USF’s $1 Million Insurance Gift Is More Exciting Than It Sounds—and Florida Desperately Needs It
I realize that “university receives money to expand insurance program” is not a sentence engineered to make anyone spill coffee on themselves. It lacks the natural electricity of a political scandal, a celebrity divorce, or a video of an alligator wandering into a Florida convenience store as though it has finally decided to run for office. Insurance does not arrive wearing sequins. Risk management rarely trends on social media. Nobody has ever interrupted Thanksgiving dinner to announce that they have developed a passionate interest in surplus lines regulation. That is precisely why this story deserves more attention. The University of South Florida has received a $1 million gift from the Florida Surplus Lines Service Office, or FSLSO, to strengthen the Baldwin Group School of Risk Management and Insurance within the Muma College of Business. The money will establish the Florida Surplus Lines Insurance Directorship and help expand coursework, industry engagement, and hands-on learning...