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...
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....
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...
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...
By: Ken McComb A while ago, I got a call for help from a producer who writes a growing engineering firm. This engineering firm secured a design contract on a large project. The prime design firm on this project had a contractual requirement that all sub-design firms...
BUSINESS INTERRUPTION AND BUSINESS EXPENSE INSURANCE While Business Property Insurance covers the cost of lost property, in many instances the loss caused by the interruption of business can exceed the amount of physical damage. Business Interruption generally...
