic was the way architects and engineers can inadvertently invalidate their insurance by...
PDI is a proud member of a/e ProNet and we frequently refer our retail agents to resources made available by them. One such resource was in the February issue of their newsletter titled: Template of Reasonable Contract Clauses for Design Professionals It’s a...
