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The Significance of E&O Insurance for Designers, Architects, and Engineers

Designers, architects, and engineers work to transform visions into reality. Designing plans for new buildings requires you to consider many details at every stage. Mistakes may happen, or clients may be displeased. Professional liability coverage...

Common Types of Professional Liability

Professional liability protection is crucial regardless of your business’s industry. When you run into problems with omissions, negligence, or errors when providing professional services, you may have to deal with expensive lawsuits and damage to...

8 Ways to Reduce Professional Liability Mistakes

Professional liability is a part of running a business, and every owner should prepare to deal with it. As experienced and skilled as your team may be, mistakes are always risky. Unfortunately, errors can lead...

Professional Liability Mistakes To Avoid That Could Hurt Your Company

Professional liability mistakes could hurt your company if you do not keep an eye on potential hazards that could damage your entity. Keeping your company running requires you to wear multiple hats and juggle various...

Mistakes That Entrepreneurs Make That Can Cost Them

It is noteworthy to understand the mistakes that entrepreneurs make that can cost them dearly in the long run while running a business. Though rewarding, entrepreneurship isn't without risks. The majority of small businesses fail...

How to Avoid Miscommunications with Clients

For any business, communication is one of the most important factors when it comes to building a great relationship with clients. Business leaders should be able to cultivate a well-working relationship with their clients that...

Made a Mistake with a Customer? Here’s How to Rectify the Situation

While all businesses wish they could operate without any blemishes on their record, it’s just a simple fact that mistakes do happen. Issues with customers can arise at any moment, so having a game plan...

How to Professionally Handle a Dispute with a Client

When a new business relationship is created, one thing that may not be factored into planning or outlook is the potential for conflict to arise between business partners. Client conflicts and problems within a project...

What Causes Professional Liability Insurance Claims?

Small businesses of all kinds are sued every year over mistakes made. These could be intentional or, in most cases, unintentional. In fact, the U.S. Chamber Institute for Legal Reform reported that 43 percent of...

A Primer on Professional Liability Insurance

Any business that provides a professional service or advice to other businesses or individuals could find themselves in the middle of a legal battle at some point. While operating with a great deal of fear...