By Susanne Scalfane, managing editor, National Underwriter P&C
An exclusion for claims arising from representations and warranties--which is contained in most professional liability insurance policies--could present real problems for architects involved in green-building design, warned one insurance brokerage that has taken steps to close that exposure gap.
Indeed, removing the exclusion is one key function of an endorsement crafted last year by Argo Insurance Brokers in Pleasant Hill, Calif., to customize professional liability or errors and omissions policies for architects, engineers, consultants and design professionals who work on green buildings.
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