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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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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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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3 Things You Need to Know About Umbrella Insurance for Business
October 3, 2016 / by KMRD Partners / One Minute From Normal Series / 0 comments
Your company’s general liability policy outlines the maximum amount your insurance company will pay against a liability claim. As a result, if your business is sued for $1,250,000 for medical costs associated with an injury caused by a worksite or product hazard, but your general liability coverage caps out at $1,000,000, your business will be responsible […]
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Proposed Update to FEMA Rules for Builders
September 22, 2016 / by KMRD Partners / One Minute From Normal Series / 0 comments
The Federal Emergency Management Agency recently proposed updated FEMA rules for builders and homeowners requiring them to build on higher ground when using federal funds on construction projects situated in flood-prone areas. Construction projects affected by updated FEMA rules include buildings, roads and other projects receiving federal funds, as well as projects rebuilt with FEMA […]
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How Liability Insurance Protects You Against Pain and Loss in Your Business
September 9, 2016 / by KMRD Partners / One Minute From Normal Series / 0 comments
Risk and potential loss is everywhere. What liability insurance protects you against is the potential for business ending claims – and lots of pain. It’s like a life preserver no business should be without. Liability insurance protects you against the risk of liabilities resulting from lawsuits and similar claims from third party persons or organizations attributing an injury to your business. […]
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Examine Your Insurance Policy Wording For Effective Risk Management
July 20, 2016 / by KMRD Partners / One Minute From Normal Series / 0 comments
An effective risk management strategy should include careful policy and endorsement reviews to correct potential uninsured problems and avoid an expensive coverage-litigation battle. Most risk management consultants are never taught the proper way to read and interpret an insurance policy or correct policy language. This can result in coverage denials, missed opportunities, and keep you […]
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