PROCOR POSTS
New Hire Announcement: Michael Zingaro
Brooklyn, NY – April 27, 2020: Procor Solutions + Consulting, LLC, the leader in disaster planning, business interruption and claims preparation for risk managers and insurance policyholders throughout the United States, announced today the hire of Michael Zingaro in...
New Hire Announcement: Juan B. Martinez
Brooklyn, NY – April 2, 2020: Procor Solutions + Consulting, LLC, the leader in disaster planning, business interruption and claims preparation for risk managers and insurance policyholders throughout the United States, announced today the hire of Juan B. Martinez in...
“Coronavirus” (COVID-19): 5 Key Tips for Public Entities when documenting a loss
Effective March 13, 2020, President Trump declared a National Emergency, allowing for the Federal Emergency Management Agency (“FEMA”) assistance through the Public Assistance program following the impacts to COVID-19 (“Coronavirus”), as authorized under Section...
Construction Project Loss/Delay checklist when impacted by “Coronavirus” (COVID-19)
As contractors, owners/developers and subcontractors evaluate delays to construction projects related to Coronavirus ("COVID-19") shutdowns, it is important to take some simple but critical steps to adequately document, analyze and project such delays and incremental...
Choosing the Panel in First Party Property and Business Interruption Appraisals
Procor President, Arnie Mascali, provides clarity for those choosing the panel in a first party property and business interruption appraisal. Insurance industry professionals often tout the ability of claimants and insurers to resolve first party property claims...
HOW TO START THINKING ABOUT CYBER BUSINESS INTERRUPTION
By Chris Mortifoglio Procor Senior Vice President and Director of Forensic Accounting As far as insurance goes, Business Interruption ("BI") is one of those topics that is frequently misunderstood. When people start speaking about BI, they often feel that it is too...
CAN FEMA PROVIDE ELIGIBLE REIMBURSEMENT BEFORE AN INSURANCE CLAIM IS FINALIZED?
By Joseph Mascali Procor Vice President and West Coast Team Leader The short answer is yes, for the long answer read on. Since 2017, the United States has been impacted by major Natural Disasters, such as Hurricanes Harvey, Irma, Maria, and Michael. As a result, many...
3 Ways Businesses Impacted By The California Wildfires Can Act Now
As a new round of California wildfires force evacuations and cause power outages, Procor’s Co-Founder and Principal, Frank Russo shares his perspective about what actions businesses can take now that face loss or risk of loss in the impacted areas.
PROCOR ALERT: California Power Outages – How Businesses Can Review Potential Losses
Pacific Gas & Electric, the largest utility in the state of California and Southern California Edison have announced they will be cutting power as a safety precaution in response to the potential for catastrophic wildfires. This risk of fire is being caused by the...
Procor Proud Sponsor of Heart 9/11 Golf Classic
Pictured Left to Right: Procor Solutions President, Arnie Mascali, Frenkel & Company, SVP, Mike DeLorenzo, Procor Solutions EVP, Frank Russo, and John F. Kelly, President, and CEO of Frenkel & Company, Procor Solutions was once again a proud sponsor of the...
CLIENT RESOURCES
Tips for Risk Managers for Hurricane Response during a Pandemic
With two named storms in the Atlantic before the official start of Hurricane Season on June 1st, experts believe it will likely be a busy hurricane season. NOAA is predicting 13 – 19 named storms...
Quantifying Fraudulent Business Activities in the age of “Coronavirus” (COVID-19)
The Association of Certified Fraud Examiners estimates that organizations lose approximately 5% of revenue to fraudulent activities each year. This percentage should increase as all organizations manage through COVID-19. An estimated 20.5...
“Coronavirus” (COVID-19) Return to Work Tips
As there is a gradual shift to lift mandatory shutdowns and restrictions, businesses are being allowed to reopen with new sets of guidelines and restrictions. While the specific rules will vary by county and state, we have prepared some general tips on...
“Coronavirus” (COVID-19) Loss Quantification Tips and Downloads for the Gaming Industry
Download our Gaming Claim Preparation Checklist by clicking here and visiting our Resource Directory All businesses and organizations - large or small – facing business Interruption and other financial impact from Conronavirus need to calculate and document their...
“Coronavirus” (COVID-19) Loss Quantification Tips and Downloads for the Real Estate Industry
Download our Real Estate Claim Preparation Checklist by clicking here and visiting our Resource Directory Businesses across the world are continuing to estimate the financial impacts and business interruption caused by “Coronavirus” (COVID-19). As this...
“Coronavirus” (COVID-19) Loss Quantification Tips and Downloads for the Energy Industry
Download our Energy Claim Preparation Checklist by clicking here and visiting our Resource Directory COVID-19 has hit all industries hard, causing impacts, delays and financial losses on an unprecedented scale. The Energy Industry, in every one of it's sub-sectors, is...
“Coronavirus” (COVID-19) Loss Quantification Tips and Downloads for the Hospitality Industry
Download our Hospitality Claim Preparation Checklist and Hospitality Loss Quantification Worksheet by clicking here and visiting our Resource Directory All businesses and organizations - large or small – facing business Interruption and other financial impact from...
“Coronavirus” (COVID-19) Loss Quantification Tips and Downloads for the Healthcare Industry
Download our Healthcare Claim Preparation Checklist and Healthcare Loss Quantification Worksheet by clicking here and visiting our Resource Directory All businesses and organizations - large or small – facing business Interruption and other financial impact from...
“Coronavirus” (COVID-19) Loss Quantification Tips and Downloads for the Manufacturing Industry
Download our Manufacturing Claim Preparation Checklist and Manufacturing Loss Quantification Worksheet by clicking here and visiting our Resource Directory All businesses and organizations - large or small – facing business Interruption and other financial impact from...
“Coronavirus” (COVID-19): Capturing the Costs – Business Interruption Checklist and Worksheet
Businesses across the world are beginning to estimate the financial impacts and business interruption caused by "Coronavirus" (COVID-19). As this unprecedented event unfolds, it is important to take simple but critical steps to adequately document, analyze and...
NEWS / MEDIA
Procor Team to Join Interview at the COVID-19 Insurance Litigation Virtual Summit: Clarity into Claim Preparation and Best Practices
Session Interview: Clarity into Claim Preparation and Best Practices Beyond the issues of insurance coverage, there may also be disputes over the quantum of business interruption losses. This panel will feature experts in claim preparation interviewing each other...
Procor’s Frank Russo will be a panelist tomorrow 6/17 on a live webinar entitled “Business Interruption Coverage Under COVID-19”
National Association of Surety Bond Producers Professionals in Surety Bonding Founded in 1942, NASBP is the association of and resource for surety bond producers and allied professionals. NASBP producers specialize in providing surety bonds for construction contracts...
Arnie Mascali interviewed by A.M. Best’s Review about the rising severity and intensity of natural catastrophes
The rising severity and intensity of natural catastrophes, amplified by climate change, in California, Florida and Texas have brought about some insurance, regulatory and building code changes in those states. A.M. Best’s Review (UMV: 50,151) has published the piece...
Frank Russo joins CFMA Webinar: Managing the Financial and Business Risks of Reopening Job-sites and Shut-downs
04.14.20-CFMA-Webinar-SeriesDownload Find additional supporting information by clicking here and visiting our Procor Solutions Resource Directory Please be advised that any and all information, comments, analysis, and/or recommendations set forth above relative...
Frank Russo joins panel: Everything Risk Managers & Insurers Need to Know About Business Interruption Under COVID-19
Click the link below to register now https://www.perrinconferences.com/webinars/everything-risk-managers-and-insurers-need-to-know-about-business-interruption-under-covid-19/ https://attendee.gotowebinar.com/recording/958654698962787595 Find additional supporting...
Frank Russo interviewed by the U.S. Chamber of Commerce in the CO article: 3 Expert Strategies for Curbing Coronavirus-Related Business Losses
“Sound financial supporting documentation and memorializing and updating the story of your interruption is key,” said Russo. For help with these tasks and expert guidance, “it’s also important to reach out to experts who deal with business interruption events,...
Frank Russo joins Associated General Contractors of America Podcast Series: Tips to Document “Coronavirus” Impacts
Frank Russo joined a distinguished panel convened by the Associated General Contractors of America around the topic of quantifying and presenting Covid-19 related construction losses. "My overall message and comments today will be quite simple, but extremely...
Arnie Mascali to join Live Stream Series | Update No. 4 COVID-19 (“Coronavirus”) Hosted by Brown & Brown Insurance
COVID-19 (“Coronavirus”): Clinical Updates, SBA Disaster Loan Program, Business Interruption, and Engaging Employee Health & Well-Being Friday, April 3rd | 2:00pm et, 11:00am pt Click Here to Register for the Webinar Find additional supporting information by...
“Coronavirus” (COVID-19) Disruption Leads To Business Interruption Losses
By Procor SVP, Chris Mortifoglio and Senior Analyst, Morgan Machado Since the beginning of the new year, the Novel Coronavirus/2019-nCoV (“Coronavirus”) has dominated the news headlines. The number of infected individuals continues to climb significantly and the...
Frank Russo Featured In ABA Experience Magazine
The January/February 2020 Issue of ABA Experience magazine shares insight and advice from Procor Solutions principal, Frank Russo. In this must-read article, "How To Prepare For, and Recover, After a Disaster", Mr. Russo discusses the facts and reality of a loss; as...
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