Filtered by author: Emily Weidner Clear Filter

The Importance of Understanding Payment Provisions

The Importance of Understanding Payment Provisions

The material provided in these articles is for informational purposes only. Before taking any action that could have legal or other important consequences, speak with a qualified professional who can provide guidance that considers your unique circumstances.

Understanding payment provisions in design professional contracts is vital for a successful project. These provisions specify how, when, and how much professionals will be paid for their design services.

Read More

5 Common Claim Mistakes

Navigating the world of Design Professional Liability claims can be intimidating. This article sheds light on five common mistakes that architects and engineers often make in professional liability claims. Understanding and addressing these pitfalls is paramount for those committed to delivering high-quality services.

1. Not Reporting

Read More

Mod your Mod! Understanding and Managing Your Workers’ Compensation Experience Modifier

As an employer, if you have had a workers’ compensation claim you are probably aware of and keenly sensitive to your workers’ compensation experience modifier.  Not only does it have a direct impact on the cost of workers’ compensation insurance, but also having a favorable experience modifier is often required to work on certain projects.  Given the importance of the “mod” to your business, we thought it would be important to review some basic information about how it is calculated and equip you with some strategies for making sure it is at the lowest possible.

At the most basic level, your organization’s experience modifier is a measure of whether your organization is likely to have either more or less claims than another company performing similar operations based on claims history.  Having a low mod, below a 1.00, results in a credit on your workers’ compensation premium and having a high mod, or above a 1.00 results in a debit on your workers’ compensation premium. While the calculation is somewhat complex, knowing some key facts about how it is calculated can help your risk management strategy maximize its impact on your mod and workers’ compensation cost.

Read More

Be a Good Neighbor: Strategies to Mitigate Risk of Damage to Adjacent Properties

By Andrew Mendelson, FAIA
Executive Vice President, Chief Risk Management and CX Officer
Berkley Design Professional, a Berkley Company



Read More

Design and Nature Based Solutions

By: Staci Brinson, Esq.
AXA XL Design Professional
Loss Prevention and Education



Read More

Looking Ahead at Project and Discipline Risks

By Staci Brinson, Esq.
AXA XL Design Professional
Loss Prevention and Education



Read More

The Benefits of Centralizing Your Claims and Risk Management Responsibilities

By Mark A. Froehlich
Assistant Vice President, Senior Claims Examiner
Berkley Alliance Managers, a Berkley Company



Read More