James Favor, CRM, CIC, James R. Favor & Company LLC Like a time bomb, unknown adverse contractual liability risk transfer exposures represent an increasing and very significant cost exposure for fraternities and sororities.  Contracts and risk transfer are daily issues...

Sean Callan, Dinsmore& Shohl The Uniform Prudent Management of Institutional Funds Act ("UPMIFA") is a law that has been adopted, in one form or another, in all but eight states. Its provisions update and replace the Uniform Management of Institutional...

Tim Burke, Manley Burke, tburke@manleyburke.com Falls from high places continue to be an important risk management issue. In October of 2002, Katie Beetz was in attendance at a party at the Phi Delta Theta Chapter house in Columbia, Missouri.  While...

Tim Burke, Manley Burke, tburke@manleyburke.com On October 19, 2009, a lawsuit was filed in Philadelphia by the Administratrix of the Estate of Michael Arizmendi. The defendants in the suit include several fraternities and the Interfraternity Council and “Panhellia Council” and...

Tim Burke, Manley Burke, tburke@manleyburke.com On October 28, 2009, representatives of some 30 recognized fraternities at the University of California Berkeley were notified by the Director of Fraternity and Sorority Life that the Berkeley City Manager had received letters from...

Craig Moore, Armstrong Teasdale LLP, cmoore@armstrongteasdale.com It seems beyond question that the world of social networking has taken root in the Fraternity and sorority houses of North America.  Sites like Facebook, Twitter, MySpace and Linked-In, (among many others) provide socializing...