Auto Insurance Coverage - KMRD Partners

Hall of Shame – Fellow Employee Exclusion in the Standard Auto Policy

October 1, 2015 / by KMRD Partners / Coverage Hall of Shame, Insurance Coverage / 0 comments

This scenario represents an actual coverage issue in an insurance program of a well run, profitable business brought to light and altered by KMRD. The following claims scenario was troublesome to the CEO and CFO: Key manager drives an employee using a company vehicle to a client’s office for a meeting. An auto accident occurs and […]

Risks Ahead. Age counts on highway and in Auto Insurance

August 28, 2015 / by KMRD Partners / Risks Ahead Series / 0 comments

According to statistics from the National Highway Traffic Safety Administration and the Insurance Institute for Highway Traffic Safety, the safest drivers are in the age group between 64 and 69 years old. Studies of the data reveal that teenage drivers — especially male teenage drivers — are the most dangerous drivers on the road. Young […]

Auto Insurance Coverage – Can your vehicle be hacked?

August 4, 2015 / by KMRD Partners / Insurance Coverage, One Minute From Normal Series / 0 comments

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? In February, we reported researchers had warned technology supporting driverless vehicles could be hacked by criminals to override safety features. The Guardian reported FBI concerns that terrorists might try to hack into […]

Reverse Rate Evasion…New Jersey Act A-2281/S-1737 signed into law

March 16, 2015 / by KMRD Partners / One Minute From Normal Series / 0 comments

Governor Chris Christie of New Jersey has signed into law Act A-2281/S-1727, which identifies so-called reverse rate evasion as a form of insurance fraud and provides for civil and criminal penalties.The act targets residents who fraudulently obtain auto insurance in another state with lower rates, even though New Jersey is their principal residence or they […]

9 steps to avoid negligent entrustment

July 28, 2011 / by KMRD Partners / One Minute From Normal Series / 0 comments

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 […]

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 […]

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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