Tag: school insurance

Insurance coverage cessation proposal for cities and schools proposed by Gov. Scott Walker

H. Cutner
School Insurance System Needs Overhaul

If the Wisconsin governor’s motion goes ahead, it would mean that private insurers would be required for plans. Governor Scott Walker of Wisconsin has recently proposed a provision that would eliminate the state managed property insurance coverage, and that would require local governments and school districts to have to create their own funds or to look to private insurers if the provision is adopted by the Legislature. The current fund provides coverage for $52 billion worth of property, with an annual premium of over $27 million. The insurance coverage that…

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College insurance protection now often extends to rape scandals

Julie Campbell
college dorm insurance students

Institutes of post secondary education are now purchasing coverage for new kinds of risk. As students return to their campuses, this fall, they may discover that college insurance policies are now taking an entirely new shape due to the shifts that are taking place in the culture of these communities. These schools are becoming increasingly aware of the risk that sexual attacks can have when they occur on campus. For that reason, these schools have taken a number of steps to change the way in which accusations of abuse are…

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Cyber liability insurance gains popularity outside of corporations

Julie Campbell
cyber insurance industry

Other types of organizations, including school boards, are now investing in the coverage. Following the latest tremendous data breach – the one that struck Target and that gave hackers access to the consumer debit and credit card account information from about 40 million people – a growing range of types of organizations are looking into cyber liability insurance and the type of coverage that it can provide them. Ann Arbor Public Schools is the latest to join this flood of non-retail groups that are covering themselves. While Target fights to…

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Back-to-school shopping should include adequate insurance coverage for college students

According to the New York Insurance Association (NYIA), it is more important today than ever before that college students obtain adequate insurance coverage for their personal belongings. The reason for this is that school supplies no longer consist of clothing, pens, and notebooks. Instead, they involve a wide variety of expensive possessions that would be quite costly to replace should they ever be damaged in a disaster such as a fire, or if they were ever stolen. Everything from electronics to furnishings, to books come with a large price tag.…

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