State Agency Risk Report 111704 - PowerPoint PPT Presentation

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State Agency Risk Report 111704

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Do not report excluded items on the State Agency Risk Report. Optional Coverages ... Optional coverages. Boiler & Machinery/Equipment Breakdown. Coverage ... – PowerPoint PPT presentation

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Title: State Agency Risk Report 111704


1
State AgencyRisk Report11/17/04
2
ORS 278.011
  • State agencies shall supply information
  • Personal Property
  • Real Property
  • Personnel
  • Budget
  • Other activities

3
Risk Report Basics
  • Personal Property
  • Real Property
  • Optional Coverages
  • Boilers Machinery/Equipment Breakdown
  • Personnel

4
Agency Responsibilities
  • Maintain documentation
  • Rationale for responses
  • Who supplied the information?
  • Inventory records

5
Property Self-Insurance Policy Manual
  • Definitions
  • Exclusions
  • Optional Coverage
  • Conditions for Payment

6
Definitions
  • Actual Cash Value (ACV)
  • Market Value
  • Replacement Value

7
Exclusions
  • Do not report excluded items on the State Agency
    Risk Report

8
Optional Coverages
  • You must report if you want coverage

9
Conditions for Payment
  • Estimated Cost of
  • All owned property
  • Borrowed, rented or leased property
  • Optional coverages

10
Boiler Machinery/Equipment Breakdown
  • Coverage applies to each agency
  • Power generating equipment
  • Report new locations within 120 days

11
Other Stuff!
  • Questions on the State Agency Risk Report change
    from year to year
  • We rely on you!
  • Web based Risk Report

12
Questions???
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