Understanding Workers Compensation for Architects/Engineers Firms The workers compensation policy can be complicated but once you understand how it works it can become easier to comprehend. There are six standard parts of the workers compensation policy. Part one pays for…
How to Get Paid Promptly… and Not Get Sued by Barry Temkin and Kate DiGeronimo Every design professional likes to get paid promptly. While it is not the only reason you are in business, getting paid certainly beats the alternatives….
What are some of the coverages that can be added on to an architects/engineers business owner policy? There are many types of coverages that are automatically included in a business owner policy; however, there are additional coverages available for your…
a/e ProNetwork News March 2020 A federal district court in Wisconsin held that the contractual liability exclusion of a professional liability policy means that the policy only covers third party claims against an engineer and affords no coverage for claims…
What to Be Aware of as the Prime Consultant on a Project As the prime consultant on a project your design firm holds the contract with the owner or developer on the project and takes on more responsibility than being…
Definition of a Claim in an Architects/Engineers Professional Liability Policy The definition of a claim is important because your firm will want to know when/if you should be reporting a claim. Every insurance policy will be slightly different so be…
Directors & Officers Insurance – Why? Your organization’s assets and the personal assets of its directors and officers are at risk with every decision you make, every day. Directors and officers (D&O) liability insurance protects the personal assets of corporate…
What to Know About the Design Professionals Errors and Omissions (Professional Liability) Policy While the policy is not complicated to read, there are some areas to be aware of when you purchase your policy. First section that you will want…
Risk Management Seminar – THIS WEEK! Registration is still open! Continuing Education Credits can be earned at our upcoming seminar – Risk Management for Design Professionals. This seminar is registered with AIA/CES! Click HERE to REGISTER TODAY! GRAND RAPIDS, MI – March 4th…
2020 Risk Management Seminar – Denver Our Denver seminar was Tuesday, February 25, 2020 and was a great success! The topic was, Claim is a five letter word: what happens when it happens to you. Barb Sable from RLI Insurance…