architects & engineers News

Competition Softens Rate Hikes for Architects, Engineers in 2014: Survey

Although most insurers providing professional liability insurance for architects and engineers sought to raise rates last year, the size of the increases generally failed to meet their expectations. Nevertheless, nearly all leading insurers offering this specialty coverage did see premium …

Hill Program Managers, Berkley Custom Insurance Form Underwriting Agreement

Denver-based Hill Program Managers, LLC has formed an agreement to underwrite design professional liability coverage in conjunction with Berkley Custom Insurance Managers, a member company of W. R. Berkley Corp. Hill Programs will underwrite professional liability for architects, engineers, surveyors, …

W. R. Berkley Corp. Creates Berkley Design Professional Underwriters

W. R. Berkley Corp. has launched Berkley Design Professional Underwriters to focus on liability coverage for architects and engineers, nationwide. Products will be distributed through independent agents and underwritten on an admitted basis on behalf of W. R. Berkley Corp. …

Survey: Rate Increases Ahead for Architects, Engineers Despite Stable Market

For the second consecutive year, the insurance market for architects and engineers professional liability insurance continued its firming trend as a number of leading insurance companies providing this specialized coverage again achieved moderate price increases, according to a new survey …

Hiscox Enhances Professional Liability Product Portfolio

Hiscox has launched Hiscox Professional Liability Portfolio – a new product that offers ‘tailor made’ policy forms for certain client segments within its allied healthcare (AHC), architects & engineers (A&E) and miscellaneous professional liability (MPL) products. It also includes common …

General Star Adds Risk Management Hotline to A&E Program

General Star Management Co. has launched a “design professionals liability hotline” as an enhancement to its architects & engineers program, which is handled exclusively by program administrator Professional Coverage Managers in New York. Underwritten by the Professional E&O Division, coverage …

Planned USD Student Center Upgrade Sparks Copyright Lawsuit

A Massachusetts architectural firm has sued a competitor in South Dakota, accusing it of using the firm’s copyrighted designs in a planned upgrade to the University of South Dakota’s student center. Charles Rose Architects of Somerville, Mass., contends that RSA …