WebAug 28, 2024 · Wendy Testa is a co-chair of the firm’s Design Professional Liability and Complex Tort & General Casualty practices. She engages … WebMar 15, 2024 · Contractors Professional Liability policies are universally written on a claims-made and reported coverage form. This means the policy that will respond to a claim is the one in force when the claim is made, not the policy in force on the date when an “occurrence” takes place.

Contractors: Do You Need Professional Liability Coverage?

WebAdditional Information. Generally, such policies are designed to cover financial losses rather than liability for bodily injury (BI) and property damage (PD). WebApr 4, 2024 · General liability insurance is the foundation of risk management not only for construction businesses but for almost any small business, as it offers protection from … hot tub water cloudy green

What is a construction defect and are you liable for it?

WebOct 23, 2015 · Management liability is the term commonly used to describe a package of various insurance policies designed to protect a corporation and its directors and officers. This package protects your facility and it's employees against circumstances not covered under a traditional commercial general liability policy. WebMay 1, 2000 · Noncancelable coverage, premium, and limits are dedicated to the project. Single source of responsibility for claims. The ability to sponsor a projectwide professional liability risk management program. Coverage for all professional consultants including design work delegated to contractors. Owner can be named as an additional insured. WebJan 12, 2024 · Specialties: Construction defect litigation; insurance defense and coverage; transportation; premises liability; amusements, sports and recreation; hospitality, entertainment and leisure; mass ... hot tub spa for backyard