Dynamics of Managing Professional Liability Claims for Design Builders
Source: https://www.sdvlaw.com/, February 10, 2022
By: Eric M. Clarkson
Nearly half of America’s construction projects are now design-build in a continuing shift. As a result, contractors are taking on more professional liability (“PL”) risk than ever before, and the risk management landscape is changing. There are unique challenges to managing PL risks and claims. Specifically, PL coverage requires proactive claim management and project coordination. As a result, design-build projects should involve significant collaboration amongst all of the parties involved in the project. Read more.