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Risk Management Ideas for Condominium
Projects: Condos, one of the fastest growing building types, have
higher than normal risk for architects. So that architects who
engage in condominium projects take special measures to protect
themselves, the Trust offers these tools to evaluate and reduce
their risks and suggests members seek competent legal counsel. Click here to
read the report.
CNA/Schinnerer Residential Claims Study: The Risks of
Residential Design Continue to Rise. According to our statistics
from 2000 - 2005, all forms of habitability projects represented
just over 16 percent of the income reported by CNA/Schinnerer
policyholders. But these projects represented 42 percent of all
claims. Click
here to read the complete study.
Health Care Trend Data: Semi-annually, Aon Consulting reports
on health care trend data. The Spring 2006 Health Care survey may be
found by clicking on this link.
In addition, a recent report on employee benefits may help you
evaluate your own program. Click here to access the report.
The AIA Risk Management Committee, with its NSPE and ACEC
counterparts, surveys the professional liability insurance industry
annually to find out about trends and offerings, and give input
about members' needs. The AIA Commended Professional Liability
Insurance Program offered by CNA/ Victor O. Schinnerer (VOSCO) still
checks out as the best. Click here to access the actual survey
results.
Making the Transition to Running Your Own Firm, Insurance
Coverage Issues for Professional Practices, is a report developed by
the Victor O. Schinnerer and the CNA companies in conjunction with
AIA Trust to assist licensed design professionals in operating a
professional practice which presents so many risks. Click here for
solutions for managing those risks by transferring them
appropriately.
For other useful information on professional liability insurance
premiums, broker selection, and similar topics, visit the AIA
Risk Management Committee web page.
AIAS/AIA Trust Scholarship Program for Emerging Professionals
The goal of this newly established scholarship program is to assist students
with their education by helping to minimize their financial obligations. It
is primarily intended to assist financially-challenged students with tuition
and/or other direct educational expenses. Up to five scholarships of $750 each
will be awarded annually to qualified individuals in their fifth year of an
undergraduate professional degree or their first year of a graduate professional
degree. The application and guidelines may be found at www.aias.org/scholarship.
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