Liability-driven investing, or LDI, is an investment strategy that focuses on matching assets with liabilities. This strategy is used by pension plans to hedge against market-related risks that could ...
Design liability and right-of-way risk allocation are topics addressed in a legal research digest recently published by the Transportation Research Board’s National Cooperative Highway Research ...
In today’s construction industry, it is no secret that there is always increasing pressure to speed up schedules and to keep costs down. One key factor that can help achieve these goals is to increase ...
Just when the construction industry was about to emerge from the doldrums, a series of game-changing events has raised the stakes for some of its major participants. Design professionals and ...
The wall that shields design professionals from lawsuits by contractors with whom the designer has no contractual relationship continues to be whittled away. Where a contractor alleges that it has ...
Peter S. Britell and Ashley A. Dunn of Venable write: There is an "issue du jour" in almost every new major design and construction project—limitation of liability. The architect and construction ...
While architects and engineers take responsibility for the safety of the buildings they design, they usually are not responsible for protecting the property or the people on-site during construction.
Insurers intend to raise prices of design professional liability insurance for a third consecutive year in 2024, according to a survey of 17 leading providers. Broker Ames & Gough, which conducted the ...
Every motorcycle manufacturer has known for decades of the safety importance of including a headlight system which provides important visual cues to other motorists to minimize cross-over collisions.