Programs receive FM Global grants

By Michael Souza
PBN Staff Writer

JOHNSTON – Two university risk management programs are the latest recipients of Spencer Educational Foundation Loss Prevention Education Grants funded by FM Global.

The Center for Insurance Studies at California State University Fullerton and Old Dominion University in Norfolk, Virginia, will both receive $50,000 to develop course curricula that enhances their students’ understanding of the value of loss prevention within the realm of risk management. Previous grant recipients include Ball State University, the University of Hartford and Virginia Commonwealth University.

In 2008, FM Global contributed $525,000 to the Spencer Educational Foundation, the largest gift in the foundation’s history.

The company, one of the world’s largest commercial property insurers, has its corporate office in Johnston, R.I.