When a college's reputation is damaged, it can adversely affect student recruitment, alumni donations and even federal funding, experts say. Awareness of educational institution reputational risks has been rekindled as Penn State faces unlimited legal liability in civil litigation. While reputational risks have been a major concern for school risk managers for several years, “I think the awareness of reputation risk is certainly heightened” since the Penn State scandal, said Ellen Shew Holland, director of risk management at the University of Denver in Denver. Read more at:
http://www.businessinsurance.com/article/20120101/NEWS06/301019983?tags=|338|75|302
Recent Comments