Updated News: Big Changes Started 4/1/24 for the PCRB Experience Rating Plan

The Pennsylvania Compensation Rating Bureau (PCRB) changed the manner in which experience modifications factors are calculated. This change took effect for policies renewing after April 1, 2024. Outlined below are the key changes: The eligibility threshold will be lowered from $10,000 to $5,000. Result:  This means smaller businesses who were not previously eligible for the […]

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NAFA Meeting on EV Fleet Risks

Representing KMRD Partners, Branch President, Bob Dietzel, made a presentation to the National Association of Fleet Administrators (NAFA)  in Whippany, New Jersey entitled “Insurance risks and considerations when planning for EV’s in your fleet”. Bob was asked to speak about risk and insurance issues of incorporating Electric Vehicles into commercial fleets. For a copy of […]

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Worldwide Broker Network European Regional Conference

Representing KMRD Partners, a Foundation Risk Partners company, our International Practice Leader, Ingrid Dunlap, attended the Worldwide Broker Network European Regional conference in Stockholm, Sweden. She joined 280 other insurance professionals from over 70 countries. Participation in WBN conferences is paramount to our success supporting our clients’ growth beyond traditional US borders. Continuing to strengthen […]

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Big Changes Starting 4/1/24 for the PCRB Experience Rating Plan

Authored by Ingrid Dunlap A statement was recently released by the Pennsylvania Compensation Rating Bureau that the Pennsylvania Insurance Commissioner has approved the revised Experience Rating Plan on August 18, 2023. Below are the key points being made that we should be aware of. Key changes to the approved Experience Rating Plan (ERP) are as […]

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An Enterprise Risk Management Approach to Establishing Whether to Purchase Pollution Insurance

Many companies can have potential exposure to pollution related incidents. To understand your company’s specific needs for pollution liability insurance coverage, this article includes 10 situations to help identify potential pollution-related exposures. Before reviewing these situations, though, take a look at this 5-step program to help management teams identify and remediate the full spectrum of […]

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What to Look For In An Outsourced Risk Management Team

The risk management process is the deliberate and methodical identification, measurement and prioritization of risks resulting from unplanned events. This process is paired with the application of resources to minimize, monitor and control the probability and/or impact of events that can range from the sudden death of a key person to the loss of a warehouse and […]

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2020: A Year Of Continued Growth For KMRD Despite COVID-19 Pandemic

Best Risk Management Firm 2020

Despite the lockdowns and preventative measures implemented across the nation from the COVID-19 pandemic, KMRD continued to experience double-digit revenue growth, hire even more talented people – and win a few awards along the way. Let’s face it, 2020 was rough by any standard – a year of unprecedented events. A new pandemic raged. Most […]

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Top Reasons Why KMRD Should Be Your Outsourced Risk Partner

outsourced risk partner

Thinking about outsourcing risk management at your business? Well, you’re not alone. Outsourcing the risk management function can reduce costs and improve the quality of your risk management program. A key CFO role is to manage risk – and so it should come as no surprise most CFO’s want an insurance professional who is consultative, […]

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2018 Year in Review – KMRD Partners Continues to Grow as a Premier Employer and Ranks High in Customer Satisfaction

As we close in on 2019, it’s that time of year again – and we are extremely proud of our 2018 results. 2018 was a momentum-building year for KMRD Partners. We enjoyed strong performance across all of our business practices, continued to invest in hiring exceptionally talented people, and worked hard to improve our customer […]

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