ASCE Member Insurance Blog

Know the Limits of Your Contract

Posted on 4/15/2016 by ASCE Insurance in Construction Contracts Legal

General contractors and developers rarely have insurance covering construction defect claims, and they regularly become insolvent and/or judgment proof after a project is completed. Because of this, homebuyers often attempt to expand the duties of design professionals beyond those imposed by common law or agreed to in a contract. Illinois homebuyers recently attempted to expand the duties and attendant liability of design professionals by arguing the doctrine of implied warranty of habitability applies to design professionals.

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Effective Ways to Handle Claims

Posted on 4/15/2016 by ASCE Insurance in Claims Liability Reporting

When claims surface during an ongoing project, engineers are often under pressure to act quickly in order to prevent further damages. However, acting too hastily may jeopardize their insurance coverage. It’s imperative for the engineer to report claims to their professional liability insurance carrier immediately.

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