The Large Loss Report 2019 summarizes major damage awards and settlements of more than $250,000 that affected schools, colleges, and universities in 2018. The most frequent and costliest cases involved sexual abuse claims, many of which had multimillion-dollar settlements in the wake of the #MeToo movement. Educational institutions can use this report to assess their risk management practices and insurance coverage.
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Universities have faced sexual predator scandals involving scores of victims, and some leaders were uninformed. Presidents and trustees can safeguard their communities by asking key questions and following these suggestions for creating a culture of prevention and reporting.
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This Insights blog provides institutions with an overview of the draft proposed Title IX regulations released by the U.S. Department of Education, along with recommended steps institutions can take toward compliance between now and final implementation.
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