My Mac crashes with kernel panic quite often.
This may happen if your Mac HD has become corrupted resulting in a corrupted Parallels Desktop installation.
- Remove Parallels Desktop application completely by following one of these articles:
For Parallels Desktop 7: How to remove Parallels Desktop 7 completely
For Parallels Desktop 6: How to remove Parallels Desktop 6 completely
Launch Disk Utility (Applications/Utilities/Disk Utility.app)and repair disk permissions on your Mac HD.
- Install Parallels Desktop application again.
Note: You will need to register your virtual machines in Parallels Desktop application in order to use them again. To register a virtual machine you can either double-click on the virtual machine *.pvm file or start Parallels Desktop, click File, select Open and indicate the path to your virtual machine.