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Insurance Program Summary PREMIUM SUMMARY DIRECTORS & OFFICERS-EMPLOYMENT PRACTICE-EDUCATORS LEGAL LIABILITY
InsurerBest RatingRSUIExpiringA+ XIVRSUIRenewalA+ XIV
Shared Limits$2,000,000$2,000,000
SIR:D&OEPL$150,000$250,000$150,000$250,000
Premium$84,370$92,460
Premiums do not include taxes, other than the 3% Kentucky surplus lines tax on non-admitted insurers.
Reminder-as the current coverage is on a Claims Made & Reported form, any claims/demands or situations likely to give rise to a claim should be reported to RSUI no later than 6-30-22.
Expiring Exposures: Renewal Exposures:
Total Employees: 690 FTE Total Employees: 714 FTE
Number of Students: Number of Students:
Full Time - 743 Full Time-not provided
Part Time - 137 Part Time-not provided
Assets - $136,067,033 (2020) Assets -2021-unknown-audit not completed
Revenues-$70,865,041 (2020) Revenues -2021-unknown-audit not completed
Benchmarks:
premium was $57,687 with $100,000 deductible and $1,000,000 limits in 2003
$153,970 in paid loss during the 2004/2005 period.
Claim frequency by recent policy years:
2021/2022 4 open
2020/2021 2 open-including class action D&O suit; 1 closed
2019/2020 4-with 2 closed
2018/2019 16-2 open
2017/2018 15-2 open-$198,954
2015/2016 7-all closed-$175,000 paid loss
2014/2015 4-with 3 open-$12,479 paid loss
2013/2014 5-all closed-$236,654 paid loss
2012/2013 9-all closed-$320,155 paid loss
2016/2017 3-2 open
2011/2012 2-all closed
2010/2011 5-all closed