Construction Contracts and Bankruptcy

Construction Contracts and Bankruptcy

Construction Contracts and Bankruptcy: The Ultimate in “Value Engineering” You have just learned that the other party to your contract has filed for bankruptcy. That party owes you money for past work and the project is not yet completed. This is a difficult and...
Privacy Protection Claims Scenarios

Privacy Protection Claims Scenarios

Are Your Design Professional Clients Covered?  Privacy Protection issues are not going away. The technology risks that companies face today are more complex than ever before and no company is immune to the risks. An email with a virus was specifically sent to an...
Overcoming the Lack of Loyalty

Overcoming the Lack of Loyalty

Today’s insurance clientele are much less loyal than in the past. Technology, increased competition, and the expansion of the types of risks and exposures that need insured all play a factor into this shift away from partnership and more toward transactions....
10 Tips for Safe Holiday Parties

10 Tips for Safe Holiday Parties

It’s that time of year again when we all reflect on the year past and plan holiday parties to thank all staff members for their hard work. Hosting a company party can create liability situations, however, so we thought we’d share 10 Tips from the the...
Performance Bond Issues

Performance Bond Issues

Most construction contracts for major projects and almost all contracts with public entities will require performance bonds and payment bonds. Most design professionals are not structured financially to have the necessary financial assets to induce a Surety Company to...