PROCOR POSTS
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...
Property Loss Mitigation Checklist & Claim Preparation Guide For Hurricane Dorian
If your business is in the path of Hurricane Dorian it's time to prepare and plan for potential losses. Download our Complimentary Procor-Property-Loss-Mitigation-Checklist> Commercial property and business interruption insurance is a relationship business, but...
What is “Non-damage Business Interruption” Insurance?
You may have seen Non-damage Business Interruption Insurance in the news and wondered what is it. With a few carriers now offering this coverage we thought we would ask our in-house expert for the short answer. Q: What is “Non-damage Business interruption” Insurance?...
Business Interruption Insurance Claims Likely Triggered By Japan’s Historic Rainfall
The insurance industry is watching closely as Japan’s southern region gets hit with a historic deluge of rain. Weather experts are predicting record rainfall, unlike anything the region has ever experienced. Businesses and residents have been ordered to evacuate the...
The Most Common Misconception of Business Interruption Coverage
It is not uncommon that when we first get involved with a business interruption claim, the client will already have created an initial estimate of their losses. We will often hear things like: “I’ve lost a million dollars in revenue”“We’ve had canceled sales of...
CLIENT RESOURCES
“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...
Property Loss Mitigation Checklist & Claim Prep Guide
Download our FREE Procor Property Loss Mitigation Checklist >
Commercial property and business interruption insurance is a relationship business, but after a loss, details settle claims. Immediately after a loss, significant attention, leadership and data analysis are required to fully document a claim. Policyholders have the responsibility to present their loss to their insurer(s) in order to be reimbursed based on the policy coverage.
5 Key Steps Risk Managers CAN Take To Be Ready To Respond and Recover
HURRI-CAN As Hurricane Michael hits the US. Risk Managers are activating their response plans to be ready to address business impact if affected by this storm and to commence business interruption claims presentation and adjustment for any covered losses. In 2017,...
NEWS / MEDIA
Frank Russo Featured on Podcast For Natural Disaster Impacts On Construction Projects – PART 2
Listen as Procor Principal and claims management expert, Frank Russo, joins two other experts in litigation and restoration to wrap up this two-part series with expert advice on how to navigate through a complex property and/or business interruption claim, common...
Pharmaceutical Technology Interviews Procor’s Frank Russo About Supply Chain Risk
In the December Issue of Pharmaceutical Technology, Agnes Shanley interviewed Frank Russo about strategies the industry can employ to mitigate risk for securing the drug supply chain. In this must-read industry article, Mr. Russo provides insight and a few warnings...
Frank Russo Featured on Podcast For Natural Disaster Impacts On Construction Projects – PART 1
Listen as Procor Principal and claims management expert, Frank Russo, joins two other experts in litigation and restoration to discuss how they have worked through these tough issues and offer their advice on how you can do the same. The two-part series...
Procor Holiday Party 2019
Arnie Mascali Featured On Insurance Business Magazine
Procor Solution's President, Arnie Mascali joins experts on Insurance Business Magazine to answer the question: "How can governments help more after natural disasters?" Read the full article here> GO Arnie Mascali has nearly 30 years’ experience in all aspects of...
Hurricane Preparation and Recovery Tips for Businesses
Procor Solutions President, Arnie Mascali has been featured on the Risk Management Monitor. Mr. Mascali's article, Hurricane Preparation and Recovery Tips for Businesses, shares timely insights and tips for businesses preparing and planning for potential Hurricane...
Childhood Sex Abuse Claims & Coverage Rights Webinar
Are You Covered? With states revamping the time permitted to file Childhood Sex Abuse Claims, institutions implicated need to know their coverage rights State legislatures are focused on childhood sexual abuse claims. New Jersey and New York, for example, recently...
Procor Solutions to offer smart platform SenSOAR™ to the insurance industry through Strategic Partnership with Scalable Risk Solutions
United States, Colorado, Denver - 06/04/2019 Technology-based risk management firm Scalable Risk Solutions (SRS) announces a strategic partnership with leading risk management consulting firm Procor Solutions (Procor) to offer smart platform SenSOAR™, the “Smarter...
Procor: Builder’s Risk & Construction Symposium 2019 Bronze Sponsor
Procor Solutions + Consulting is proud to be a bronze sponsor of the upcoming Builder’s Risk & Construction Symposium. Procor Co-founders, Arnie Mascali and Frank Russo will attend the event at the historic, Edison Ballroom in the heart of Times Square, on May 22...
Procor featured in Brown & Brown 2018 Annual Report
The 2019 Brown & Brown Insurance Annual Report features Procor Solutions + Consulting and its outstanding performance for the group and the Fortune 500 company as a whole in 2018. In addition to the feature, Procor won Office Of The Year in the Wholesale Division.
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