Contractors’ services increasingly extend beyond construction into the design and management services typically performed by architects and engineers, and contractors that undertake these additional services require design professional liability (errors and omissions or EO) insurance. A recent survey by a retail insurance agency notes the need for contractors professional liability insurance (see here). More detailed information can be found here, particularly on slides 4-9. However, note that the list of markets contained in the presentation is incomplete. Underwriters surveyed estimate...
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