Tips to Save Money on Your Professional Liability Policy Premium There are a lot of ways to save money on your professional liability policy premium. The obvious one is not having any claims. However this is sometimes out of your…
Insured Status Under the Contractor’s Commercial General Liability Policy The issue of requiring protection for design firms by having them named as additional insured’s on the general liability policies of contractors is complicated. Without the professional advice of an insurance…
The Engineer’s Need for a Written Contract It is truly surprising to see how often professional engineers perform services for clients without the most important document of the entire endeavor: a written, signed contract for services. What many people do…
Employment Practices Liability Insurance What is Employment Practices Liability Insurance? Employment Practices Liability Insurance (EPLI) — a type of liability insurance covering wrongful acts arising from the employment process. The most frequent types of claims covered under such policies include: wrongful…
Email Fraud or Social Engineering Fraud It’s perpetrated by imposters who intentionally mislead or manipulate unsuspecting individuals and businesses into diverting payments or sending them money. An example: A criminal posing as a company manager or outside vendor sends an email request…
Cyber Liability for Design Professionals It really isn’t a matter of if you have a cyber incident it is when. Cyber criminal activity is becoming more and more prevalent. From criminals tricking you into paying false invoices, to liability arising from…
Cyber security for Employees Working From Home Cyber Security | Program Development Due to work-life balance or other business considerations, more employees are working from home more than ever before. While remote work may offer benefits to both the employee…
CERTIFICATES OF INSURANCE: WHY YOU CAN’T ALWAYS HAVE IT YOUR WAY Design professionals are often asked by their clients to sign contracts that include comprehensive—sometimes unreasonable—insurance requirements and indemnification terms. These are usually drafted with the goal of protecting owners,…
Fleet Safety for Design Professionals Fleet vehicle accidents are among the most costly of injury claims for business. The average cost of a loss related to vehicle accidents is approximately $70,000. This is almost twice the cost of the average…
Construction Sites During Covid-19 KEEPING AN EYE ON THE FUNDAMENTALS OF CONSTRUCTION SITE VISITS DURING COVID-19 COVID-19 as well as the volatile economic market has affected the design and construction industry as a whole and may have affected your professional…