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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Are you Protecting your Firm?


It’s important to know all of the different policies that can help you protect your business, its intellectual property, as well as its physical assets. Below is a list of all the different coverages that Maloney & Company, LLC provides to architects, engineers, surveyors, and consultants:


 


 

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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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Are you Fully Covered?

 

As a design professional, you should know about different coverages that exist. Below is a list of important policies that we’d like you to consider:

Cyber Liability: What if your system gets hit by Ransomware, a type of virus that encrypts your firms’ data and a ransom to be paid in Bitcoins is demanded by the hackers? This happened to atleast three of our clients in 2016, and a few more since then. Just about ...

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Client in the Spotlight

 

Last month, the New York Times published a story about a Maloney & Company, LLC client, Bonetti/Kozerski Architecture. This talented duo was looking for a new spot in Pennsylvania to not only build a weekend house for their families, but to also have a work of art to show off to their clients. Their idea of building their showpiece from scratch went out the window when Bonetti came across a 50-acre compound with a 8,000-square-foot house built ...

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2018 Contract Review Guide

One of Maloney & Company’s commitments to our architect and engineer clients is to give them advice and suggestions on managing the risk they take on when providing design services. Among many risk management tips and suggestions, our clients receive a 10 page Contract Review Guide, updated annually.

Within the Contract Review Guide, we address questions like:

Q: What if I don’t sign the contract my client gave me? Or if my client doesn’t sign the ...

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Site Safety

By Michael J. Maloney

 

There are two sure-fire ways to get tagged with liability for site safety:

  1. Assume site safety responsibility in your contract with the owner, or
  2. Assume site safety responsibility by your behavior on the jobsite.

Option 1 is pretty clear cut, and is easy enough to avoid.  But you and your employees should be on your guard against Option 2.  If your contract specifically excludes site safety responsibility (as ...

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Travelers New Policy Form

 

 

Our fantastic Travelers professional liability underwriters, Hugo Eraso and Sherry Brathuhn, came to visit our Guilford, CT office this week! Travelers is working on a new policy form with numerous enhancements, and they are re-configuring their rates which should make them more competitive within our specific region along the East Coast. As the economy expands and construction becomes more demanding, ...

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Joining Forces with Attorney Kevin Godbout

This week, Maloney & Company, LLC caught up with Attorney Kevin Godbout!

Attorney Godbout has been recognized by Super Lawyers and has been named to the 2016 Connecticut Super Lawyers in the practice area of Professional Liability: Defense. He has also been rated AV-Preeminent by his peers through Martindale-Hubbell. The account managers at Maloney & Company, LLC frequently meet with Attorney Godbout to discuss trends in the A&E industry and new risk management techniques. This week, the statute ...

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