DESIGNPRO Insurance Group Blog
All You Ever Wanted to Know About Insurance
ABANDONED DESIGN & CONSTRUCTION PROJECTS—SUSPENSION & TERMINATION OF DESIGN PROFESSIONAL AGREEMENTS
Wednesday, September 16, 2020
At a project’s inception, seldom do the parties involved envision how matters would be handled if the professional services agreement would be suspended or come to a premature end. Most projects begin in optimism,...
Complying with all laws during design and construction.
Friday, August 21, 2020
Complying with all laws seems like a straightforward concept that you would want to observe. As a design professional, there may be some hidden pitfalls in this statement. Continue reading...
Summary of the Top Ten Risk Management Principles for Design Professionals.
Thursday, August 6, 2020
When it comes to managing risk, GET BACK TO THE BASICS. How does your firm stack up when it comes to the Top 10 Risk Management Principles for Design Professionals? Here's a summary of the Top 10 Risk Management...
DISPUTE & CLAIM HANDLING – A RISK MANAGEMENT TOOL: #10 OF THE TOP 10 RISK MANAGEMENT PRINCIPLES FOR DESIGN PROFESSIONALS
Thursday, August 6, 2020
This is final topic of our series covering the top ten risk management principles for design professionals. The final risk management principle covers Dispute and Claim Handling.
UTILIZING A CERTIFICATE OF SUBSTANTIAL COMPLETION: #9 OF THE TOP 10 RISK MANAGEMENT PRINCIPLES FOR DESIGN PROFESSIONALS
Tuesday, July 14, 2020
This risk management tool in a professional practice plan involves determining the date of “Substantial Completion” of a project-it is a date, when established by the prime professional on a project that carries with it...
CONSTRUCTION PHASE SERVICES: #8 OF THE TOP 10 RISK MANAGEMENT PRINCIPLES FOR DESIGN PROFESSIONALS
Tuesday, June 16, 2020
Construction quality assurance is an important element of a plan that is a final step in a process (and may be best performed by the staff responsible for the design to determine that the design intent is carried out)....
PRODUCING QUALITY CONTRACT DOCUMENTS – #7 OF THE TOP 10 RISK MANAGEMENT PRINCIPLES FOR DESIGN PROFESSIONALS
Monday, May 18, 2020
DEVELOPING A SCOPE OF SERVICE WITH APPROPRIATE COMPENSATION – #6 OF THE TOP 10 RISK MANAGEMENT PRINCIPLES FOR DESIGN PROFESSIONALS
Friday, April 17, 2020
Professional services are occupations in the sector of the economy requiring special knowledge, skill and training, when exercising judgement, in the arts or sciences. Some professional services require holding licenses...
CONTRACTS & OWNERSHIP OF THE FIRM’S DOCUMENTS – #5 OF THE TOP 10 RISK MANAGEMENT PRINCIPLES
Wednesday, March 18, 2020
The fifth topic of the top 10 risk management principles is discussed this month: Contracts & Ownership of the Firm's Documents.
Will my property and casualty insurance cover losses arising from the COVID-19 (Coronavirus)?
Wednesday, March 11, 2020
The short and to the point answer is, "It truly depends." Many factors affect whether a loss has coverage under an insurance program, including the type of loss, the type of coverage, and the terms and conditions of the...