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 Quarterly eNewsletter of The AIA Trust —October 2018
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 […]
Safe driving and accident prevention may help to ensure your safety, yet you can still be the victim of someone else’s mistake. Accidents kill someone every 4 minutes in America according to the 2010 Injury Facts report by the National Safety Council. In fact, accidents are the leading cause of death for adult Americans under […]
You’ve probably heard a version of the proverbial saying: “nothing is certain except death and taxes.” And we all know, as unpleasant as both are, they are inevitable. That’s why it was surprising when a recent study revealed that only 44 percent of all American households have life insurance—the key financial security to protect loved […]