Disabilities happen every day. According to the Disability Status Report published in 2010 by Cornell University, 40.4% of Americans between the age of 21 and 64 with a disability are unemployed. While these are not things we like to hear and talk about, these are numbers we cannot and should not ignore. Many people believe […]
The Quarterly eNewsletter of The AIA Trust —October 2017
If you have a 401(k) plan, you might be tempted to borrow money from it. Keep in mind that the purpose of a 401(k) is to save for retirement. Take money out now, and you’ll risk running out of money during retirement. Still, if you’re facing a financial emergency, borrowing money from your 401(k) may […]
Decision driving tips can sharpen your skills behind the wheel. You may never have had a collision, or received a citation for speeding, or even paid a parking ticket. But no matter how well you drive, it always helps to keep in mind a few pointers that will help keep your record clean and your […]
The AIA Trust released a new white paper on a topic of vital interest to AIA Members—the evolving standard of care. The standard of care is the prevailing benchmark of professional practice in architecture and design and the threshold of protection under professional liability insurance. The design professional’s standard of care is generally based on […]
In suits alleging negligence in the performance of professional services, well-drafted documents and well-kept, comprehensive records are the strongest defensive weapons available to professionals. The following practices and procedures can be vital to a firm’s continued profitability in the face of costly litigation.
Offering your employees good benefits, including salary, health care coverage, and retirement incentives are key to retaining your top employees and in return, contribute to your firm’s success. In a recent survey, The Study of Employee Benefit Trends, conducted by MetLife in 2010, 47 percent of employers said that keeping their current employees is their […]
When your wallet is lost or stolen, it’s tough not to fear the worst—credit card fraud and identity theft. But you can hold the panic at bay by acting quickly and taking a few preventative measures that help protect your credit and reduce your liability.
As architects continue to face economic challenges in the architectural and broader economic community, merger and acquisition activity is again increasing in the design firm world. Unfortunately, concerned more about clients and culture, too many firms wait until the last minute to consult with their insurance advisor. This is a bad mistake that can cost […]