All leagues are at risk for theft and embezzlement
The article Crime Insurance Steps Up to Plate for Little Leagues as Thefts Rise details recent theft and embezzlement cases in Little League Baseball, Inc. Sadler Sports Insurance clients have experienced a similar uptick in Crime Insurance claims over the past several years. In the past, we blogged about risk management controls to reduce the possibility of crime claims but there is no substitute for Crime Insurance, which provides important protection at a very reasonable cost. For most sports organizations, a $25,000 limit if offered at a premium of $175.
Source: Insurance Journal, July 5, 2011
