Holiday Safety for Businesses The holidays usually bring several things to a small business – more foot traffic, celebratory decorations and additional staff to help with boosted sales. However, with added customers and distractions, slips and trips are never far…
Denver, CO The much anticipated Westin Hotel is now open at Denver International Airport (DIA). Here are some interesting facts about the new hotel. Our client, AndersonMasonDale Architects, is one of the local design firms that worked on this beautiful…
Many Architects and Engineers have been carrying Professional Liability Limits of $1,000,000 each claim with a $2,000,000 annual aggregate for a number of years; but we are seeing an increasing demand for limits of $2,000,000, $3,000,000 or $5,000,000 (and even…
Hosting a company holiday party? Here are some tips to reduce your liability from the Society for Human Resource Management: 1) Have an alcohol policy – and enforce it! 2) Hire a professional server if serving alcohol – they will…
CYBER SHOPPING As the holiday season approaches, please be aware of the risks involved while shopping online. Pay attention to the following cyber shopping tips from the FBI (www.fbi.gov). Beware of unsolicited (spam) emails. Don’t respond, and don’t click on…
In exchange for payment of a claim under a policy of insurance, the policyholder surrenders to the Insurer the right to recover the monies paid to settle the claim from any parties that may have been responsible for the damages…
DOLLAR ONE DEFENSE Dollar One Defense is a unique deductible option for certain insureds. Dollar One Defense or “First Dollar Defense” simply means that if a claim is made against you, your insurance carrier will pay your defense costs beginning with…
Other Colorado cities have made some changes to construction defect, will Denver, CO make changes also? Click here to see the news story.
AIA Awards We are happy to announce that one of our insured’s has won an AIA Award for a project in Bow Mar, CO. Click here to see this beautiful home. Congratulations to Nest Architectural!
Generally, the biggest risk to the firm is not its professional liability exposure to the owner, the “team” or third-parties but its ability to manage its cash flow. IPD forces design firms to risk their profit and while the constructors…