PROCOR POSTS
Documenting An Inventory Theft At A Warehouse Or Distribution Center
Procor’s Juan Martinez walks readers through the basics of how warehouses and distribution centers should document theft loss. An average loss for an asset misappropriation in a warehousing/inventory department is $85,000; therefore, proper documentation is critical.
3 Ways Businesses Impacted By The August Complex Wildfires Can Evaluate Insurance Recovery Potential
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.
HOW THE HEALTHCARE INDUSTRY IS NAVIGATING EMERGENCY SPEND TO MEET DEMANDS OF COVID-19
Stethoscope medical and doctor analysis coronavirus or covid-19 data on laptop computer on laboratory background. As we continue to navigate the tumultuous waters of the COVID-19 “Coronavirus” Pandemic, Procor has reflected on current client engagements for public...
Welcome to the team: Ashley R. Schlimmer
Brooklyn, NY – July 21, 2020: Procor Solutions + Consulting, LLC, the leader in business resiliency services throughout the United States, announced today the addtition of Ashley R. Schlimmer as Procor's newest Marketing & Business Development Consultant. Ashley’s...
New Hire Announcement: Luttere Eglaus
Brooklyn, NY – July 16, 2020: Procor Solutions + Consulting, LLC, the leader in business resiliency services throughout the United States, announced today the hire of Luttere Eglaus in our Forensic Accounting unit. The position will be based in Procor’s Lake Mary...
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...
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...
CLIENT RESOURCES
“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...
Calculating “Coronavirus” (COVID-19) Business Interruption Losses
All businesses and organizations - large or small – facing business Interruption and other financial impact from Conronavirus need to calculate and document their losses properly before applying for local or federal grants, insurance proceeds or other areas of...
Disaster Readiness FEMA Worksheets
Procor is pleased to provide two complimentary Disaster Readiness Worksheets. The documents were created to facilitate a Public Entity’s documentation process following damages sustained from a Declared Event. There are a number of data points within the worksheets,...
Hurricane Dorian Pre-Loss Checklist For Businesses
Hurricane Dorian is on a collision course with Florida, businesses and risk managers need to take steps to prepare for potential loss and business interruption.
Hurricane Claim Preparation Tips for Homeowners
Hurricane Dorian Alert Download our FREE Hurricane-Homeowner-Loss-Checklist> Procor founder and EVP, Frank Russo offers some important tips for our industry friends and clients’ employees/staff who may be affected by the Hurricane Dorian and are starting to review...
How to Prepare for and Mitigate Loss during Business Disruptions with Frank Russo
Episode #13 of The Continuity Forecast: Because Business Never Stops podcast series featured Procor EVP, Frank Russo. Mr. Russo shared insight into some of the disruptions companies can face, the impacts they can expect from disasters, and offered practical steps...
Hurricane Preparedness Week: Pre-Loss Checklist
The National Weather Service has declared May 5th - May 11th National Hurricane Preparedness Week ahead of the official start of hurricane season which runs from June 1st - November 30th. According to The Weather Channel, the 2019 Hurricane Season is expected to be...
NEWS / MEDIA
Procor’s, Joseph Mascali, and OSU’s Christina McKnight, Named Featured Speakers at URMIA 2021 Virtual Spring Conference
Procor Vice President of Risk Management, and West Coast Leader, Joseph Mascali, and Christina McKnight, Director, Insurance and Risk Management Services, Oregon State University, will be featured speakers at the URMIA Virtual Spring Conference this month. The topic...
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...
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