of Carriers What every firm needs to Know
Takeaways
>>Survey indicates PLI rates
are likely to go up in 2012 and 2013.
Professional Liability Insurance Survey
2011
By Maureen Conley
about Purchasing Professional Liability Protection before Prices Go up
s
>>Increase in claims could
price some carriers out of the market. use qualifications-based criteria when shopping for coverage.
>>Carriers recommend firms
I
t is a buyer’s market for firms interested in purchasing Professional Liability Insurance (PLI), though rates are poised to rise in 2012, according to the 2011 ACEC/AIA/ NSPE annual Professional Liability Insurance survey of carriers. Industry watchers say competition among insurance carriers remains high, despite the fact that some providers have pulled out of the market, while still others have tightened underwriting requirements. >>
january / february 2012 enGIneerInG InC.
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Table of Contents for the Digital Edition of Engineering Inc - January/February 2012