Crime Coverage Articles

November 2, 2020

Are Your Excess Liability Limits High Enough?

It is important to have enough coverage for the unexpected. Read about how to assess your district’s limits and determine if an increase is right for you.

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December 27, 2018

Misplaced Trust

Beware the wolves in your midst. Internal fraud can be just as costly and frequent as external, but chances are you aren’t ready for it.

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July 10, 2018

Ask the Experts: Fraud and Embezzlement

Approximately 76% of districts that purchase Crime coverage only buy the minimum. While $5,000 may seem sufficient, you don’t need a lot of imagination to think of a scenario in which you’d find yourself grossly underinsured.

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July 13, 2015

Embezzlement Costs Special Districts Millions

The U. S. Department of Commerce has released figures indicating that employee theft costs U.S. businesses over $40 billion per year, playing a significant role in 95 percent of business failures and nearly a third of all business bankruptcies. Special districts, like most other governmental and business entities, are always vulnerable to internal threats that can come from employees, including managers and even board members. Yet, many organizations still believe it couldn’t possibly happen to them.

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August 8, 2008

Tips for Protecting Yourself from Identity Theft

Recently, a friend of mine got a phone call from his bank to alert him that they were freezing his account. The representative described to him a series of suspicious transactions which were indeed purchases he had not authorized. It turned out to be a scam, and if he had fallen for the ruse, he would have given up personal details allowing unscrupulous people to raid his account.

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