The Department may require the borrower to obtain any of the following types of insurance, issued by a company that is approved by the State Insurance Commissioner, depending on the size of the project and risks to the Department: Owner's liability; Owner's property or hazard or contractor's builder's risk; Contractor's liability; Architect's errors and omissions; and Engineer's errors and omissions. In addition to the requirements of §A of this regulation, owner's liability insurance shall: Name the Department as an additional insured; and Remain in force for the duration of the loan.