Mike Maloney Attends RLI Summit

 

On November 6th Mike Maloney was invited to tour a construction site in Rockville, MD by RLI Insurance Company.  RLI handles the professional liability coverage for the architect on this 18 story new construction project, and the tour of the site by the construction company foreman was fascinating.  The $100,000,000 project will be a mix of commercial and ...

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Drones and the City

Drones seem to be everywhere in our lives, and they are beginning to make their way into the professional setting for architects and engineers as well.  That is, it’s emerging in some cities while others are a bit slower to change for several reasons.  New York City is one of those cities slow to embrace this change as reported by the Wall Street Journal.  The path to legalizing drone use within the city has been 18 ...

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A Closer Look at Professional Liability / Errors and Omissions

 

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 ...

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Notre-Dame: Is the Historic Landmark Insured?

 

It’s been a sad week in architectural history because the 856-year-old Notre-Dame de Paris caught fire while undergoing restoration work, and the historic building is suffering from significant damages. If you’re wondering which company insures the cathedral, you may be surprised to find out that technically it isn’t covered.

According to Financial Times, most rebuilding costs are likely ...

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Cyber Liability Insurance

 

Professional Liability Insurance (Errors & Omissions Insurance) is a great start to protect your business against claims of negligence, but there are additional risks that require additional coverage. 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 ...

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JDRF Brew for a Cure

 


The team had a wonderful time at the JDRF Brew for a Cure event this past weekend along with others in the design and construction industry! Sponsored by our clients Kenneth Boroson Architects and Consulting Engineering Services, we are happy to help support Type 1 Diabetes research for a cure!

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Do You Ever Hire Professional Subconsultants? Here are Some Tips:

 

If you retain subconsultants, you should make sure they have insurance, ideally at the same limits of liability that you maintain. It’s a good idea to also get into the habit of requesting proof of that coverage at least once a year. Here’s why:

  • If you were brought into a claim for professional negligence that is wholly or partly the fault of your sub, it would be good to know that your sub had professional liability at some ...
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A Day on the Water with RLI Insurance

 

We had a wonderful time this week with our team from RLI Insurance! Vince Costello, the Design Professionals program manager; Barb Sable, the Assistant Vice President of the Professional Services Group; Jeff Varallo, our Professional Liability Underwriter; and Kelly Looft, our Property & Casualty underwriter, all made the trek from PA and DC to spend a day on the water with us in the historic Thimble Islands located in Branford, CT.

RLI began writing professional liability for architects ...

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A Fieldtrip to the Start of American Modern Architecture

 

This week, the Maloney & Company, LLC team visited an icon of modernism – the Glass House by Philip Johnson.

Perched on a 49-acre landscape in New Canaan, CT, the Glass House was a remarkable achievement when it was completed in 1949. The house, which ushered the International Style into residential American architecture, is iconic because of its innovative use of materials at the time and its seamless integration into the landscape. It began a movement of architectural experimentation ...

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Visit with Travelers Property & Casualty Underwriters

 

 

This week, we had the pleasure of spending the day with our Travelers property & casualty underwriter, Velta Lyn and managing account executive, Suzie Lear from Travelers Georgia office!

Travelers has been serving the needs of design professionals since 1946. Their Architect, Engineer & Surveyor (AE&S) program is built to respond to the unique property casualty requirements of this growing segment ...

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