Professional Liability Insurance Resources
Hall & Company is
an AIA Continuing
NEW WEBINAR: Foresight 20/20: Creating a Crisis Prevention & Response Plan - Hall & Company invites you and your staff to participate in an online webinar presentation: Foresight 20/20: Creating a Crisis Prevention & Response Plan. Our presenter, Dan Weedin of Toro Consulting, Inc., will help participants better understand the urgency and importance of a crisis plan as a tool to prevent and significantly minimize business calamity. Mr. Weedin will offer prevention strategies that can be immediately and easily implemented. More importantly, Dan’s techniques will aid in the crucial identification, analyzing, control, finance, and monitoring of risk.
• Learn how to control and finance (insurance) options to maximize protection
• Receive a simple process for creating a template for a crisis and disaster recovery plan for any situation
• Create an effective communication plan to engage with employees, clients, key stakeholders, media, and community
• Receive an outline of the 7 deadly dangers of the 21st century
RECORDED WEBINAR: Yours Mine Ours...Who's Responsible for the Design? - If you missed our recent webinar presentation - Yours, Mine, and Ours…Who’s Responsible for the Design, here your chance to catch the great information provided by our speaker Barbara Sable or RLI Corp. Barbara elaborates on information addressed in a previous webinar provided by RLI Corporation which discussed the sophistication of modern building envelopes and systems, and new project delivery systems, and how they have increased the number of contributors to a project’s design and created a complex web of relationships among them.
Participants in this course will learn:
• Common Scenarios of Delegated and Shared Design Responsibility
• Concerns Raised by Delegated/Shared Design Responsibility
• Principal Factors Determining Responsibility (and Liability) for Design
• Alternative Sources of Project Design
This webinar has been approved for 1 AIA Learning Unit.
RISK MANAGEMENT EVENTS
NEW Professional Development Unit Course Available - Managing Engineering Services Contracts - John Lowe of Lowe Consulting, LLC was commissioned by Engineer Educators, Inc. to prepare the course when they found out about his weekly e-mail “Topics”. Managing Engineering Services Contracts familiarizes students with the terms and process involved in managing engineering services contracts to include the elements of a contract, expectation management, scope of work, and basis of payment. The course also provides an overview of contract implementation during design, bidding and construction. This course is worth 4 Professional Development Hours.
Toro Consulting, Inc.
Dan Weedin, a fee-based insurance and risk management consultant, founded Toro Consulting, Inc. in August of 2005. Dan has assisted business owners, executives, and organizations accelerate the risk management decision-making process, improve the quality of those crucial decisions, and turn their organizational risk into reward. Dan earned his Certified Insurance Counselor (CIC) designation in 1996, and completed his Certified Risk Manager (CRM) designation in 2011. He is licensed as an agent and broker in the State of Washington, however sells no insurance. Mr. Weedin is a true advocate for his clients.
Visit their website.
Yours, Mine, Ours...Who's Responsible for that Design? - by Barbara Sable, RLI Professional Services
What Design Professional Should Understand When Faced With a Claim Situation - by Ashley Hurd, Hall & Company
Design professionals time and again find themselves faced with the situation of whether or not to report something to their professional liability carrier. Certainly, there is an abundance of risk management webinars, programs and articles, all discussing what steps to take for preventing a claim or incident from taking place, but this question being addressed here is what steps design professionals should take if they are challenged with a situation in which they’re certain a claim will come to fruition.
This is an annual research project conducted by FMI, Inc. regarding the Architectural, Engineering and Construction industry.
Understanding the Reservation of Rights Letter - by Ashley Hurd, Hall & Company
You receive your mail and discover a letter from your professional liability insurance company. As you are about to file away the letter, you notice that the insurance company is advising you that there are allegations regarding a recently submitted claim that may potentially cause coverage problems. Your immediate concern is does this means you have no coverage for the claim.