Crime Policy Issues

1. Crime Policy Issues

2. Insurance & Risk Management Seminar

3. Insurance & Risk Management Seminar Crime Policy: • Covers : I: Employee Dishonesty II: Loss Inside Premises III: Loss Outside Premises IV: Depositors Forgery V: Money Orders & Counterfeit Currency

4. Insurance & Risk Management Seminar Crime Policy: Limit Deductible Employee Dishonesty $100,000 $20,000 Loss Inside Premises 50,000 * 5,000 Loss Outside Premises 100,000 * 5,000 Depositors Forgery 50,000 5,000 Money Orders & Counterfeit Currency 50,000 5,000 * Increased 3 to 5 fold during registration periods

5. Insurance & Risk Management Seminar Crime Policy: • Must report loss of property to CEP and ERM • Audit will be conducted along with possible criminal investigation • Materiality of loss will determine insurance applicability • Two (2) claims in past 10 years

6. Insurance & Risk Management Seminar Crime Policy: • Whistle blowing: Those who disclose information about something they believe to be harmful to the public's interest, occurring in business or in government • New Brunswick only province with WB legislation • Important for organization to protect WB’ers • Reporting of misappropriation encouraged

7. Crime Policy Issues