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Re: E/O Insurance

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Scott Maxwell wrote:

. > You can try www.dpic.com.  The site will "point" you to a local agent.

just before McGraw-Hill Construction Mail wrote:

. > XL America Buys DPIC Renewals as Professional Liability Insurer Exits
. > (enr.construction.com)
. > In the wake of deteriorating finances at well-known professional 
. > liability insurer DPIC Cos. and its parent company, XL America Inc. has 
. > acquired the policy renewal rights for 11,000 architects, engineers and 
. > environmental consultants insured by the firm. The acquisition ends some 
. > uncertainty for DPIC's policyholders, but they may not all be picked up 
. > when policies expire.

>http://click.construction.com.email-publisher.com/maabGGtaa2j0ha4EeiQeaeL9GV/

So, one of the "Big Two" is discontinuing professional liabilty insurance for 
Architects and Engineers.  IIRC, this firm was created in the early 70's to 
provide competitive rates as an alternative to *the* big carrier, CNA/Victor 
O. Schinerer.  Does this mean that E&O rates for small structural firms will 
once again touch the 12 to 15 percent of gross annual billings as it once did?

Good Luck!

A. Roger Turk, P.E.(Structural)
Tucson, Arizona

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