Bethesda, MD, April 17, 2018—United Educators (UE), a reciprocal risk retention group that insures education, released its Large Loss Report 2018, which contains summaries of major damage awards and settlements of $250,000 or more that affected schools, colleges, and universities in 2017.
The cases in the annual report are drawn from published accounts and most do not involve UE members, but they reflect trends UE has seen among its claims. The report covers losses in higher education and public and independent K-12 schools, including a $10 million jury award to a student who was raped in her on-campus apartment and a $6.5 million settlement in a gender and sexual orientation lawsuit filed by two university athletic department employees.
UE also offers a K-12 Public Schools Large Loss Report 2018 that includes cases from 2017, such as a $36.1 million jury award in a school bus incident. In addition, UE’s Large Loss Report for K-12 independent schools includes cases from 2011 to 2017, such as a $16.5 million settlement of more than 400 claims of sex abuse.
Institutions and brokers can use the reports to assess risk management programs and insurance coverage needs. Please email email@example.com to request copies.
Nearly 1,600 schools, colleges, and universities rely on UE for liability insurance and risk management services. Visit UE.org to learn more.
Was this article valuable?
Here are more articles you may enjoy.