Author Archives: mikehallandcompany

About mikehallandcompany

Hall & Company provides Professional Liability Insurance to Architects, Engineers and Environmental Consultants. We are an independent insurance broker and specialize in Professional Liability Insurance / E&O Insurance. We currently provide Professional Liability Insurance to about two thousand design firms nationwide. In addition to Professional Liability Insurance and E&O Insurance we also offer the full array of insurance products including a customized ‘Business Owner’ Package’ that meets the property casualty coverage needs of engineers and architects.
Mar 08

Design Firm Risk Management

Moonlighting by design firm employees is a risk management issue that should not be overlooked. A/E firms should have clear policies, which address volunteer services and moonlighting. These policies should be included in a firm’s employee manual and enforced. If … Read More

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Mar 06

New Insurance Program Coming To Your State

Hall & Company will be introducing a new professional liability insurance program for design professionals in the states of Hawaii, Iowa, Missouri, Kansas, North Dakota, Nebraska and South Dakota.   The program is offered through RLI Design Professionals and promises to … Read More

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Feb 29

Risk Management Strategy

Effective project management should be considered your first and most important risk management strategy. The firm’s leadership is responsible to ensure that, 1)    effective project management is embraced as a fundamental core value of the firm, 2)    that project management … Read More

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Feb 27

Webinar Recordings Added to Risk Management Library

As requested by design firms including engineers, architects, environmental consultants, land surveyors, construction managers and design build/firms, Hall & Company has just released the recordings for all past webinars. They are located in our Risk Management Library, where you will … Read More

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Feb 22

Evaluating Your Professional Liability Insurance Broker

Insurance exposures and coverages for design professionals are very different from main street business. Similar to selecting a physician for important medical care services, you will find brokers who are generalists or who claim to be specialists. Protecting your design … Read More

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Feb 15

Professional Liability Insurance for Design Professionals

Mistakes are an unfortunate part of doing business, even for the most detailed -focused firm can have an error.  Even more unfortunate is that these mistakes can have devastating consequences.   To protect many professionals from the effects of any errors … Read More

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Feb 06

Design Professionals Insurance Policy

There are many coverage’s provided under the business owners policy designed for the Architet/Engineer insured. Here are just a few. §  Valuable papers coverage: Usually the limit is around $100,000 but can be increased. This coverage protects the value of … Read More

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Jan 20

How Much Will Professional Liability Insurance Cost?

The most common question Hall & Company receives from architects, engineers, land surveyors and design professionals that are considering starting their own practice is “How much will my professional liability insurance, aka errors and omissions insurance cost?” In 2010 Hall … Read More

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Jan 09

What is Errors and Omissions Insurance?

Errors and Omissions Insurance helps protect our A/E firm clients from claims relating to an error or omission in providing professional services that can lead to a lawsuit. An error or omission can occur on almost any project. It doesn’t … Read More

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Jan 03

Applying For Professional Liability Insurance

Professional liability insurance, aka errors and omissions insurance, protects your firm against claims and/or allegations of negligence, errors or omissions in your delivery of professional services. In order for an insurance company to evaluate and price their risk in insuring … Read More

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Dec 29

What is Errors and Omissions Insurance?

Errors and Omissions Insurance helps protect our A/E firm clients from claims relating to an error or omission in providing professional services that can lead to a lawsuit. An error or omission can occur on almost any project. It doesn’t … Read More

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Dec 20

How Your Professional Liability Premium is Determined

To those outside of the insurance industry it may appear that professional liability premiums are determined somewhat randomly by people with limited knowledge of the design professional liability. As a former underwriter turned broker, I am here to tell you … Read More

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