Attention architects and engineers!
Did you know that many insurers of professional liability for architects and engineers in the U.S. are planning to increase rates in 2023?
This is due to rising claims costs, worker shortages, and supply chain disruptions.
High-risk projects and disciplines like condominiums, schools, and structural and geotechnical engineering will likely be targeted.
But don’t worry; you can take steps to reduce your risk exposure and prevent claims.
Read the full Eddy Insights issue in the comments link to learn more about sound risk management practices, the rise of social inflation, and how to ensure a sustainable industry for the future.
