What Are Some Examples of Engineering Insurance Claims? Professional liability insurance for engineers (or engineering errors and omissions insurance) is critical for all engineering firms. Imagine that you design a bridge with a flaw that subsequently causes it to fail and people are injured. Your policy can cover what’s called “contingent bodily injury and property damage,” meaning that costs related to lawsuits over the bridge collapse can be paid. You may also be covered if…

After launching the Champions for Charity initiative in August of 2023, the Great Lakes Division of NFM Lending has donated $18,500 to charities throughout Ohio. These donations have been made to 19 charities, from Be the One, to the LENN Foundation and A Kid Again. “Champions for Charity has been a great success in uplifting local charities while allowing our mortgage advisors to continue to boost service and experience for our clients and partners,” said…

Global Aerospace Editorial Team, February 22, 2024InnovationMany industry observers predict 2024 to be a pivotal year for pioneers of electric vertical take-off and landing (eVTOL) vehicles seeking to create the Urban Air Mobility (UAM) market. With capital becoming harder to raise and the path to certification still challenging, consolidation might begin among the 500 or so companies aiming to bring electric aircraft services to fruition. At the same time, as some companies edge closer to…

Global Aerospace Editorial Team, February 2, 2024Space and SatellitesWe are on the doorstep of the most profound industrial revolution in human history. The world is entering a new era of unprecedented economic activity marked by the transition from 60 years of space exploration to a future in which we extend our cities, communities, and factories into space. Humanity’s next chapter will be defined by unlocking the next great discoveries using new, commercial, on-orbit infrastructure just…

Commercial Plumbing: What To Expect in a Backflow Preventer InspectionFebruary 19, 2024 by TimberlineIf you own a commercial building or manage a commercial property, one of your top priorities must be ensuring critical systems like plumbing and electrical function as designed. That includes providing tenants access to potable water and ensuring that drinking water flows into your building but never back into the municipal water supply. That one-way flow is required under government regulations and…

Workers’ Compensation Insurance Frequently Asked Questions If you have questions, our licensed insurance experts are happy to talk with you. However, for your convenience, answers to some of the workers’ compensation insurance questions we get asked most frequently are below. Does my business need workers’ compensation insurance? Most businesses with employees are required by law to have workers’ compensation insurance. Our licensed insurance experts can provide guidance on whether you need coverage. On average, what…

People who don’t get enough high-quality rest understand these things about inadequate sleep:  Lack of sleep is debilitating.  It has major negative implications for mood and day-to-day happiness.  There is no quick fix.  Lack of sleep can have devastating effects.  The notion of a “sleep debt” or “sleep deficit” accumulating and impacting physical and mental health is well documented and understood by those who have studied sleep. Sleep debt is particularly dangerous and risky for…

Standard Operating Procedures (SOPs) are woven into the structure of many aviation companies and serve as the guideline for executing daily operations. Your employees likely know them by heart because they are used consistently and across a broad variety of contexts.Emergency Response Plans (ERPs), however, are much more infrequently used in most organizations. When an abnormal situation disrupts your operation, is your team versed in their roles? Are they prepared to handle the emergency? Do…

Truckers have a well-deserved reputation for toughness and resilience. They have a job to do and are committed to getting the semi trailers of goods or materials they’re hauling to their destinations safely and on time.The downside of that unwavering focus on meeting deadlines and expectations is that they tend to ignore something more important: their health. Truckers are famous for statements like, “I’ll get that pain checked out next time I’m home,” or “Life’s…

Aviation has always been an evolving industry. However, the pace of change today is truly remarkable. From technical innovations to new and promising sustainability initiatives, each day brings new opportunities. However, they are inevitably accompanied by new challenges and risks. As a service to our clients, business partners, and other industry stakeholders, we share our observations annually in a publication called Jetstream. It includes several articles on what we and other experts see as some…