PL coverage for +$1bn infrastructure projects to reduce in 2022: Lockton
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PL coverage for +$1bn infrastructure projects to reduce in 2022: Lockton

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Architects and engineers’ professional liability coverage in +$1bn projects, particularly large US infrastructure cases, will be constrained this year, according to a report by Lockton.

The broker said large design firms would continue to see significant price and retention pressure in PL products throughout the year.

It

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