Tag Archives: engineers

Why Architects and Engineers Need Errors and Omissions Insurance

Why Architects and Engineers Need Errors and Omissions Insurance E&O Insurance Responds to Claims of Negligence, Mistakes

Architects and engineers, as with any other type of professional, are relied upon for their expertise, years of experience and ability to get a project done. A homeowner looking to undergo major renovation, including moving walls to accommodate a bigger kitchen or dining area, requires the expertise of an engineer to determine if this is feasible and will not damage the structure …

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Inside an E&O Insurance Policy

Inside an E&O Insurance PolicyAdditional Features Available in Errors and Omissions Insurance

Errors and Omissions (E&O) insurance, or Professional Liability as it’s also known, is required for professionals to protect themselves against claims that involve allegations that the work performed or services provided caused a client to suffer a financial loss. This coverage is needed as a General Liability policy does not provide for such claims.

Professionals who typically require E&O insurance include accountants

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E&O: New Florida Law May Limit Individual Liability for Design Professionals

E&O New Florida Law May Limit Individual Liability for Design ProfessionalsStatute Provides Limited Statutory Immunity to Design Professionals

Under a new Florida statute, which is effective July 1, 2013, design professionals in the Sunshine State may contractually limit their individual liability for negligence occurring within the scope of their employment. Design professionals are architects, interior designers, landscape architects, engineers, surveyors or geologists as defined under Florida’s law.

Under prior law, design professionals could be individually liable for damages …

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