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...See Exhibit 7 and Factor 19. MISCELLANEOUS CONSIDERATIONS Is there any ...

... , minute book, stocks and bonds, etc. Financial: Accounts receivable, bank account information, checks and money, financial reports, general ledgers, insurance policies, payroll records, purchase records, etc. Human Resources: Pension and other benefit records, executive compensation plans, personnel files, policy manuals, etc. Manufacturing: Engineering drawings, inventory, research and development data, etc. Miscellaneous: Business continuation (disaster recovery) plan,* client lists, floor plans, marketing lists, site maps and drawings, etc. Tax: Contracts and agreements, tax returns, etc. (* ) Your business continuation plan should record important emergency information such as employee and emergency telephone numbers, equipment repair and operational instructions, fire and evacuation plans, and so forth. Vital records ... business or whose destruction will result in a direct material financial loss. They are often irreplaceable. Important records are generally replaceable, although their replacement will result in a significant cost of time and money. Vital and important records will include the following: Corporate: Articles of incorporation, by-laws, copyrights and patents, corporate seals, deeds and leases, directors and stockholders, minute book, stocks and bonds, etc. Financial: Accounts receivable, bank account information, checks and money, financial reports, general ledgers, insurance policies, payroll records, purchase records, etc. Human Resources: Pension and other benefit records, executive compensation plans, personnel files, policy manuals, etc. Manufacturing: Engineering drawings, inventory, research and development data, etc. Miscellaneous: Business continuation (disaster ...

.... Flammable Materials [ ] 9. Miscellaneous Items Print your remarks here:...

... Risk Function Administration. Miscellaneous duties include supervising contra...o handle bid, performance, and permit bonds. Professional Networking. As ...

... NA-10 (now E'), or no rating? Yes. See Exhibit 7 and Factor 19. Does the company's Best's Rating include a c' (now discontinued), q', w', or x' rating modifier? No. Have there been significant or multiple declines in the company's Best's Rating in the past five years? Yes. See Exhibit 7 and Factor 19. MISCELLANEOUS CONSIDERATIONS Is there any other adverse information on the company from Best's or elsewhere? A yes/no for this factor depends on a more detailed review of the Best's data and/or other pertinent data known to the agency. Summary and Conclusion Generally, eight or more total Yes' answers or three or more Yes' answers to factors 1, 2, 8, 9, 10, ... five years. Has the company made any questionable investments (in affiliates, real estate, cash increases, low yields, etc.)? Yes. Using the yields and asset values from Exhibit 2, Big Red's return on investment was only about 2% . In addition, the cash component of the investment portfolio increased from 12.2% to 43.6% of assets, accompanied by a reduction in bonds of 32.7% to 12.4% (You might also be concerned about why bonds were cashed and whether the transaction resulted in a gain or loss. Exhibit 4 provides limited information on this point) . Also note that loans' increased from zero to 14% . MARKETING FACTORS Have there been any major market withdrawals/changes or assumed books of business? Unknown. (Because this information is ...

... entities, the risk manager will be involved in developing charges to various divisions or cost centers. Much of this takes informed judgment. Loss Prevention. Though they can't be an expert in all phases of loss prevention, risk managers should have general knowledge backed by their own loss information. This should enable them to determine the best method of obtaining what loss-prevention counsel is needed. Risk Function Administration. Miscellaneous duties include supervising contractors' Certificates of Insurance, attending public hearings on insurance matters, and helping legal counsel develop standards for such items as purchase orders and leases. Risk managers may also handle bid, performance, and permit bonds. Professional Networking. As in any professional field, continual contact with peers is essential. Membership in the following groups is recommended: Public Risk and Insurance Management Association ... risk manager must understand everything happening or about to happen in the organization. In addition to understanding the entity and its people through years of experience, the risk manager should: Physically inspect major properties often enough to know what's going on Talk regularly with key staff and operating officials Study the annual budget to attain a feel for each activity's financial aspects Review all requests for funds for changes Read contracts, bond indentures, leases, and similar documents that may have insurance clauses or indemnity (hold harmless) provisions Study reports of all insured and self-insured losses Read minutes of meetings of the governing body, and review the agenda to see whether any item has risk-management implications Establish dollar values of all significant loss potentials Risk Management Policy Development. The risk manager generally prepares a written policy for consideration and approval by ...