RE: insurance and assets

[Jeanne Drewes <drewes@xxxxxxxxxxxxxxxx>]

I have taught an insurance workshop for several years on the topic of
insurance and risk management issues for cultural institutions.  I have a
number of documents on my website that I use for that workshop which may be
of use as you review the literature.  

Jeanne Drewes
Assistant Director for Access & Preservation
Michigan State University Libraries
100 Library Room W-102C
East Lansing, MI 48824-1048

517 432 7486  FAX 517 432 3532
drewes@xxxxxxxxxxxxxxxx
http://www.lib.msu.edu/drewes


-----Original Message-----
From: Sarah Talley [mailto:stalley@xxxxxxxxxxxxxxx]
Sent: Wednesday, November 24, 1999 11:51 AM
To: padg@xxxxxxx; rwaller@xxxxxxxxxxxxx; ccooper@xxxxxxxx
Subject: insurance and assets


The Utah State Archives and Records Service is reviewing the way we have
listed our assets with our risk management division.  We would like to know
how other institutions/organizations calculate the worth of the records they
are responsible for.   We have both a records center and archival holdings.

- Are your figures based on replacement costs?  Recovery costs?  Value of
the information?  How did you arrive at those figures?
- Have you had individual items or collections or your entire holdings
appraised?
- If you have a records center, do you include insurance costs in any fees
you charge your customers?

Below is a list of titles I plan to review.  If you have any opinions on
their usefulness or can suggest anything that deals with records centers or
business records, that too would be a great help.

Thank you for any information you're able to give me.


Association of Research Libraries, Office of Management Services, Insuring 
     Library Collections and Buildings SPEC kit 178 Oct., 1991

Drewes, Jeanne. "Computers: Planning for Disaster." Law Library Journal 81
     (Winter 1989): 103-116.

Fortson, Judith. Disaster Planning and Recovery: A How-To-Do-It Manual 
     for Librarians and Archivists. How-To-Do-It Manuals for Libraries, No.
21. 
     New York: Neal-Schuman, 1992.

Inland Marine Underwriters Association. Libraries & Archives: An Overview 
     of Risk and Loss Prevention, 1993.

Seal, Robert A. "Insurance for Libraries: Part I" and "Insurance for
Libraries: 
     Part II." Conservation Administration News, nos. 19 (October 1984), pp.

     8-9 and no. 20 (January 1985), pp. 10-11, 26.

Thorpe, David. "Appraisals: A simple tool to protect you and your 'Bottom 
     Line'" Bottom Line vol 10 (l), 1997 pp. 11-15.


Sarah Talley
Preservation Archivist
Utah State Archives & Records Service
P.O. Box 141021
Salt Lake City, Utah  84114-1021
phone:  801-538-3186
fax:  801-538-3354
e-mail:  stalley@xxxxxxxxxxxxxxx

Visit our website -- http://www.archives.state.ut.us