October 30, 2015 / by KMRD Partners / Risk Control, Risks Ahead Series / 0 comments
Wi-Fi hot spots can leave you, your colleagues your staff and your hard won information wide open to hackers. Once they penetrate your server, all of your information is vulnerable, making you liable for any damages a party may bring in a breach allegation. This makes transferring risk through cyber insurance a critical component of […]
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Risks Ahead. Did you know? Financial stress can take a toll on your health.
January 8, 2016 / by KMRD Partners / Risks Ahead Series / 0 comments
Self reported depression among people who are financially stressed: 23% Self reported depression among people who are not financially stressed: 4% Self reported headaches or migraines among people who are financially stressed: 23% Self reported headaches or migraines among people who are not financially stressed: 4% Self reported ulcers or digestive tract problems among people […]
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Risks Ahead. Have you checked your New Year’s Eve Risk Profile lately?
December 31, 2015 / by KMRD Partners / Risks Ahead Series / 0 comments
More than 4,000 vehicles are stolen on New Year’s Eve and New Year’s Day, according to the National Insurance Crime Bureau. New Year’s Eve/New Year’s Day is the second most deadly day for drivers, according to the Insurance Institute For Highway Safety. Some people believe breaking anything on New Year’s Day could ring in a year […]
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Homeowners Risks Ahead. Beware of these holiday season hazards
December 18, 2015 / by KMRD Partners / Risks Ahead Series / 0 comments
When hosting a holiday party, review the liability portion of your homeowners or renters policy in the event a guest who gets sick after consuming food at your home sues you. In many states, party hosts can be held liable if a guest is involved in an alcohol-related accident. Many courts have found hosts liable […]
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Winter Risks Ahead. Winter begins in two weeks, and with it come these risks
December 10, 2015 / by KMRD Partners / Risks Ahead Series / 0 comments
From 1994 – 2013 insured winter storm catastrophe losses totaled more than $1 billion a year on average. Approximately 23% of vehicle crashes each year – nearly 1,312,000 – are weather related. 17% occur during snow or sleet. Water damage and freezing account for almost 22% of homeowners insurance claims, with an average of $4,024 […]
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Risks Ahead. Did you know? The following key risks are not typically covered by a General Liability Policy?
December 4, 2015 / by KMRD Partners / Insurance Coverage, Risks Ahead Series / 0 comments
Financial injury resulting from actual or alleged misrepresentation, mismanagement, or lack of oversight by a company’s directors and officers. Employment-related discrimination, harassment or retaliation. Breach of fiduciary duty imposed by ERISA for an employee benefit fiduciary liability claim. Financial injury that may be insured by professional liability or product or service E&O liability policies. First-party […]
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Risks Ahead. Have you checked your Thanksgiving risk profile lately?
November 25, 2015 / by KMRD Partners / Risks Ahead Series / 0 comments
The traditional American Thanksgiving dinner includes 3,000 – 4,500 calories. This can lead to “holiday heart syndrome,” which is caused by the combination of alcohol and overeating – often, binge drinking and binge eating – in people with otherwise normal hearts. This leads to supraventricular arrhythmias, typically atrial fibrillation. One glass of red wine amounts […]
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Risks Ahead. Prescription drug abuse leads to longer recovery periods, which can drive up Workers Compensation costs.
November 20, 2015 / by KMRD Partners / Risks Ahead Series / 0 comments
According to Dr. Barry Sample, of Qwest Diagnostics, the incidence of prescription drug use is lower in workplaces that test for drugs. The US consumes 71% of global oxycodone supply and 99% of global hydrocodone supply. Nearly 75% of prescription drug overdoses are caused by prescription painkillers. Over 70% of people who abuse prescription painkillers […]
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Risks Ahead. Driving and just about anything else don’t mix… Fleet Safety
November 13, 2015 / by KMRD Partners / Risks Ahead Series / 0 comments
According to a study fielded by AAA, listening to the radio and driving is a category 1 distraction. Talking on a hand-held or hands-free cell phone resulted in a category 2 distraction. Using an error-free speech-to-text system to listen to and compose e-mails is a category 3 distraction. Hands- and eyes-free use of Apple’s Siri […]
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Risks Ahead. WiFi Warning
October 30, 2015 / by KMRD Partners / Risk Control, Risks Ahead Series / 0 comments
Wi-Fi hot spots can leave you, your colleagues your staff and your hard won information wide open to hackers. Once they penetrate your server, all of your information is vulnerable, making you liable for any damages a party may bring in a breach allegation. This makes transferring risk through cyber insurance a critical component of […]
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Risks Ahead. Drowsy Drivers Cause Accidents – Update Your Auto Fleet Manual to Increase Awareness
October 23, 2015 / by KMRD Partners / Risks Ahead Series / 0 comments
According to a study by AAA Foundation for Traffic Safety, between 2009 and 2013 21% of all fatal crashes involved a drowsy driver. 1. 37% of drivers report having fallen asleep behind the wheel at some point in their lives. 2. 11% report having fallen asleep behind the wheel in the past year. 3. Most […]
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