arrow-1arrow-2arrow-ltcancel-fatcancel-thineditfacebooklinkedinmailmenunetworkplusrdg-monoRrdgRrsg-monorsgrsgum-monorsgumrt-monortsearchspinnertwitterusers

RT Specialty is proud to welcome All Risks to the RSG family effective September 1st, 2020!

OPPI Sits Excess of Engineer's Practice Policy

A project Owner hired a structural engineer to determine structural steel needed for a mixed-use project. The engineer used the incorrect code for this project resulting in higher structural steel costs. The Owner incurred $5,000,000 in additional costs due to the negligence of the structural engineer. The Owner asserted a claim against the structural engineer for those additional costs, however the engineer’s policy only had $2,000,000 in limits. The Owners Protective Indemnity policy sat excess of the engineer’s practice policy to cover the Owner’s remaining $3,000,000 in loss.

Find a Broker

Search by product, location, or name

Please Update Your Browser

Unfortunately Microsoft is no longer providing support or security fixes for your web browser. RT Specialty values the safety and security of its clients’ data, and as such this site requires the use of a modern web browser. To update your web browser, please see the links below. If you have any questions or would like additional information, please email info@rtspecialty.com or call (312) 784-6001.

Firefox Firefox Chrome Chrome IE Internet Explorer Edge Microsoft Edge