-Partners in Practice -
INSURANCE MARKET UPDATE	MAY 1996

We are very pleased to announce that PPIB, among some 4,000 independent brokers representing architects and engineers insured in the CNA/Schinnerer program, has been named 1996 A/E Choice Broker of the Year. The award is made in recognition of continuing excellence in this highly specialized area of expertise, extraordinary levels of client service, and sustained contributions to the growth of the architectural and engineering professions. A/E Choice is the Preferred Broker Advisory Panel for CNA/Schinnerer's industry-leading insurance and risk management programs for architects and engineers.

If you are currently insured in CNA/Schinnerer's Small Firm Program, you can work with a preferred specialist simply by choosing to do so. You do not have to wait until your renewal. You can change brokers at any time with a simple letter, and if you would like to discuss this possibility with us, please give us a call. We will be happy to tell you about PPIB, the unique services we offer, and how easy it is to select us to be your partner in practice.

If you are not currently insured in the CNA/Schinnerer Small Firm Program, you might want to consider the benefits to your firm. They are outlined below. You can investigate this program by simply requesting and faxing back our PPIB Fax Quote application. We would welcome the opportunity to introduce you to this unique response to the professional liability insurance concerns of small firms.

We are proud to serve more than 700 architectural and engineering clients in California, and we would be very pleased to have the opportunity to bring our expertise to bear on the risk management needs of your practice. Please feel free to give us a call if we can answer any questions you might have about the professional liability insurance marketplace or the specialized services available from PPIB.

Here are some of the unique benefits of the new CNA policy form:

• Automatic Design/Build coverage for your professional services on a design/build project, even where you are involved in construction or are in a joint venture with a construction contractor. Only the faulty workmanship in construction performed by you is excluded.
• Expanded pollution liability coverage for negligence in the performance of professional services after October 1, 1986.
• Expanded asbestos liability coverage including coverage for bodily injury claims.
• COMMITMENT PLUS profit sharing--CNA's commitment to cap its underwriting profit at 3% and return any difference to you.
• A mediation deductible credit of 50%, up to a maximum of $15,000, where claims are successfully resolved through voluntary mediation.
• Loss of earnings reimbursement of up to $250 per day ($5,000 per claim) to help mitigate the cost of participating in legal proceedings at the request of CNA.
• Voluntary reporting of circumstances, supported by pre-claims assistance at CNA's expense.

Add these benefits to the unique features of the Small Firm Program, and you are likely to find an unbeatable combination. If you qualify, here is what the CNA Small Firm Program can mean to you:

• Three year policy
•  
• Three year premium financing at below market rates
• $1,000 deductible
• First dollar defense coverage
• Full prior acts coverage for firms insured for at least one year
• Limit of liability options from $100,000 to $1,000,000
• Simplified two page PPIB Fax Quote application

How will you know if you qualify? If you meet the following eligibility criteria, you probably will:

1. Annual billings under $250,000
2. Seven or fewer employees
3. Principal who is a licensed architect or engineer
4. Not engaged in geotechnical, process, nuclear, marine, or mining engineering
5. Acceptable claims history

How can you find out for certain, and what will it cost? Simply ask us for a prompt PPIB Fax Quote. It should prove to be more than worth a small investment of time--especially if you are a growing firm. You can meet your professional liability insurance needs for three full years at today's highly competitive rates, and you can do it in a program commended by the AIA and the NSPE/PEPP and endorsed by the AIA Insurance Benefit Trust.

For inquiries or problems please contact us via e-mail at Earleen Thomas or call us directly at 800-705-7742.
© 2000 Hilb Rogal & Hobbs Professional Practice Insurance Brokers, Inc. All Rights Reserved. California License #0641361.