Address change on insurance policies for architects/engineers- While it might seem tedious to update your firm’s address on policies, it is important for several reasons. In a world where most…
Contracts for Architects/Engineers Contracts are the beginning of a project and set the tone for how the project will proceed. Contacts are extremely important for design professionals. Not just having…
Corporate Veil When you get the dreaded summons in the mail notifying you of a suit with allegations of negligence and defective design and construction on a recent project, you…
Limits of Liability – are they adequate on my policy? It is difficult to know how much insurance your firm will need when it comes to a claim. There are…
Theft of equipment continues to be a serious problem for the construction industry. In addition to having a high frequency of theft, the construction industry also experiences very poor equipment recovery…
Good to Know – Architect/Engineers Professional Liability Policy There are many items to review on your firm’s professional liability policy but it’s always good to know a few tips with…
Claims Reporting on a Professional Liability Policy for Architects/Engineers- If your firm doesn’t receive a verbal or written demand, how do you know if you should report a claim or…
Should I be concerned if my employees are moonlighting? The key is for a professional service firm to have a workable provision in an employee handbook. There are very few…
Key definitions in an architecture/engineer professional liability policy- The whole policy is important for your firm but there are a few definitions to review. The definition of the insured and…
Explaining the different insurance policies for my architecture/engineering firm- There are several insurance policies your firm may need for the business and for contract requirements. Here is a brief synopsis…
GREAT AMERICAN 2023 RESOLUTION CHALLENGE TAKE 2: A BETTER CONTRACT Drink more water. Spend less money. Establish an exercise regimen. We all made these cliched New Year’s resolutions to better…
Mergers, Acquisitions, Spin-offs, and Dissolutions of Architect/Engineering Firms If your firm is looking at merging or acquiring another firm review your firm’s policy to understand how this will work. Here…