"Green" is the new mantra for many institutions. School districts as well as colleges and universities across the country are constantly searching for new ways to reduce energy use, waste and the harmful greenhouse gas emissions emitted into the environment. In fact long before "carbon footprint" became a common phrase, educational institutions…

Cooperatives are systems organized along key principles to balance the distribution of wealth across organizational members. The cooperative movement has an extensive history and has contributed to the design and operation of a large variety of endeavors that seek to maximize returns to a maximum number of stakeholders. While cooperatives are…

Typically, Federal entitlement statutes reflect a traditional program approach, with separate program funds attached to the legislative intent. The Part C provisions of Public Law (PL) 99-457, the Individuals with Disabilities Education Act (IDEA), however, were envisioned by Congress in an unprecedented manner. Part C legislation was designed to…

In the past two months, nearly 100 colleges have started exploring a financial concept that seems almost too good to be true: collecting hundreds of millions of dollars for long-term capital needs by taking out life-insurance policies on wealthy alumni. The idea started with Oklahoma State University, which said this spring that it had secured…

Risk management encompasses far more than an insurance program alone. The basic elements consist of--(1) elimination or reduction of exposure to loss, (2) protection from exposure to loss, (3) assumption of risk loss, and (4) transfer of risk to a professional carrier. This survey serves as a means of evaluating the methods of application of these…

The most important development in the administration of school district insurance programs is the establishment of the risk management concept. (Author)

The text of a Senate Committee on Small Business hearing on the cost and availability of liability insurance for small business is presented in this document. The crisis faced by small business with skyrocketing insurance rates is described in statements by Senators Lowell Weicker, Jr., Robert Kasten, Jr., Dale Bumpers, Paul Trible, Jr., James…

Article discusses the feasibility of marriage counseling as an insurance benefit in the future. It is suggested that the physician be used as a marriage counselor in that insurance companies will pay for medical services. (EK)

Colleges and universities are facing difficult choices as insurance companies cancel coverage or demand premium increases of up to 800 percent. The current crisis is blamed on the way the industry has been managed. Financial managers, rather than underwriters, took over the industry. (MLW)

Describes the New York School Insurance Reciprocal (NYSIR) wherein 280 school districts in New York insure one another against property damage and injury. NYSIR member districts pay considerably less in premiums than they would pay through standard insurance companies. (PKP)

This article presents a two-period asymmetric learning model of insurance markets. When information about past accidents is not shared by insurers, asymmetries of information develop through time. Equilibrium contracts exist, are payoff unique, and display a realistic bonus-malus pattern. Eliminating asymmetries through information sharing is…

Accreditation and public safety are vital issues for colleges, but rarely do they put the two together. The International Association of Campus Law Enforcement Administrators is trying to change that. The group, known as Iaclea, started accrediting colleges' police and public-safety departments last year, holding them to a strict set of standards.…

The quality of life is a relatively new concept, which is continually changing and for which there is not yet a wholly satisfactory definition. The quality of life involves human, social-economic and health characteristics. The manifold nature of the quality of life led to the development of various patterns for measuring it. The quality of life…

The great changes in social security laws which have taken place in the United States since World War II and the likelihood that others will take place in the future make it important to understand what effects these changes have on the rest of the economy. This study, adapted from the author's 1967 dissertation at the University of Michigan,…

Ten suggestions are given for administering an institutional insurance program and coping with recent changes in the insurance market due to increasing premiums and more limited coverage options. (MSE)