Arkansas Code § 23-61-605

Risk manager - Appointment - Authority
Open in Lexace · Ask the AI about this section
(a) (1) The Administrator of the Risk Management Division will be appointed by the Insurance Commissioner. (2) The risk manager shall be knowledgeable and experienced in risk management techniques. (b) The risk manager shall have the authority to: (1) Establish standardized specifications for insurance coverage of all state agencies; (2) Determine all specifications for insurance coverage of state agencies; (3) Assist and advise state agencies in the procurement of insurance coverage; (4) Establish a system for reporting insured or uninsured losses incurred by state agencies and purchases of insurance by state agencies within guidelines established by the risk manager; (5) Develop and promote programs to control losses and encourage safety; and (6) Perform any other function of risk management as directed by the commissioner. Acts 1981, No. 272, §§ 4, 5; A.S.A. 1947, §§ 66-5704, 66-5705.
(a) (1) The Administrator of the Risk Management Division will be appointed by the Insurance Commissioner. (2) The risk manager shall be knowledgeable and experienced in risk management techniques. (b) The risk manager shall have the authority to: (1) Establish standardized specifications for insurance coverage of all state agencies; (2) Determine all specifications for insurance coverage of state agencies; (3) Assist and advise state agencies in the procurement of insurance coverage; (4) Establish a system for reporting insured or uninsured losses incurred by state agencies and purchases of insurance by state agencies within guidelines established by the risk manager; (5) Develop and promote programs to control losses and encourage safety; and (6) Perform any other function of risk management as directed by the commissioner. Acts 1981, No. 272, §§ 4, 5; A.S.A. 1947, §§ 66-5704, 66-5705.
(a) (1) The Administrator of the Risk Management Division will be appointed by the Insurance Commissioner. (2) The risk manager shall be knowledgeable and experienced in risk management techniques. (b) The risk manager shall have the authority to: (1) Establish standardized specifications for insurance coverage of all state agencies; (2) Determine all specifications for insurance coverage of state agencies; (3) Assist and advise state agencies in the procurement of insurance coverage; (4) Establish a system for reporting insured or uninsured losses incurred by state agencies and purchases of insurance by state agencies within guidelines established by the risk manager; (5) Develop and promote programs to control losses and encourage safety; and (6) Perform any other function of risk management as directed by the commissioner. Acts 1981, No. 272, §§ 4, 5; A.S.A. 1947, §§ 66-5704, 66-5705.
(a) (1) The Administrator of the Risk Management Division will be appointed by the Insurance Commissioner. (2) The risk manager shall be knowledgeable and experienced in risk management techniques.
(1) The Administrator of the Risk Management Division will be appointed by the Insurance Commissioner.
(2) The risk manager shall be knowledgeable and experienced in risk management techniques.
(b) The risk manager shall have the authority to: (1) Establish standardized specifications for insurance coverage of all state agencies; (2) Determine all specifications for insurance coverage of state agencies; (3) Assist and advise state agencies in the procurement of insurance coverage; (4) Establish a system for reporting insured or uninsured losses incurred by state agencies and purchases of insurance by state agencies within guidelines established by the risk manager; (5) Develop and promote programs to control losses and encourage safety; and (6) Perform any other function of risk management as directed by the commissioner.
(1) Establish standardized specifications for insurance coverage of all state agencies;
(2) Determine all specifications for insurance coverage of state agencies;
(3) Assist and advise state agencies in the procurement of insurance coverage;
(4) Establish a system for reporting insured or uninsured losses incurred by state agencies and purchases of insurance by state agencies within guidelines established by the risk manager;
(5) Develop and promote programs to control losses and encourage safety; and
(6) Perform any other function of risk management as directed by the commissioner.
Acts 1981, No. 272, §§ 4, 5; A.S.A. 1947, §§ 66-5704, 66-5705.

‹ Prev All Arkansas sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.