Got an idea for a holiday? Send it to us

Submit Now

Public Risk Management Awareness Day – March 1, 2023

Public Risk Management Awareness Day is observed on March 1 every year in the U.S. The holiday aims to help raise awareness and promote education throughout communities by giving public risk management a platform. The platform is used as a springboard to create special activities, proclamations, and publications. Many people can learn more about public risk management, which is beneficial to the entire society. The holiday helps to encourage and support public risk management professionals who are responsible for implementing risk management frameworks to reduce, transfer, accept or mitigate those risks.

History of Public Risk Management Awareness Day

Public risk management professionals work for public entities, which have a unique set of inherent risks, whether a city, county, special district, school district, port authority or political subdivision. The public sector risk management is responsible for handling litigation/claims administration, safety programs, risk financing programs, and contractual risk transfer.

Public risk management professionals implement risk management frameworks to reduce, transfer, accept or mitigate those risks by performing a risk analysis, formulating treatments, and monitoring treatments/controls. They use these frameworks to support the strategic plan of entities and scan the environment for risks. It allows for fiscal stability, improved safety, decreased liability, and reduced reputation risk for the public entity. Even though their job is to support the strategic plan of public entities, these professionals are known for experiencing a variety of loss exposures within the diverse entities and communities they serve. They perform their job while facing political scrutiny, budget constraints, stakeholder expectations, and the entity’s risk appetite.

The holiday helps to deal with some of the issues these professionals face during service. Public Risk Management Awareness Day originated in Texas and spread to other parts of the U.S. over the years. It is an opportunity to create activities, proclamations, and publications commemorating public risk management professionals.

Public Risk Management Awareness Day timeline

1700s
The First Life Insurance Firm

The first actuaries work for the precursor of a modern life insurance company in England.

1950s
The Risk Management Alternatives

Other forms of risk management are used.

1950s — 1970s
The Insurance Alternatives

Risk managers begin to expand to alternatives to insurance.

1970s
The Derivatives are Used

Derivatives are used as risk management instruments as companies intensify their financial risk management

Public Risk Management Awareness Day FAQs

Is risk management studied?

Yes, it’s been studied for a long period. People have studied risk management since World War II.

How is insurance related to risk?

Risk management is associated with the use of market insurance to protect people from various losses.

Was market insurance costly?

During the 1950s, market insurance was considered to be very costly and incomplete for protection against pure risk.

How to Observe Public Risk Management Awareness Day

  1. Make a donation

    You can make a donation to a risk management organization. This will help make their jobs easier and prevent risks.

  2. Share the holiday

    You can share the holiday with your friends and family and help to spread awareness. You can do this easily by sharing it online or in person.

  3. Learn about risk management

    You can do some research on risk management. It’s always good to have information on how to stay safe.

5 Interesting Facts About Public Risk Management

  1. Professionals oversee risks

    Public risk management professionals oversee a unique set of risks.

  2. Risk management helps communities

    Public risk management helps to assess, minimize and combat anything that causes a possible loss, damage, or threat in a community.

  3. Public risk managers protect people

    People working for the community and those living in the community are safe and protected by public risk managers who assess potential risks in the community.

  4. Public risk managers help with public services

    Public risk managers are in charge of mitigating risks associated with public services, like fire protection, parks, public education, and transportation.

  5. These jobs are different

    Public risk managers do not all do the same job because every public entity comes with its own set of risks.

Why Public Risk Management Awareness Day is Important

  1. It raises awareness

    The holiday helps to raise awareness about public risk management. This awareness helps keep the public safe.

  2. It provides support

    Public risk management officials can receive support due to the efforts of the holiday. It makes their job easier.

  3. It promotes safety

    The efforts of the holiday help to boost the safety of people in the community. This minimizes the risks that they face.

Public Risk Management Awareness Day dates

YearDateDay
2023March 1Wednesday
2024March 1Friday
2025March 1Saturday
2026March 1Sunday
2027March 1Monday
Hearing Awareness Week
National Aplastic Anemia & MDS Awareness Week
National Ghostwriters Week
National Invest in Veterans Week
National Will Eisner Week
National Write a Letter of Appreciation Week
North Dakota Winter Show
Universal Human Beings Week
Asiatic Fleet Memorial Day
Baba Marta
Baby Sleep Day
Endometriosis Awareness Day
Independence Movement Day
International Ideas Month
International Martisor
International Women of Color Day
Lavity Stoutt's Birthday
Mărțișor
National Black Women in Jazz and the Arts Day
National Dadgum That's Good Day
National Fruit Compote Day
National Horse Protection Day
National Hotel Slipper Day
National March First Day
National Minnesota Day
National Peanut Butter Lover's Day
National Pig Day
National Sage Day
National Texas Stress Day
National Wedding Planning Day
National Welsh Corgi Day
Peace Corps Day
Plan a Solo Vacation Day
Public Risk Management Awareness Day
Refired Not Retired Day
Self-Injury Awareness Day
Share a Smile Day
St. David's Day
Stop Bad Service Day
World Civil Defense Day
World Compliment Day
World Music Therapy Day
World Seagrass Day
Yap Day
Zero Discrimination Day
Academy Awards Month
Adopt a Rescued Guinea Pig Month
Alport Syndrome Awareness Month
American Red Cross Month
Berries and Cherries Month
Bleeding Disorders Awareness Month
Brain Injury Awareness Month
Colic Awareness Month
Colorectal Cancer Education and Awareness Month
Deep Vein Thrombosis (DVT) Awareness Month
Dolphin Awareness Month
Employee Spirit Month
Endometriosis Month
Exotic Winter Fruit & Leeks and Green Onions Month
Expanding Girls' Horizons in Science and Engineering Month
Gardening, Nature and Ecology Books Month
Gender Equality Month
Greek-American Heritage Month
Honor Society Awareness Month
Humorists are Artists Month
International Mirth Month
Irish-American Heritage Month
Listening Awareness Month
Mad for Plaid Month
Malignant Hyperthermia Awareness and Training Month
March Madness
Marie Curie Great Daffodil Appeal
Mental Retardation Awareness Month
Middle Level Education Month
Multiple Sclerosis Awareness Month
National Athletic Training Month
National Bed Month (U.K.)
National Breast Implant Awareness Month
National Caffeine Awareness Month
National Celery Month
National Cerebral Palsy Awareness Month
National Cheerleading Safety Month
National Chronic Fatigue Syndrome Awareness Month
National Clean up Your IRS Act Month
National Color Therapy Month
National Colorectal Cancer Awareness Month
National Crafting Month
National Credit Education Month
National Crochet Month
National Developmental Disabilities Awareness Month
National Developmental Disabilities Awareness Month
National Endometriosis Awareness Month
National Essential Tremor Awareness Month
National Ethics Awareness Month
National Eye Donor Month
National Flour Month
National Frozen Food Month
National Kidney Month
National March Into Literacy Month
National Music in Our Schools Month
National Noodle Month
National Nutrition Month
National Optimism Month
National Peanut Month
National Professional Social Worker's Month
National Reading Month
National Sauce Month
National Social Work Month
National Umbrella Month
National Women's History Month
NZ Book Month
Play the Recorder Month
Poison Prevention Awareness Month
Read an E-Book Month
Red Cross Month
Save Your Vision Awareness Month
Sing With Your Child Month
Small Press Month
Spiritual Wellness Month
Supply Management Month
The Great Daffodil Appeal
Trisomy Awareness Month
Vascular Anomalies Awareness Month
Veggie Month
Women’s Month (Philippines)
Workplace Eye Wellness Month
Youth Art Month

Want to sponsor this holiday?

Holidays Straight to Your Inbox

Every day is a holiday!
Receive fresh holidays directly to your inbox.