Condo projects are making an emergence again all over the country but as a design firm it is important that you are cautious. Some laws have changed in some jurisdictions to help with claims on condos but we don’t yet…
Condo projects are making an emergence again all over the country but as a design firm it is important that you are cautious. Some laws have changed in some jurisdictions to help with claims on condos but we don’t yet…
Cyber Insurance 101 There is a hot new topic in the insurance industry, and it is Cyber Insurance. By now, surely you know or know of someone who has been involved in some sort of Cyber attack. Whether it…
What limits should my design firm carry on Professional Liability? This is, ultimately, a business decision for your firm but here are a few guidelines to determine what makes sense for your business. Does your firm have a contract requirement…
Insurance Inspection Afraid of an insurance inspection? Don’t be, the insurance companies only want to make sure that what you have entered on your insurance application is correct. As you expect your clients to provide accurate information about a project…
Reviewing contracts as a Design Professional is an important part of the business. It allows your firm to assess the risk and negotiate on contracts if needed. While it is good for your firm to review and understand the contracts…
Sinkholes It’s probably not something you think could ever happen to you; the ground suddenly opens up and swallows your home and the posessions within. With the recent news about just that happening in the metro Detroit area, you may…
Records retention for design firms is a very important part of your business. If the project were to have issues or even go as far as a claim being filed the records are your firm’s defense and beneficial for your…
Happy New Year! Now is a popular time of the year to declare resolutions, plan vacations or try something new. Some of us decide we’re going to eat better and spend more time exercising. We vow to spend more time…
Understanding deductibles on Professional Liability policies for design firms. While this may seem like it is a simple concept it can become confusing when it comes to quoting or at the time of the claim. First it is important to…
Preparing and Protecting Your Commercial Property Against Pipe Burst Accidents BREAKING NEWS FROM THE HARTFORD CLAIMS Frozen pipes cause some of the most common and costliest cold weather claims. While most frequently occurring in the Northeast and Midwest, frozen pipes…