Author Archives: mikehallandcompany
Design Firm Risk Management
Moonlighting by design firm employees is a risk management issue that should not be overlooked. A/E firms should have clear policies, which address volunteer services and moonlighting. These policies should be included in a firm’s employee manual and enforced. If … Continue reading
New Insurance Program Coming To Your State
Hall & Company will be introducing a new professional liability insurance program for design professionals in the states of Hawaii, Iowa, Missouri, Kansas, North Dakota, Nebraska and South Dakota. The program is offered through RLI Design Professionals and promises to … Continue reading
Risk Management Strategy
Effective project management should be considered your first and most important risk management strategy. The firm’s leadership is responsible to ensure that, 1) effective project management is embraced as a fundamental core value of the firm, 2) that project management … Continue reading
Webinar Recordings Added to Risk Management Library
As requested by design firms including engineers, architects, environmental consultants, land surveyors, construction managers and design build/firms, Hall & Company has just released the recordings for all past webinars. They are located in our Risk Management Library, where you will … Continue reading
Evaluating Your Professional Liability Insurance Broker
Professional Liability Insurance for Design Professionals
Mistakes are an unfortunate part of doing business, even for the most detailed -focused firm can have an error. Even more unfortunate is that these mistakes can have devastating consequences. To protect many professionals from the effects of any errors … Continue reading
Professional Liability Insurance Resource
Hall & Company has a great source of information on errors and omission insurance topics for all types of design firms, including engineers, architects, environmental consultants, land surveyors, construction managers and design build/firms. Hall and Company is an insurance brokerage … Continue reading
Design Professionals Insurance Policy
There are many coverage’s provided under the business owners policy designed for the Architet/Engineer insured. Here are just a few. § Valuable papers coverage: Usually the limit is around $100,000 but can be increased. This coverage protects the value of … Continue reading
How Much Will Professional Liability Insurance Cost?
The most common question Hall & Company receives from architects, engineers, land surveyors and design professionals that are considering starting their own practice is “How much will my professional liability insurance, aka errors and omissions insurance cost?” In 2010 Hall … Continue reading
Getting a Second Opinion on Professional Liability Insurance
Hall & Company frequently ask potential clients for the opportunity to develop comparative quotes for their professional liability insurance renewal. Often, the potential client will tell us they are not interested because they already have an agent who does a … Continue reading
Applying For Professional Liability Insurance
Professional liability insurance, http://www.hallandcompany.com ,aka errors and omissions insurance, protects your firm against claims and/or allegations of negligence, errors or omissions in your delivery of professional services. In order for an insurance company to evaluate and price their risk in insuring … Continue reading
What is Errors and Omissions Insurance?
Errors and Omissions Insurance helps protect our A/E firm clients from claims relating to an error or omission in providing professional services that can lead to a lawsuit. An error or omission can occur on almost any project. It doesn’t … Continue reading
How Your Professional Liability Premium is Determined
To those outside of the insurance industry it may appear that professional liability premiums are determined somewhat randomly by people with limited knowledge of the design professional liability. As a former underwriter turned broker, I am here to tell you … Continue reading