“As Schools Open, Design Professionals Fear that Claims Will Too”

 

school-claims-by-state

 

Recent studies from Victor O. Schinnerer show that besides residential projects, schools and colleges generate the highest number of claims and the most expensive claims, particularly in New York, New Jersey, Pennsylvania, and Massachusetts. This is due to a number of factors.

  • School projects don’t usually involve an individual client, but rather an elected school board with diverse wants and expectations ...
Continue Reading →
0

M&Co Expands South

2016 has been a year of growth for Maloney & Company. We have expanded our services to the southernmost state, Florida, and it seems that we have done so at the perfect time.

Jeff Atwater, Florida’s Chief Financial Officer, publishes an economic magazine each quarter called Florida’s Bottom Line. The magazine examines the impact of current topics, like decreasing unemployment rates and changes in the housing market. This quarter, Jeff focuses on Florida’s speedy growth and how they plan to ...

Continue Reading →
0

The End of the McMansion Era?

McMansions. They are the mega-houses of the middle and upper-middle class, born in the 1980s. These homes are usually cheaply built, and quickly grew in popularity during the 2008 financial recession for obvious reasons.

According to ArchDaily and real estate website Trulia, it is no longer an economic benefit to purchase one of these 3,000-5,000 square foot homes. Tracking data shows that the premium homeowners were willing to part with to purchase a McMansion has dropped in 85 of the largest ...

Continue Reading →
0

Cyber Liability Insurance

 

Cyber Insurance

 

Just about any organization that uses technology to do business faces a cyber risk. In fact, three of our clients have been hit by Ransomware, a type of virus that encrypted the firms’ data, and a ransom to be paid in Bitcoins was demanded by the hackers. Architect and Engineer firms of all sizes are seeing an increase in ...

Continue Reading →
0

Visit with A+ Rated Insurer, Travelers

 

Travelers July 2016

 

The Maloney & Company staff recently visited with underwriters Hugo Eraso and Sherry Brathuhn from Travelers! We discussed the needs of our clients, and how Travelers is always striving to meet them. Travelers is an A+ rated insurer with a great reputation, and we are happy to have a close relationship with them.

 

Photo: Reade Pizzonia, Santina Ragonese, ...

Continue Reading →
0

National Insurance Awareness Day

June 28th is National Insurance Awareness Day!
 
This day was created to review your current insurance coverage, and to remind you that it’s important to talk with a risk management professional to be sure that you aren’t under or over insured. 
 
Some may think that insurance is only a couple hundred ...
Continue Reading →
0

RLI Visits M&Co

 

RLI Visit June 2016

 

This week, RLI underwriters Christina Walsh and Trent Colan made their way to CT to visit our staff! Over lunch, we discussed the Professional Liability market, underwriting guidelines and principles, and industry standards. We are happy to work with Trent, Christina, and the rest of the staff at RLI, and are proud of our close relationship ...

Continue Reading →
0

Happy Birthday, Frank Lloyd Wright!

 

Frank Wright

 

“The greatest American architect of all time” was born this day, June 8th, in 1867. Wright completed over 500 architectural works, which helped start the modernists movement in the early 20th century.

He referred to his architecture as ‘organic,’ in complete harmony with itself and its surroundings, as if it had developed as naturally as at tree but without necessarily resorting ...

Continue Reading →
0

Fiduciary Liability Insurance

Fiduciary

 

Fiduciary Liability Insurance is targeted at protecting businesses’ and employers’ assets against fiduciary-related claims of mismanagement of employee benefit plans.

Fiduciaries are responsible for providing a broad range of investment alternatives and minimizing the expenses associated with those investments; you cannot avoid liability solely by blaming plan participants for their investment decisions. A fiduciary can be sued for not following ...

Continue Reading →
0

Architecture & Virtual Reality

It’s no secret that technology is advancing everyone’s daily workflow, and according to this ArchDaily article, it will be significantly advancing the workflow of architects very soon.

The idea is: your clients will be able to put on a pair of Virtual Reality glasses, and will see your designs come to life right in front of their eyes. The glasses will offer an effect where your clients will be able to virtually walk through the project, as opposed to looking at it ...

Continue Reading →
0
Page 4 of 5 12345