April 8, 2022 / by KMRD Partners / Blog, General
Nonprofits face a broad array of risks. Securing the proper insurance coverage is vital to protect the people and assets that support the organization in fulfilling their mission. There are many challenges nonprofits of all sizes must face associated with operations, fundraising, public relations, volunteers, and more. There are several types of nonprofit insurance policies […]
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Does a Manufacturer Need Employment Practices Liability Insurance?
September 22, 2019 / by KMRD Partners / Blog, From Kevin's Desk, Inside View / 0 comments
The U.S. Equal Employment Opportunity Commission received 84,254 discriminatory employment-practices complaints last year. In addition to lawsuits filed by private citizens, claims filed by federal, state and city regulators are causing more businesses to purchase employment practices liability insurance, known by the shorthand EPLI. Employment practices liability insurance protects an employer from an employee’s claim […]
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Why Businesses Need Employment Practices Liability Insurance
July 27, 2016 / by KMRD Partners / One Minute From Normal Series / 0 comments
In 2015, the EEOC received 89,385 discriminatory employment practices complaints, including more than 4,000 in Pennsylvania alone. In addition to private party lawsuits, the increase in claims brought on by federal, state and city regulators is causing more businesses to purchase Employment Practices Liability Insurance (“EPLI”). A decade ago, most businesses didn’t buy employment practices liability insurance (EPLI). […]
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Risks Ahead. Is your firm covered for Employment Practices Liability?
September 18, 2015 / by KMRD Partners / Risks Ahead Series / 0 comments
The probability of a plaintiff receiving a favorable verdict in a jury trial involving an employment practices liability (EPL) claim exceeded 50% in 2012. The median jury verdict in a trial involving an EPL claim was $70,000; the mean verdict was $513,771. The amount of all verdicts in such cases ranged from $53 to $42.7 […]
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Employment Practices Liability Insurance – Five scary EPL facts
September 17, 2015 / by KMRD Partners / Insurance Coverage, One Minute From Normal Series / 0 comments
At our website www.oneminutefromnormal.com we ask visitors the question: What if an unscheduled event suddenly seizes control of your business? Are you ready? Virtually every firm faces an exposure to employment related claims. Following are a few data points measuring your company’s risk: More than 450 employment-related lawsuits are filed in the United States every […]
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Risks Ahead. Have you checked your Employment Practices Liability Coverage lately?
August 22, 2014 / by KMRD Partners / Risks Ahead Series / 0 comments
Have you checked your Employment Practices Liability Coverage lately? The average US-based business with at least 10 employees has a 1 in 8 chance of being accused of an employment liability charge, according to an employment practices litigation study released by Hiscox in April 2014. Wage and hour lawsuits in federal court have gone up […]
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Mergers and Acquisitions – Insurance & Risk Issues
September 26, 2023 / by Danielle Latronica / Blog, From Bob Dietzel's Desk
Risk and Insurance Issues Regarding Mergers and Acquisitions – 2 Myths & 3 Lessons Over the years our risk, insurance and human capital advisory firm KMRD Partners has supported companies contemplating a merger, acquisition or sale with due diligence and other risk related issues. Here are some things to consider, along with five important lessons […]
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Nonprofit Insurance Needs
April 8, 2022 / by KMRD Partners / Blog, General
Nonprofits face a broad array of risks. Securing the proper insurance coverage is vital to protect the people and assets that support the organization in fulfilling their mission. There are many challenges nonprofits of all sizes must face associated with operations, fundraising, public relations, volunteers, and more. There are several types of nonprofit insurance policies […]
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New Delaware Law to Require Sexual Harassment Prevention Training Program; What You Need to Know to Secure Your Business
September 18, 2018 / by KMRD Partners / Blog, From John's Desk, Human Capital & Benefits Solutions
By John E. Garber, Jr., SPHR, SHRM-SCP The State of Delaware joins a list of states mandating sexual harassment prevention training; KMRD recommends all Delaware employers provide interactive training as part of a comprehensive employment practices risk management program. On August 29th, it was announced that the State of Delaware has joined a growing list of […]
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Sexual Harassment and Workplace Misconduct: Developing and Implementing an Effective Approach (Part Two)
March 8, 2018 / by KMRD Partners / Blog, From John's Desk, Human Capital & Benefits Solutions
By John E. Garber, Jr., SPHR, SHRM-SCP and Christin Smith Myers Read Part One of this blog series here Part Two: Addressing the Challenge Developing and Implementing an Effective Approach As we stated in our previous blog post, the risks associated with a culture of sexual harassment and workplace misconduct are clear. How should they be addressed? […]
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Education Risk Management and Educator’s Insurance
May 18, 2017 / by KMRD Partners /
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