Devil’s Night is a name associated with October 30, the night before Halloween. It is chiefly associated with the serious vandalism and arson seen in Detroit, Michigan from the 1970s to the 1990s. This finally prompted the “Angels’ Night” community response…
Fall is a good time of the year to assess your risk management program in your Design firm. Projects are winding down for the winter and it doesn’t seem to be as busy as it was all summer long. Take…
CYBER ATTACKS – are you next? CYBER ATTACKS seem to be happening more and more frequently these days. One reason is because we as individuals and businesses are becoming forever reliable on technology. We love the speed and convenience of it…
Our Design Professional firms are merging, how does this work with Professional Liability insurance? Merging firms can be tricky for many reasons involved but one major factor that is important for the merger is your Professional Liability policy. If both…
CLAIMS-MADE vs. OCCURRENCE Most liability policies are written on an “occurrence” policy form. Occurrence policies need only to be in effect on the date that an accident causing damage occurs in order to trigger coverage. A claim asserted against the…
Does my insurance carrier cover a pot shop design exposure? With Colorado and Oregon passing the law to allow for recreational pot shops this question has come up more frequently. Nine States have the recreational marijuana legalization on the ballot,…
What is a Standard Contract? It can be considered one of the most crucial steps in the architectural process that, once completed, will never need to be attempted again. An accurately prepared legal agreement between the architect and owner will…
What is a mediation credit on a Professional Liability policy? Some insurance carriers offer a reduction on the deductible if your Design Professional firm resolves a claim with the use of mediation. For example, if your firm’s deductible is $10,000…
Cyber Insurance – Hijacked video recorders ATTACK Advisen Front Page News from CRC Swett, insurance broker, reported “attackers used an army of hijacked security cameras and video recorders to launch several massive internet attacks last week, prompting fresh concern about…
What are supplementary payments in a Design Professional’s Professional Liability policy in the event of a claim? Just as it states, Professional Liability policies do have supplementary payments available in the event of a claim for Design Professionals. Here are…