2015
Professional
Liability
Insurance
Survey of
Member Firms
for F.Y. 2014
Bustling economy means
rates low, competition high
By Maureen Conley
T
he economic recovery is
well underway according
to the recently conducted
ACEC Professional Liability
Insurance (PLI) Survey of
Member Firms for Fiscal Year
2014.
Three of five respondents (63 percent)
report that revenues increased in 2014, a
slightly higher growth rate than the previous
year and well above the 35 percent in
2010-"a clear sign that the marketplace
continues to recover," says Jim Messmore,
senior vice president at Hanson Professional
Services, Inc., and chair of the ACEC Risk
Management Committee.
>>
JULY / AUGUST 2015
ENGINEERING INC.
27
KLAUS VEDFELT/GETTY IMAGES
Buyer's
Market
Table of Contents for the Digital Edition of Engineering Inc. - July/August 2015