INSURANCE & RISK MANAGEMENT AT FLORIDA A&M UNIVERSITY
Florida A&M University (FAMU), on behalf of the FAMU Board of Trustees, is a public owned facility operating under statutes, rules and guidelines set forth by the Florida State Legislature and the Florida State Board of Education.
Being a part of the State University System, liability coverage for faculty, staff, volunteers and agents is provided by the State Risk Management Trust Fund. This coverage is pursuant to Chapter 284 Part II & Section 768.28 Florida Statutes and any rules promulgated there under.
The following is coverage available pursuant to the State Risk Management Trust Fund:
Court Awarded Attorney Fees
Federal Civil Rights Liability & Employment Discrimination
General Liability / Professional Liability
State Employee Workers’ Compensation & Employer’s Liability
Property Coverage (Fixed and Contents):
The State Risk Management Trust Fund also provides coverage for fixed property and contents on an Actual Cash Value basis for property owned or leased by FAMU.
The University has numerous Commercial Insurance Policies to provide coverage for losses not covered under our statutory protections.
Please note: The University cannot amend its statutory coverage and list any party as additional insured.
We also serve as the Risk Management Coordinator for the State Risk Management Trust Fund and the Florida Department of Management Services. In this capacity we are responsible for:
1. Investigation of tort claims and litigation against FAMU
2. Coordinating the purchase of all property and casualty insurance coverage for FAMU and
3. Educating employees, students and visitors in compliance, safety and loss prevention measures.
Employee and Student Responsibility
FAMU is subject to numerous risk inherent in a large comprehensive educational institution. Therefore, the success of our risk management program requires active participation and support from all faculty, staff and students.
Contact the Risk Management Section with questions or concerns regarding insurance and risk management at FAMU.