20062006Office of Risk Office of Risk ManagementManagement

Regional ConferenceRegional Conference

Offi ce of Risk Management 2006 Regional Confer ence

8:00-8:30 Registration and Coffee/Pastries 8:30-9:00 Introduction

9:05 – 10:35

Claims Handling: Workers Compensation Claims Handling: Automobile Liability, Automobile Physical Damage

AND Claims Handling: Property, Bonds, Crime

10:40-11:55

Attorney General’s Office Exposure Reporting 11:55-1:15 Lunch on your own 1:15-2:30

Claims Handling: Commercial General Liability, Personal Injury, Medical Malpractice Loss Prevention

2:35 – 3:50

Hurricane Losses: Risk Management & FEMA (Q&A Panel)

The Office of Risk Management

ORM Statute

LA R.S. 39:1535

Administrative Code

www.state.la.us/osr/lac/books.htm

Title 37, Insurance

Amended May 2004

Compiled September 2004

ORM WEBSITE

www.doa.louisiana.gov/orm

AffiliationsSTRIMA NSCNSC

PRIMA LABI AGANIGP IRMI

PIA of LA NAAGFOA IIA of LA

RIMS ISO

Office of Risk Management

Lines of Coverage

Description of Coverages

www.doa.louisiana.gov/orm/Uwcov.htm

Catalog of Insurance

Coverages and Services

Commercial General Liability

Public “Slip & Fall” Policy Coverage for bodily injury and property

damage Broad coverage with specific exclusions No deductible

Personal Injury & Advertising Liability

Part of CGL Covers non-bodily injury liabilities

– False arrest– Wrongful entry or eviction– Libel– Slander

Medical Malpractice

Coverage for negligent acts of State medical professionals

No deductible

Road & Bridge HazardDOTD ONLY

Coverage for claims involving poorly designed or repaired roads

No deductible

Automobile Liability &Physical Damage

Liability– Automatic coverage– Primary BI & PD coverage for all State

vehicles– No deductible

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

Aviation & Airport

All aircraft must be reported! Non—owned aircraft exposures Airport Hangarkeepers Liability

Coverage Available Deductibles

– $1,000 Hull– No deductible Liability

Wet Marine

All watercraft over 26 feet must be reported!

Deductibles– $1,000 Hull– No deductible P&I

Workers’ Compensation

Statutory & Maritime Medical payments and weekly

compensation payments for injured employees

Worldwide coverage Volunteers eligible for medical

payments only No deductible

Miscellaneous Tort

Excess coverage above liability policy limits

Coverage for claims not included in any other policy

No deductible

Bond

Covers theft by employees S/I $500,000 $1,000 deductible Includes:

– Property manager– Notary– Postal bond– Public official

Crime

Covers robbery and safe burglary Employees not covered here S/I $2,000,000 $1,000 deductible

Property

Building structures Office equipment Fine arts Animals Mobile equipment Boats under 26 feet and motors $1,000 deductible

Builder’s Risk

Covers

- structures during construction

- materials/supplies on & off site Protects state agency & contractor July 1, 2004 Self-Insured $1,000/$5,000 deductible Ceased accepting new projects

January 1, 2006

Boiler & Machinery

Property coverage S/I $50,000 any one accident Excess $15 M Business income / extra expense $1,000 deductible – 1st party property

damage