For over 50 years Dealey, Renton & Associates (DRA) has helped our firms with their risk management and insurance needs. As part of our ongoing efforts, DRA publishes a monthly newsletter for clients and industry partners on general and professional risk management issues facing design firms.
The following is a summary of our August 2016 newsletter
Risk Management
Participate in a 'Joint Venture'? Seems like a simple question!
Mike Murtaugh of Murtaugh Meyer Nelson & Treglia, LLP discusses critical risk management and legal issues which should be considered during the early stages of a 'joint venture' conversation.
Project Insurance
How does coverage under a 'wrap-up' work for a design firm?
A common insurance solution for major projects may not be practical for design and related professionals. Dealey, Renton's discourse explains the nature of a 'wrap-up' program and significant considerations for designers as they review required participation documents and obligations.
Claims Trends
Real Professional Liability Claims from an Industry Leader
Beazley Insurance, a major underwriter of top ENR design firms provides commentary about the sources of their largest claims from their most recent professional liability claims study.
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