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23-61-605. Risk manager — Appointment — Authority.
Arkansas Code — all titles (historical 2020) · legal_authorities
23-61-605. Risk manager — Appointment — Authority.
(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.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 23-61-605
Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. A text match is a research starting point; applicability is not established.
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Record provenance
Stable record: arkansas_code:legal_authorities:23-61-605
Source file: gov.ar.code.title.23.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 39dbaae653c53d4d7ad317182924814e4765af3fd423c012595a7e5bd3e085bc
Source location: content.xml paragraph 28460
Stored source content
23-61-605. Risk manager — Appointment — Authority.
(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.
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