Most professional liability insurers covering architects and engineers (A/E) achieved varied premium growth last year as the U.S. construction industry remained resilient during the COVID-19 pandemic. Yet, worsening claims experience is prompting these insurers to seek larger rate increases, according …
Berkshire Hathaway GUARD Insurance Companies has expanded the list of states the company offers its architects and engineers professional liability product to include Colorado, Kansas, and Wisconsin. With these three states, the company now offers this line in half the …
A high-rise tower caught fire Tuesday in the United Arab Emirates and authorities said it wasn’t immediately clear what caused the blaze. The sides of the 48-floor Abbco Tower in Sharjah saw flames shoot up them. The city neighbors Dubai. …
A balcony inside a nightclub in South Korea collapsed on Saturday, killing two people and injuring 16, including American and other athletes at the world swimming championships, officials said. Hundreds were at the nightclub in the southern city of Gwangju …
Hudson Insurance Group has unveiled a new national architects & engineers professional liability insurance program that will be available exclusively through Professionals’ Best Underwriters. Beginning June 1, 2019, this product will be distributed by Professionals’ Best Underwriters’ limited network of …
QBE North America has formed a strategic program underwriting alliance with Huntersure LLC, to offer its professional liability coverage for small to mid-size architectural, engineering and contractor businesses nationwide through Huntersure. The coverage will be provided on a non-admitted basis …
Worldwide Facilities has been appointed by CBIC, an RLI Company, to offer its insurance program for design professionals. The program’s target classes include architectural firms, landscape architects, civil and structural engineers, surveyors, and interior designers. Construction and project management consultants …
Berkley Design Professional (Berkley DP), a division of Berkley Alliance Managers, a Berkley Company, has enhanced its coverage for the architects & engineers professional liability segment with a new “Per Project Primary Limits” coverage for design firm customers. This new …
