Professional liability insurance for engineers. Case study of 1-35 bridge collapse in Minnesota.

1. Professional Liability Insurance for Engineers This PowerPoint is available online at: http://www.slideshare.net/GeraldBrunker/professional-liability-insurance-for-engineers

2. Professional Liability Insurance for Engineers

15. URS State of Minnesota 07/29/11 Page $37 million fund 4/2009 Negligence, Breach of Contract and Violation of Professional Standards $1 million settlement $10 Million settlement for maximum under insurance policies – March 2010 Allegations Against PCI : Excessive loading of materials Removal of critical bridge deck elements Failure to do any engineering analysis Gusset Plates too thin Weight of Construction Materials Jacobs Engineering PCI Progressive Contractors Inc. 3P Beneficiary NTSB March 19, 2010 $5 million settlement Breach of Contract and Negligence Key_________ Litigation: Settlements: VICTIMS 13 Deaths 145 Injuries $95.6 Million Received Original Design Contribution and Indemnity Insurance Memorial $52.4 million $2.3 mil $1.5 mil $48.6 million