Is Your Insurance Coverage Keeping Pace?

KMRD Are You Ready for One Minute From Normal?

Insurance Journal recently cited a report indicating, “Commodity price volatility and the rising cost of raw materials such as steel are fueling a rise in rebuilding costs for plants and facilities, particularly for companies operating in the energy sector.” The report went on to warn this imbalance could potentially have disastrous consequences for companies that […]

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Digital Data Risks – KMRD

KMRD Are You Ready for One Minute From Normal?

A recent survey by Pricewaterhouse Coopers LLP found that although hospitals, doctors, pharmacies and insurers are eager to adapt to increasingly digital patient data, less than half are addressing implications for privacy and security. Less than half have also addressed issues related to mobile devices, while less than a quarter have addressed issues related to […]

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Could your business be lost in 10 days?

KMRD Are You Ready for One Minute From Normal?

Following a summer of meteorological mayhem, peaceful tranquility has finally broken out. As I write this the temperature is a comfortable 82 degrees, and the wind is blowing SW at 10 mph. And yet, in towns throughout the Middle Atlantic and New England states, it is far from peaceful as business owners continue their efforts […]

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9 steps to avoid negligent entrustment

KMRD Are You Ready for One Minute From Normal?

Agent & Broker Insider today featured a web exclusive on Negligent Entrustment written by Steve Macauley, a partner at KMRD Partners. Steve has more than 30 years experience in the property and casualty brokerage insurance industry focusing on large complex accounts. Steve’s background is well-rounded with experience serving the end-user as well as designing and […]

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Don’t be a Weiner – Social Media Risk

Stress

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? Congressman Anthony Weiner has demonstrated how improper use of social media can have disastrous consequences. To protect your firm from the actions of an errant staff member begin with a list of […]

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Disaster Recovery – Your help is needed

KMRD Are You Ready for One Minute From Normal?

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? With flowers blooming, birds chirping and hamburgers sizzling on the grill, what is there not to like about June? If you work for FEMA or the American Red Cross, or live in […]

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Tornado Risk – Lost and found in Joplin

KMRD - Are You Ready For One Minute From Normal?

A now famous tornado ripped through Joplin, MO at a speed exceeding 198 mph. While this tornado was just one of 68 tornadoes reported across seven Midwestern states over the weekend, this unscheduled event has seized the attention of the country. As of Tuesday morning, 117 people were reported killed.  The NY Times is indicating […]

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Floods, tornadoes and risk management

As you read this e-mail, communities from Memphis to New Orleans are coping with the effects of the rising Mississippi River. In Missouri more than 130,000 acres of agricultural land have been flooded. Because the flooding is expected to continue until the end of May, it is impossible to put a price tag on damages. […]

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Don’t play around with cyber security

From April 17 – 19, “an illegal intrusion” into Sony’s PlayStation system caused “a compromise of personal information” for up to 77 million user accounts. To put this into perspective, 77 million is only slightly less than the combined populations of the United Kingdom, Ireland, Sweden and Norway.  As with the recent Epsilon data breach, […]

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