Engineering Inc. - January/February 2015 - (Page 21)

ANNUAL pRofessIonAl LIABILITY InsuRAnce InsunG Jeon/Getty ImAGes suRVey of cARRIeRs Market Stability Keeping Prices Low by maureen conley A fter years of uncertainty, insurance carriers who responded to the 2014 ACEC/NSPE/AIA/AIA Trust Professional Liability Insurance Survey of Carriers indicate that the market for coverage has stabilized. The softer market has prompted more carriers to consider offering coverage to U.S. engineering firms. With 50 to 60 carriers currently competing to sell PLI services to design professional firms, John Farrar, vice president at Clark Dietz Engineers and a member of the ACEC Risk Management Committee, says firms looking to acquire PLI insurance or switch to another insurance provider can expect attractive rates. >> jaNuaRy / fEbRuaRy 2015 ENGINEERING INC. 21

Table of Contents for the Digital Edition of Engineering Inc. - January/February 2015

Engineering Inc. - January/February 2015
From Acec to You
Legislative Action
Market Watch
The Business Case for Diversity
Closing the Gender Gap
Market Stability Keeping Pli Prices Low
2015 Legislative Scorecard
Made to Market
2014 Fall Conference Highlights
2015 Annual Convention Preview
Risk Management
Business Insights
Members in the News
Mergers and Acquisitions

Engineering Inc. - January/February 2015