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Risk Management




Bryan K. Heckle

Richard Bolyard
Loss Control and Claims Specialist

Employee Dishonesty and Computer Fraud

The State maintains a blanket crime policy covering Employee Dishonesty and Computer Fraud. This policy covers all state agencies and universities* and pays for loss of, and from damage to, covered property (money, securities, and property other than money and securities). Sometimes this policy is referred to as the Master Honesty Bond.

Employee Dishonesty means dishonest acts committed by employees with the manifest intent to cause the State to sustain loss and also to obtain financial benefit for the employee or any person or organization intended by the employee to receive a benefit. Covered property for employee dishonesty coverage must be under the direct control of your agency.

Computer Fraud is the theft of property following and directly related to the use of any computer to fraudulently cause a transfer of that property from inside the premises or banking premises to a person (other than a messenger) outside those premises or to a place outside those premises.

In the event of loss, the insurance company must be notified as soon as possible, but not later than 30 days after discovery of loss. Claims under this policy should be reported to Karen Kerr at the North Carolina Association of Insurance Agents, Inc. at 919-863-6525 or Bryan Heckle at the Department of Insurance at 919-647-0059.

Following are the limits and deductibles for this crime policy:


Employee Dishonesty - $5,000,000

Computer Fraud - $5,000,000


Insurance company pays 90% of each loss less a $100,000 deductible.

* This blanket policy does not apply to North Carolina State University.