A Closer Look at Professional Liability / E&O

The insurance that protects your company in the event that a client alleges you made a mistake that caused them a loss is extremely important. For dentists and doctors, this is called malpractice insurance. For design professionals, this is called Professional Liability, Errors and Omissions, or E&O coverage. Whatever you wish to call it, it covers the errors (or omissions) that your company has made, or the errors that your client perceives your company has made.
As an architect or ...

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Crime Insurance on a Rise

At Maloney & Company, LLC, we’ve been talking more and more about different coverages that are becoming very important. Employers Practices Liability Insurance (EPLI), Directors and Officers Liability (D&O), Crime, and Cyber Liability are included in this mix. Let’s talk a little bit about Crime Insurance:

What it Does:

Commercial Crime Insurance covers money, securities, and other property against a variety of criminal acts that occur inside and outside the premises of your business due to external threats and/or even your own ...

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EPLI

BOS

 

Employment Practices Liability Insurance – is it Important?

Well, the likelihood of being sued by an employee is now three times greater than experiencing a fire loss. In just 2014, the Equal Employment Opportunity Commission received nearly 90,000 discrimination charges that year. 65% of these claims were groundless, but those employers still had to shovel out costs of investigating and defending against them. Along with claims from employees, many service-oriented businesses are ...

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Data Breaches at a Record High

2014 was a record year for data breaches, and the numbers will only rise. The number of U.S. data breaches that were tracked in 2014 hit an all-time high of 783, according to the Identity Theft Resource Center. Since 2005, there have been in excess of 5,000 data breach incidents, involving over 675 million records. Keep in mind, that this number only encompasses those reported, many breaches fly under the radar every day.

Eva Velasquez, the president and CEO of ITRC, ...

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Does Your Workers Comp Cover Telecommuting Employees?

telecommute

With internet and technology on the rise, it is becoming more common for employees to work from home. Workers Compensation insurance covers work at home, but what is the scope?

We can assume that courts will take a broad view of telecommuters and find coverage wherever possible due to the public policy nature of workers’ compensation. But what is considered the “workplace”? Courts ...

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Architectural Style Guide of New England

We are lucky enough to live in such a historic part of the country where the English colonists created their first settlements. Take a look at the Architectural Style Guide created by HistoricNewEngland.org to see how architecture has evolved from the 1600 Post-Medieval English period to the mid 1800 Greek Revival to the early 1900 Colonial Revival.

 


Colonial Revival Architecture    

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Maloney & Company, LLC Gains Insight from Local Attorney

On February 5, 2015 Maloney & Company, LLC had lunch with attorney Kevin Godbout from Neubert Pepe & Montieth in New Haven, CT to discuss current legal cases for architects and engineers and successful strategies for design firms.  The team at Maloney & Company, LLC takes pride in keeping up to date with the ongoing litigation that we can use to benefit our clients.

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