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Professional Liability Blog

We explore and analyze current issues and relevant topics to help accountants, attorneys, architects and engineers, insurance agents and real estate brokers avoid a professional liability case.

Professional Liability Blog
July 18, 2022

Tail Insurance: What It Is And Why You Need It

Claims made coverage started being issued by insurers to professionals in the 1990’s. Before then, only occurrence triggered policies had been issued. The popularity of the coverage was partly because claims made coverage was considerably cheaper than occurrence coverage. Why?Simply because the claims-made and reported coverage provided less coverage for the professional. 

Professional Liability Blog
October 19, 2020

Beware of Reach of Engineering Evaluations

At the request of the developer of 21 Christian Condominium Association (“Developer”), Pioneer did a property condition assessment (“PCA”) of a 12-story residential structure.  The developer then provided the PCA to all prospective condominium purchasers.  The 21 Christian Condominium Association (“Association”), on behalf of its members, later sued Pioneer for negligent misrepresentation in the preparation of the PCA.  After the circuit court granted summary judgment for Pioneer, the appellate court reversed and held Association had adequately pled the elements of negligent misrepresentation,