§ 34-18-17-4 — Powers and duties of risk manager

In the administration and provision for
malpractice liability insurance by the authority, the risk manager shall
do the following:
(1) Obey all Indiana statutes and rules that apply to insurance
described in IC 27-1-5-1, Class 2(h).
(2) Prepare and file appropriate forms with the department of
insurance.
(3) Prepare and file premium rates with the department of
insurance.
(4) Perform the underwriting function.
(5) Dispose of all claims and litigations arising out of insurance
policies.
(6) Maintain adequate books and records.
(7) File an annual financial statement regarding its operations
under this chapter with the department of insurance on forms
prescribed by the commissioner.
(8) Obtain private reinsurance for the authority, if necessary.
(9) Prepare and file for approval of the commissioner a schedule
of agent's compensation.
(10) Prepare and file a plan of operations with the commissioner
for approval.
[Pre-1998 Recodification Citation: 27-12-17-4.]

Legislative History

As added by P.L.1-1998, SEC.13.