April 6, 2011 / by KMRD Partners / One Minute From Normal Series / 0 comments
Epsilon, the largest permission based e-mail marketing provider, reported an e-mail addresses data breach this past Friday. Kroger, JP Morgan Chase, Citi, Capital One, Best Buy, The College Board, Brookstone and TiVo are just some of the companies that have advised their customers about the incident. Although Epsilon is stating that stolen data has been […]
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Errors with E&O – Part 1 – KMRD
June 6, 2012 / by KMRD Partners / One Minute From Normal Series / 0 comments
During the otherwise error free month of June we will review how professional liability insurance, also known as E&O, can help three fictitious firms be ready for one minute from normal. Let’s begin with the question: How do you know if your firm needs professional liability insurance? Traditionally, “learned professions” including legal, medical, engineering, accounting […]
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Floods, tornadoes and risk management
May 11, 2011 / by KMRD Partners / One Minute From Normal Series / 0 comments
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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More negative consequences from negligent entrustment
April 19, 2011 / by KMRD Partners / One Minute From Normal Series / 0 comments
Negligent entrustment, as we recently e-mailed, typically arises from allowing an employee to use a vehicle on company business when you know or should know that the person intends or is likely to create an unreasonable risk of harm. The legal theory supporting negligent entrustment is that the company has a legal duty to investigate […]
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Epsilon data breach lessons
April 6, 2011 / by KMRD Partners / One Minute From Normal Series / 0 comments
Epsilon, the largest permission based e-mail marketing provider, reported an e-mail addresses data breach this past Friday. Kroger, JP Morgan Chase, Citi, Capital One, Best Buy, The College Board, Brookstone and TiVo are just some of the companies that have advised their customers about the incident. Although Epsilon is stating that stolen data has been […]
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Negligent Entrustment leads to negative consequences
March 31, 2011 / by KMRD Partners / One Minute From Normal Series / 0 comments
Negligent Entrustment arises when one party (the entrustor) is held liable for negligence because he provided another party (the entrustee) with a dangerous instrument, and the entrusted party caused injury to himself or a third party, or damaged property, with that instrument. Your company can become at risk of negligent entrustment by allowing an employee […]
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