November 21, 2012 / by KMRD Partners / One Minute From Normal Series / 0 comments
Nearly one month later, many businesses continue to experience the effects of Hurricane Sandy. Efforts to rebuild these businesses – physically, financially and psychologically – will continue for many months to come. For businesses that planned for this One Minute From Normal event by purchasing proper insurance coverage, efforts to rebuild are likely to conclude […]
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Could You Lose Your Business Due to a Flood?
August 6, 2014 / by KMRD Partners / Insurance Coverage, One Minute From Normal Series / 0 comments
According to scientists, Gulf Stream water currents in the Atlantic Ocean have slowed to their weakest level in 1,000 years, threatening shifts in U.S. and European weather, as well as rising coastal sea levels including in New York and Boston. Pennsylvania is considered to be one of the most flood-prone states in the nation, with […]
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Fire On the Boardwalk – Why business interruption coverage is a crucial element of a comprehensive risk management plan
September 18, 2013 / by KMRD Partners / One Minute From Normal Series / 0 comments
It seemed inconceivable New Jersey’s Seaside Heights would be one minute from normal for a second time in two years. Yet, that is exactly what happened when wind-blown fire destroyed six blocks of boardwalk and nearly 50 businesses. Since fire is covered by a standard commercial insurance policy, businesses with adequate coverage will be compensated […]
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Is the Atlantic coast all clear? Getting Ready for Hurricane Season
September 5, 2013 / by KMRD Partners / One Minute From Normal Series / 0 comments
In May, the National Oceanic and Atmospheric Administration predicted a “very active” Atlantic hurricane season and reported it expected between seven and eleven hurricanes. And yet, although Monday was the midpoint of the hurricane season, which ends November 30, so far there hasn’t been even one hurricane. Does this mean we are in the clear? […]
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Hurricane Season – Here we go again
June 6, 2013 / by KMRD Partners / One Minute From Normal Series / 0 comments
Even while post Sandy restoration efforts continue along the Jersey Shore, the NOAA’s Climate Prediction Center has reported there is a 70% likelihood of 13 to 20 named storms in the Atlantic this year. 7 to 11 of these storms may become hurricanes, while 3 – 6 may develop into Category 3, 4 or 5 […]
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The Hurricane Next Time – Sandy’s New Normal
January 30, 2013 / by KMRD Partners / One Minute From Normal Series / 0 comments
Three months have passed since Hurricane Sandy’s disastrous consequences. The passage of time, combined with a quiet 2013 (thus far), can tempt us to forget Sandy’s lessons. Speaking before the Property Casualty Insurance Association of America, historical climatologist Evelyn Browning Garriss recommends otherwise. She warned there is a “new normal” in weather patterns. “We are […]
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Business Continuity & Recovery Solutions
December 18, 2012 / by KMRD Partners / One Minute From Normal Series / 0 comments
When it comes to getting ready for what can happen one minute from normal, forward-thinking risk management is critically important. Decisions you make before one minute from normal arrives may determine whether or not your business survives. A particularly important decision concerns disaster recovery and business continuity services. Following a disaster, most businesses simply are […]
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Learning From Hurricane Sandy
December 7, 2012 / by KMRD Partners / One Minute From Normal Series / 0 comments
It has been a little more than one month since Hurricane Sandy tore across the East Coast, leaving a path of consequences in its wake. One of these consequences appears to be the growing realization we can expect ruinous weather-related events to recur with numbing frequency. Twenty of the thirty most expensive insured catastrophes worldwide […]
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Time Is Running Out for FEMA Assistance
November 28, 2012 / by KMRD Partners / One Minute From Normal Series / 0 comments
Homeowners and businesses affected by Hurricane Sandy have only a little more than a month to apply for FEMA assistance. Following are filing and eligibility guidelines: FEMA assistance available to businesses generally comes in the form of a loan from the Small Business Association. Depending upon your situation and the nature of your business, these […]
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Thanksgiving After Hurricane Sandy
November 21, 2012 / by KMRD Partners / One Minute From Normal Series / 0 comments
Nearly one month later, many businesses continue to experience the effects of Hurricane Sandy. Efforts to rebuild these businesses – physically, financially and psychologically – will continue for many months to come. For businesses that planned for this One Minute From Normal event by purchasing proper insurance coverage, efforts to rebuild are likely to conclude […]
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Business Interruption Insurance and Sandy
November 15, 2012 / by KMRD Partners / One Minute From Normal Series / 0 comments
For many businesses, Hurricane Sandy was an unpleasant reminder of how quickly One Minute From Normal can arrive. Employees were unable to show up for work, inventory shipments were delayed, supply chains were broken and work had to be rescheduled. Some companies experienced a complete cessation of business activity. These business interruptions have been a […]
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