Search results
"tag:"claims studies""
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1
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The Risks of Oral Agreements
One of the most important rules in good risk management is to avoid oral agreements. Our claims statistics back that up – compared to when a standard American Institute of Architects or Engineers Joint Contract Documents Committee contract is used, ... |
Nov 8, 2012 8:30:00 AM |
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2
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Sports Facilities Claims Study
From 2000 through 2009, the average indemnity payment for a sports facility claim was $132,945. As is consistent with other types of claims, clients filed the most claims (66%), and the majority of these claims were made against architects (53%). The ... |
Jul 24, 2012 7:44:00 AM |
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Parking Garage Claims
From 2001 through 2010, claims in the Schinnerer and CNA professional liability program involving parking garages were most often brought against architects (42%), civil engineers (20%), and structural engineers (19%).The following is an example of a ... |
Apr 27, 2012 8:21:00 AM |
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4
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Library Claims
Library project claims tend to be less severe than claims stemming from other project types. From 2001 through 2010, the highest frequency (55%) and severity (76%) for library claims involved delays and extras. The following is an example of a library ... |
Mar 29, 2012 7:51:00 AM |
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5
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Land/Site Development Claims
Land/site development claims can be risky for civil engineers and land surveyors. The average indemnity payment of a site development claim from 2001 to 2010 was more than $108,000. The following is an example of a site development claim: A civil engineer ... |
Feb 16, 2012 7:39:00 AM |
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6
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Correctional Facility Claims
Claims involving correctional facilities represent a small percentage of the total number of claims in the Schinnerer and CNA program. However, the cost of these claims can be severe. From 2000 to 2009 the average indemnity payment was $203,286. The ... |
Jan 17, 2012 10:32:00 AM |
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Additional Resource on Managing Condominium Projects
Much has been said about the liability risks of condo projects. Claims experience shows that condos represent one of the worst project typeswhencompared tothe billings earned for this type of work. Our claims study on habitability claims details some of ... |
Jun 6, 2011 8:37:00 AM |
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8
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Take Advantage of Our Recent Claims Studies
With the end of 2010 approaching, we would like to remind you of the four new claims studies we have added this year. Our claims studies analyze claims that have been brought against design professionals in the Schinnerer and CNA professional liability ... |
Dec 8, 2010 4:56:00 PM |