Contract on Projects – The Importance Contracts should be the start of each and every project for your firm. This lays out the groundwork for what will take place during and after the project. Contracts, first and foremost, are important…
Graduation Party – Social Hosting Liability The state of Michigan defines a Social Gathering as “an assembly of two or more individuals for any purpose, unless all of the individuals attending the assembly are members of the same household or…
The dos and don’ts of a workers compensation policy for architects/engineers- While the workers compensation policies to not have a high frequency of claims for architects/engineers, there are still items to be aware of with the policy. Do provide correct…
Defending Professional Liability Claims Your professional liability insurance policy is a contract that covers you for wrongful acts in the performance of your professional services. Your carrier has two separate obligations to your firm: 1) to defend you; and 2) to pay any judgment for…
Business Owner Policy – Dos and Don’ts for Architects/Engineers The business owner policy is not one that has many claims for architects/engineers but are an important part of business. Here are some suggestions on the dos and don’ts of a…
Dos and don’ts of professional liability for architects/engineers- There are many intricacies to a professional liability policy, here are some suggestions on the policy. Do complete the application as accurately as possible. It is important to provide the insurance companies…
It’s not uncommon to see commercial drones, unmanned aerial vehicles (UAVs) or small unmanned aerial vehicles (sUAVs) at a construction site. They can help construction businesses in many ways, such as: Monitoring projects for employee safety Surveying large sites…
Choosing Deductibles Choosing deductibles for architect/engineer insurance policies. Depending on the policy there may be different deductibles and deductible options available. Workers compensation policy insurance companies may offer a deductible, depending on the state your firm is domiciled. The deductibles…
Spring Clean Your Insurance Spring is a great time to review of your insurance coverages. As your life changes so do your insurance needs and your insurance policies should be evaluated annually. Take the time to read them over and ask yourself…
Claims expenses in an architects/engineers professional liability policy- The expenses will include items such as investigation, attorney fees and expert witnesses, if needed. The following is a definition from a professional liability policy. “Claim Expenses” means: a. reasonable and necessary fees, costs and expenses…