| In this study, the Arizona public universities (Arizona State University, Northern Arizona University, and University of Arizona) were examined for their respective risk management programs. Results of this research provided the Senior Vice Presidents, Provosts, General Counsel, Vice Presidents of Administration, and Vice Presidents of Student Services with a basis to compare their respective institution's accidental losses in the areas of liability, property, and workers' compensation.; The data base for this research study comprised the five fiscal years (1996–2000) of risk management loss history maintained by the Arizona Department of Administration, Risk Management Section. The data base includes the liability, property, and workers' compensation programs for the three universities, which are presented in tabular and graphical representations in this study. The pattern of losses aggregated over the five-year period for each university are examined, with variations across years explained in terms of known changes in risk management policies. Variations in loss totals among the universities are compared, attributing differences to known factors in risk management policies at each institution.; Findings revealed that the highest loss type is general liability in the liability program, personal property in the property program, and time lost in workers' compensation. For general liability, Arizona State University had the highest frequency standardized at 44% (416 claims) and the University of Arizona had the highest severity standardized at 57% ({dollar}7,353,452). For personal property, University of Arizona had both the highest frequency standardized at 45% (592 claims) and severity standardized at 59% ({dollar}1,569,213). For time loss, University of Arizona had both the highest frequency standardized at 50% (607 claims) and severity standardized at 55% ({dollar}7,342,012). |
