SmartRisk news
Stay up to date on industry news.SmartRisk Report Newsletter Signup
This FREE newsletter addresses topics and issues affecting risk, liability exposures and performance for design and building professionals today. Current developments, claim trends; rulings, case studies and recommendations are addressed. If you are interested in obtaining a free electronic copy of the newsletter, please use the below sign-up form. Your information shall remain strictly confidential and will not be shared with third parties.
SmartRisk Newsletters & Archive
How Effective is Your Risk Management Program?
Many design firms attend risk management training sessions and implement certain practices based on an industry trend or claim. Other firms may only concentrate on contracts and insurance coverage’s as a risk management strategy, which is only a portion of an effective risk management program.
The Recessions Impact on A/E Claims
At the peak in 2006, total construction expenditures, including design fees, were just over 1.2 trillion dollars. The recession hit in 2008 and finally bottomed out…
Primary Causes of A/E Claims
Design Professionals (DP) can be found liable for claims and damages in various situations. The claims and types of damages depends on who files the claim…
Importance of Defining Quality and Expectations
Defining the expected level of quality is extremely important for both the Client and design firm.
Lender Created Liability for A/E’s
A small phase inside a Client contact agreement is causing problems for A/E firms.
Industry News
Engineering Firm Sues Insurance Carrier to Help Cover Legal Costs
The engineering firm behind two collapsed bridges at Wake Tech’s Northern Campus is suing its insurance company, arguing that the insurer should help cover legal bills stemming from several lawsuits filed against the firm.
Court holds construction manager at risk responsible for design errors.
The Worcester Superior Court recently issued a potentially landmark decision clarifying the risk that construction managers…
A&E Legal Alert: California Supreme Court Issues Beacon Decision
The Supreme Court of California has published its decision in Beacon v. Skidmore, Owings & Merrill. In short, prime architects owe a duty…
Post-recession construction is a new ballgame for architects, engineers
The Recession has led to a rapid pace of change in the architectural/engineering delivery model in retail construction…
Events of Interest:
Questions, Comments
Please contact us.