Powers and duties of risk manager
Sec. 4. 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.
As added by P.L.1-1998, SEC.13.
Last modified: May 24, 2006