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Insurance and Risk Management

Hot Topics

Sep 1, 2023

Hot Topic: Property Insurance Premiums 2023

Update: 2023 Property Insurance Premium Property Premiums 2023 IRM will send Property Premiums out in the next few weeks, you all should have them by mid-September. They will be sent out to the Major Division/College Finance Leads. Apologies for the delays, there has been some turnover in our office and with the Department of Insurance.…

Apr 28, 2023

Hot Topic: Distracted Driving Awareness

Distracted Driving Awareness Month   April is Distracted Driving Awareness Month Distracted Driving is one of the leading causes of traffic accidents. Distracted driving is any activity that diverts attention from driving including talking or texting on the phone, eating and drinking, talking to people in the vehicle, adjusting the stereo, entertainment or navigation system,…

Mar 30, 2023

Hot Topic – March

Trailers and Insurance Coverage     Trailers and Insurance Coverage State-owned trailers are required to have liability coverage. Liability provides coverage whether the trailer is free standing or being pulled by a vehicle or piece of equipment. Departments determine whether to add comprehensive and/or collision coverage. There is no stipulation as to how a trailer…

Feb 28, 2023

Hot Topic – February

Renting A Vehicle     Rental vehicles are authorized for university business use only There is a Statewide Term Contract for renting vehicles through Enterprise or National Car Rental. This contract is a convenience contract for state departments and most state agencies, and for state higher education institutions. We realize you cannot always rent from…

Jan 31, 2023

Hot Topic – January

Winter Weather Risk Management Considerations   Happy New Year from the IRM Team! We are excited about 2023! The arctic blast over the Holiday break was a frigid start to the Winter season. We want to remind you of key winter weather risk management considerations. Know your employee classification, ensure others in your department are…

Nov 1, 2022

Hot Topic – November

Roadside Assistance       The State of North Carolina’s automobile insurance carrier, Travelers Insurance, does not provide roadside assistance. To learn more about NCSU Automobile Insurance visit the Insurance and Risk Management Website.   Vehicle Breakdowns   Breakdowns On Campus   NC State University’s Auto Shop is available for roadside assistance for breakdowns that happen…

Oct 1, 2022

Hot Topic – October

Property Insurance     All NC State owned buildings and contents across campuses and beyond are insured through the State Property Fire Insurance Fund which is managed by the NC Department of Insurance. Assets are insured for All Risk Special Form coverage and most buildings have a $5,000 deductible. Buildings and contents are insured on…