Contract Clues: Leveraging Indemnity to Transfer Contractual Risk
An indemnity clause is a form of contractual risk transfer that shares similarities with the hold harmless provision, but with some crucial differences.
An indemnity clause is a form of contractual risk transfer that shares similarities with the hold harmless provision, but with some crucial differences.
The U.S. Department of Housing and Urban Development (HUD) this week announced “substantive changes” to a portion of its Section 8 Renewal Policy Guidebook to streamline project-based rental assistance contract renewals.
High-rise buildings present several unique fire safety challenges compared to low-rise buildings and single-family homes.
Cybersecurity threats are all too real for housing organizations and take many forms, including phishing, ransomware, and business email compromise.
Your housing organization never needs an excuse to celebrate its achievements, but before hosting your next special event, consider a short-term event liability insurance policy for a little extra peace of mind.
Left untreated, mold can cause significant health risks for your residents—and significant liability for your organization. Don't believe us? The image at the top of this article, courtesy of AEI Consultants, is a great example of what can happen to a unit when mold is left unaddressed. To help you combat the fast-growing fungi, HAI Group turned to three experts: Tim Woodward and Sarah Feit of AEI Consultants, and Lawrence Schnapf of Schnapf Law.
Insurance is optional for most businesses. Still, given the role insurance plays in minimizing financial loss in the event of a mishap, it’s a layer of protection most companies opt to purchase. For a public housing agency (PHA), the decision to purchase insurance extends beyond protecting people, property, and assets—certain coverages must be purchased if the PHA is interested in funding from the U.S. Department of Housing and Urban Development (HUD).
Contract negotiations are critical in ensuring your housing organization actually receives the products and services it requires.
Does your housing organization have insurance coverage to protect lost, stolen, or damaged business personal property?
Improving your public housing organization's cybersecurity posture is necessary for 2023, especially given the high stakes.