By Rob Hughes | This subtle but onerous language is becoming fairly widespread in design contracts and, if overlooked, could leave design firms with significant, potentially uninsured exposures.
insurance
-
-
Design firms in the process of renewing their professional liability insurance will find the marketplace generally stable and competitive, even amid uncertainty created by COVID-19.
-
Keep tabs on your insurers in a difficult economy by reviewing evaluations by popular ratings agencies.
-
Chairman and CEO of Nabholz (Conway, AR), a 1,200 person multi-discipline, employee-owned firms whose name has been synonymous with integrity since its founding in 1949.
-
In the current economic environment, avoid costly payment disputes and counterclaims by choosing clients carefully and staying on top of your receivables and collections.
-
Firms should evaluate their services, internal IT systems and controls, and check their insurance to make sure they have the protection they need.
-
Ten takeaways from the Ames & Gough survey of 15 leading insurance companies providing AEC professional liability insurance in the U.S.
-
“Satisfaction with the status quo leads to complacency. Complacency is the enemy of motivation.”
-
Careful review of certifications with your legal counsel and insurance advisor will enable you to better address the needs of your clients and lenders.
-
As market conditions for professional liability insurance evolve, there’s a great deal you can do to position your firm for a more favorable renewal.
-
By Kyle Ahern | As we look to 2020, let’s reflect on the last year and celebrate all that this industry has accomplished.
-
There’s a push for architects and engineers to consider the safety of construction and maintenance workers when designing new structures.