office of risk management annual conference 2010 office of risk management regional conference
TRANSCRIPT
Office of Risk Management Annual Conference
2010Office of Risk Management
Regional Conference
Office of Risk Management Annual Conference
Office of Risk Management Annual Conference
The Office of Risk Management
Office of Risk Management Annual Conference
ORM Statute
LA R.S. 39:1535
Office of Risk Management Annual Conference
Administrative Code
http://doa.louisiana.gov/osr/lac/books.htm
Title 37, Insurance
Compiled December 2009
Office of Risk Management Annual Conference
ORM WEBSITEwww.doa.louisiana.gov/orm
Office of Risk Management Annual Conference
Affiliations PRIMA LABI IRMI PIA OF LA ISO
RIMS STRIMA
NSC AGA NIGP GFOA IIA OF LA NAA
Office of Risk Management Annual Conference
Office of Risk Management
Insurance Coverages
Office of Risk Management Annual Conference
Description of Coverages
www.doa.louisiana.gov/orm/Uwcov.htm
Catalog of Insurance
Coverages and Services
Office of Risk Management Annual Conference
Commercial General Liability Public “Slip & Fall” Policy Coverage for bodily injury and property damage Broad coverage with specific exclusions No deductible
Office of Risk Management Annual Conference
Personal Injury & Advertising Liability
Part of CGL Covers non-bodily injury liabilities
False arrest Wrongful entry or eviction Libel Slander
Office of Risk Management Annual Conference
Publishers Media Liability Covers non bodily injury claims Arising out of the broadcasting and publication of
media Broadcasting of TV, motion pictures, radio, etc. Publication of newspapers, magazines, books,
music, websites, etc.
No deductible
Office of Risk Management Annual Conference
Medical Malpractice Coverage for negligent acts of State medical
professionals No deductible
Office of Risk Management Annual Conference
Automobile Liability &Physical Damage
Liability Automatic coverage Primary BI & PD coverage for all State vehicles No deductible
Office of Risk Management Annual Conference
Automobile Liability &Physical Damage cont.
Physical Damage Coverage for State-owned or leased vehicles only Reimbursement of deductible on personal vehicles
used on State business Deductibles:
$1,000 Comprehensive $1,000 Collision
Office of Risk Management Annual Conference
Automobile Liability &Physical Damage cont.
Enterprise Motor Pool Contract Enterprise pays physical damage claims Enterprise pays liability claims up to $1,000,000
Office of Risk Management Annual Conference
Aviation & Airport
All aircraft must be reported! Non-owned aircraft exposures Airport Hangarkeepers Liability Coverage
Available Deductibles
$1,000 Hull No deductible Liability
Office of Risk Management Annual Conference
Wet Marine All watercraft over 26 feet must be reported! Deductibles
$1,000 Hull No deductible P&I
Office of Risk Management Annual Conference
Workers’ Compensation Statutory & Maritime Medical payments and weekly compensation
payments for injured employees Worldwide coverage Volunteers eligible for medical payments only No deductible
Office of Risk Management Annual Conference
Bond Covers theft by employees Includes:
Property manager Notary Postal bond Public official
$1,000 deductible
Office of Risk Management Annual Conference
Crime
Covers robbery and safe burglary by non state employees
Employee theft not covered here $1,000 deductible
Office of Risk Management Annual Conference
Property
Building structures Office equipment Fine arts Animals Mobile equipment Boats 26 feet and under and motors $1,000 deductible for all perils excluding flood $5,000 deductible for Flood
Office of Risk Management Annual Conference
Equipment Breakdown Coverage(Boiler & Machinery)
Property damage to boilers and related equipment
Business income / extra expense $1,000 deductible for 1st party property damage No deductible for liability claims
Office of Risk Management Annual Conference
Bridge Property Damage Property damage to bridges Business income / extra expense Scheduled bridges only
Leeville-Fourchon Bridge
$1,000 deductible