Floods can happen anywhere—more than 20 percent of flood claims come from properties outside the high-risk flood zone according to FEMA. Architects are impacted by flood through exposures at their offices, their homes and their client’s properties. So it’s important to understand what flood insurance covers—and what it does not cover—and what you need for […]
Business Coverage / Professional Liability Articles
Condominium work for developers, construction managers, contractors, and design firms continues to be strong after being scarce following the 2008 economic collapse. Many millennials and other first time buyers can and want to invest in condo units in urban areas. And renting is less attractive to a maturing class of residential market participants as they […]
The likelihood of design deliverables being released for approval or actual construction while containing negligent errors or omissions are higher than most firms would like. This is due to projects becoming more complex and design times being severely constrained. As such, more projects are involving design input from a wide range of consultants and other […]
As a risk management resource for AIA Members, the AIA Trust develops white papers on topics of critical and evolving risks for architects. If you don’t have time to read the white papers, new synopses give you the important facts. Check them out now—so you stay out in front of critical risks.
From 2005 through 2015, almost all intellectual property claims against design professionals in the Schinnerer and CNA program involved copyright issues. Intellectual property, perhaps the most valuable asset for design professionals, includes trademarks, patents, and copyrights. While intellectual property claims in the program were minimal, design professionals should be aware of these risks arising from […]
Risk management education is key to managing a successful firm—and utilizing risk management webinars on critical topics is an indispensable approach. The longevity of an organization doesn’t happen by chance. It is the result of careful planning that includes proactive risk management.
Are you clear on the federal pay rules for compensating overtime correctly so your firm isn’t confronted with audits, back pay, and fines?
Integrating architectural services into a more collaborative design and construction process is transforming practice today. And younger architects are leading this transformation. Design creativity and instantaneous communications are two key characteristics of the youngest generation in the architecture profession. Rapid changes in technology provide transformational tools to enhance both creativity and communication.
Going to A’17? Don’t miss the free seated massage, daily raffles for tech prizes, helpful practice advice, free gifts and snacks—all brought to you by the AIA Trust in Booth #2485.
In just 30 seconds, discover why the AIA Trust is Where Smart Architects Manage Risk.