Engineering Inc. - Winter 2020 - 31
WARNING
SIGNS
AHEAD?
RONNIECHUA/GETTY IMAGES
BY STACY COLLETT
N
INDICATORS HINT OF FUTURE
TIGHTENING IN THE PLI MARKET,
WHILE CLIMATE CHANGE-RELATED
CLAIMS ARE PREDICTED TO RISE
either last year's wildfires, hurricanes, nor major flooding could shake the professional
liability insurance (PLI) market from its steady course. Insurance carriers representing about
90 percent of ACEC Member Firms say the PLI market is relatively unchanged from last
year, with premiums holding steady and carriers eager to increase market share. Many carriers have added more coverage options and perks, while others have increased liability limits.
But there are some warning signs that the status quo may be coming to an end, although
the timeline remains murky, according to the 2019 PLI Survey of Carriers conducted in
October 2019 by the ACEC Risk Management Committee in cooperation with the National
Society of Professional Engineers, the American Institute of Architects, and the AIA Trust.
Indicators, such as a rise in the severity of claims, new low-premium carriers that will soon
start paying out claims, and upticks in other insurance markets, all point to a tightening of
the PLI market in perhaps one to three years.
WINTER 2020
ENGINEERING INC.
31
Engineering Inc. - Winter 2020
Table of Contents for the Digital Edition of Engineering Inc. - Winter 2020
Engineering Inc. - Winter 2020
Contents
FROM ACEC TO YOU
MARKET WATCH
LEGISLATIVE ACTION
THE PRIVATE SIDE
GROWTH CONTINUES IN LIFE AND HEALTH SCIENCES SECTOR
TRANSIT-ORIENTED DEVELOPMENTS ON THE FAST TRACK
PRESIDENTIAL CANDIDATES DISCUSS INFRASTRUCTURE
FAIR WARNING
ACEC OKLAHOMA PROFILE
CULTIVATING STEM
IN THE NEWS
MERGERS AND ACQUISITIONS
RISK MANAGEMENT
MEMBERS IN THE NEWS
Engineering Inc. - Winter 2020 - Intro
Engineering Inc. - Winter 2020 - Engineering Inc. - Winter 2020
Engineering Inc. - Winter 2020 - Cover2
Engineering Inc. - Winter 2020 - Contents
Engineering Inc. - Winter 2020 - 2
Engineering Inc. - Winter 2020 - 3
Engineering Inc. - Winter 2020 - FROM ACEC TO YOU
Engineering Inc. - Winter 2020 - 5
Engineering Inc. - Winter 2020 - MARKET WATCH
Engineering Inc. - Winter 2020 - 7
Engineering Inc. - Winter 2020 - LEGISLATIVE ACTION
Engineering Inc. - Winter 2020 - 9
Engineering Inc. - Winter 2020 - THE PRIVATE SIDE
Engineering Inc. - Winter 2020 - 11
Engineering Inc. - Winter 2020 - 12
Engineering Inc. - Winter 2020 - 13
Engineering Inc. - Winter 2020 - 14
Engineering Inc. - Winter 2020 - 15
Engineering Inc. - Winter 2020 - 16
Engineering Inc. - Winter 2020 - 17
Engineering Inc. - Winter 2020 - GROWTH CONTINUES IN LIFE AND HEALTH SCIENCES SECTOR
Engineering Inc. - Winter 2020 - 19
Engineering Inc. - Winter 2020 - 20
Engineering Inc. - Winter 2020 - 21
Engineering Inc. - Winter 2020 - TRANSIT-ORIENTED DEVELOPMENTS ON THE FAST TRACK
Engineering Inc. - Winter 2020 - 23
Engineering Inc. - Winter 2020 - 24
Engineering Inc. - Winter 2020 - 25
Engineering Inc. - Winter 2020 - PRESIDENTIAL CANDIDATES DISCUSS INFRASTRUCTURE
Engineering Inc. - Winter 2020 - 27
Engineering Inc. - Winter 2020 - 28
Engineering Inc. - Winter 2020 - 29
Engineering Inc. - Winter 2020 - 30
Engineering Inc. - Winter 2020 - FAIR WARNING
Engineering Inc. - Winter 2020 - 32
Engineering Inc. - Winter 2020 - 33
Engineering Inc. - Winter 2020 - 34
Engineering Inc. - Winter 2020 - 35
Engineering Inc. - Winter 2020 - ACEC OKLAHOMA PROFILE
Engineering Inc. - Winter 2020 - 37
Engineering Inc. - Winter 2020 - 38
Engineering Inc. - Winter 2020 - 39
Engineering Inc. - Winter 2020 - CULTIVATING STEM
Engineering Inc. - Winter 2020 - 41
Engineering Inc. - Winter 2020 - 42
Engineering Inc. - Winter 2020 - 43
Engineering Inc. - Winter 2020 - IN THE NEWS
Engineering Inc. - Winter 2020 - 45
Engineering Inc. - Winter 2020 - MERGERS AND ACQUISITIONS
Engineering Inc. - Winter 2020 - 47
Engineering Inc. - Winter 2020 - RISK MANAGEMENT
Engineering Inc. - Winter 2020 - MEMBERS IN THE NEWS
Engineering Inc. - Winter 2020 - 50
Engineering Inc. - Winter 2020 - 51
Engineering Inc. - Winter 2020 - 52
Engineering Inc. - Winter 2020 - Cover3
Engineering Inc. - Winter 2020 - Cover4
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