Why do geoprofessionals need professional-liability insurance (PLI)? That’s one of five fundamental issues addressed in this GBA Best Practices monograph titled “Professional-Liability Insurance Basics.” Although it’s designed to be particularly helpful for younger practitioners who are being introduced to some of the business aspects of their professional activities, it can be a good refresher for some “old hands,” too.
BCAR, claims, confirmation-dependent recommendations, constructor-in-charge, contractual liability, duty of care, financial size, financial strength, personal liability, observational method, Peck, residential risks, Terzaghi, Terra Insurance Company