Employment Practices Liability Insurance (EPLI)

With employees heading back to work, back to job sites and the increased traveling we wanted to make sure that you are aware of the Employment Practices Liability Insurance (EPLI) coverage.

EPLI is designed to protect you in the event of claims arising from employment practices including wrongful termination, harassment, age discrimination and other related charges such as emotional stress, defamation and right to privacy violations. Employment related risks are becoming more prevalent in today’s workplace, and the ...

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Additional Resources As Firms Transition Back Into Offices

Thank you to all who attended and participated in our webinar on Answers to Your COVID-19 Questions today.

Mike Maloney offered some additional resources during the webinar as firms transition to get employees back into offices.  Here are the website addresses:

https://news.bloomberglaw.com/daily-labor-report/insight-reopening-the-workplace-a-preliminary-guide-for-employers

https://www.backtoworktoolkit.com/

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Insurance help during this period of quarantine

There is a TON of information out there, and some of the information seems to be changing daily in response to new legislation. You may have had staff asking about coverage due to quarantine, illness, or a need to care for children who are sick, or have to be home due to school and daycare closures.

One area that seems to be changing for the better seems to be a broadening of disability benefits and paid family leave ...

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Maloney & Company, LLC position on insurance claims linked to COVID19 protocols

Hi and I hope you are all safe and healthy during this unusual time.  We at Maloney & Company, LLC have taken internal steps to inhibit the spread of the virus and will continue to be available to our clients via email and phone without any interruption.

I have received inquiries about what protections your insurance programs might offer in the wake of the COVID19 virus and I wanted to share the initial information we have with you.

We ...

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Thank you to all our loyal clients!

In honor of our 20th year in business, I want to thank all our loyal clients for making it such a pleasure to come to work each day!  Over the years that I have worked with you, I have found that you are creative, intelligent, educated, interesting, honest and nice.  And you deserve to work with insurance representatives who appreciate those qualities in you and share many of them.  Part of what we do each day is ...

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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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Consequential Damage Claims

 

consequential-damages

 

Consequential damages arise out of special circumstances that are usually unpredictable, and are typically more expensive than direct damages. Most professional liability programs cover such damages as long as they result from negligence in providing professional services.

In order to reduce liability, you may try to negotiate a waiver of consequential damages with your client. Victor O. Schinnerer suggests ...

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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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Travelers CyberRisk for Professional Firms

 

According to Travelers Business Risk Index 2015, cyber risks are the number one concern overall for professional firms.  Just one virus or resourceful hacker can cause huge financial and reputational consequences for a design firm, and that’s why it is important to be prepared with the right coverage.

Here is a claim scenario: A design firm stored its customers’ information in a third-party cloud computing environment which suffered a major data breach, compromising the information of thousands of ...

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Collapsed Taiwan Apartment Building

Foam and cooking oil cans as fillers inside concrete beams of a 17-story apartment building has liability written all over it. This misconduct was discovered after a building collapsed in South Taiwan on February 6 due to an earthquake. At least 54 people have died, and many people are still unaccounted for. With so many other buildings still standing, it is clear that this building should not have collapsed, had it been built correctly.

Both the parties involved in the building’s ...

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