July 20, 2012 / by KMRD Partners / Insurance Coverage, One Minute From Normal Series, Risk Control / 0 comments
“Learned professions” including legal, medical, engineering, accounting and financial services firms were formerly alone in being regarded as professional services firms. According to a number of courts, though, this term has been broadened to describe a wider and more diverse group including firms providing physical or manual services. These firms can include plumbers, roofers, exterminators, […]
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Have you been hacked today?
March 20, 2013 / by KMRD Partners / One Minute From Normal Series / 0 comments
What do Michelle Obama, Hillary Clinton, Donald Trump, Eric Holder, Joe Biden, Beyonce and Sarah Palin have in common? All recently had financial details lifted by a hacker and later posted online. As if to demonstrate how vulnerable we all are to acts of cyber terrorism, even FBI Director Robert Mueller’s financial information was lifted […]
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Are there Errors in your Firm’s E&O Policy?
February 13, 2013 / by KMRD Partners / Insurance Coverage, One Minute From Normal Series, Risk Control / 0 comments
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? Having insufficient or incorrect Errors & Omissions (E&O) coverage can financially devastate your firm one minute from normal. Following are a few best practices regarding E&O policy “hygiene”: Every E&O policy includes […]
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Contingency Planning in the event of a financial services network cyber attack
October 11, 2012 / by KMRD Partners / One Minute From Normal Series / 0 comments
Following recent denial of service attacks on computer networks at Bank of America, JP Morgan Chase, Citigroup, U.S. Bank, Wells Fargo and PNC, House of Representatives Intelligence Committee Chairman Mike Rogers warned that emerging cyber threats to U.S. financial networks can be traced to nation states including Iran, China and Russia. According to Committee Chairman […]
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KMRD Partners Helps Protect Your Business from Cyberattack
October 4, 2012 / by KMRD Partners / One Minute From Normal Series / 0 comments
Cybersecurity was in the news again last week when six major American banks were hit in a wave of computer attacks. As a result of these denial of service attacks, customers at Bank of America, JP Morgan Chase, Citigroup, U.S. Bank, Wells Fargo and PNC were all temporarily unable to gain access to their accounts […]
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Community Alert Systems
September 12, 2012 / by KMRD Partners / One Minute From Normal Series / 0 comments
Both Montgomery and Bucks Counties in Pennsylvania established Community Alert Systems for local residents and employees. After signing up for this system, residents and employees receive alerts and notifications on their cell phones and e-mail regarding emergencies, severe weather, road closures and crime alerts. In addition, individuals who select the Health Alerts group will be […]
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Does Your Company Need E&O Liability Coverage?
July 20, 2012 / by KMRD Partners / Insurance Coverage, One Minute From Normal Series, Risk Control / 0 comments
“Learned professions” including legal, medical, engineering, accounting and financial services firms were formerly alone in being regarded as professional services firms. According to a number of courts, though, this term has been broadened to describe a wider and more diverse group including firms providing physical or manual services. These firms can include plumbers, roofers, exterminators, […]
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Errors with E&O – Part 4
June 20, 2012 / by KMRD Partners / One Minute From Normal Series / 0 comments
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? If human beings were perfect, there would be no need for Errors & Omissions coverage. Until we get perfection, we are fortunate it exists. Following the 2008 financial crisis, Robert Boatti joined […]
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Errors with E&O – Part 2
June 13, 2012 / by KMRD Partners / One Minute From Normal Series / 0 comments
If human beings were perfect, there would be no need for Errors & Omissions coverage. Until we get to the level of expertise suggested, we are fortunate it exists. An international investment management company hired Do It Right Software Solutions to build a Secure Client Space. In its Scope of Work, Do It Right listed […]
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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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Cybersecurity alert
March 29, 2012 / by KMRD Partners / One Minute From Normal Series / 0 comments
During the past month we have provided a series of stories and discussions regarding data breach and cyber security risks. We welcome your feedback. If your data is being stolen, does it make a sound? When VeriSign reported a series of stealth data breaches, it became clear no organization is immune from these intrusive actions. […]
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