Policy No.6500

Management Support

RISK MANAGEMENT

The board believes the district must identify and measure risks of loss due to the damage or destruction of district property or to claims against the district by others claiming to have been harmed by the action or inaction of the district, its officers or staff.  The Superintendent will implement a program to reduce or eliminate risks where possible, to determine which risks the district can afford to assume and to transfer to an insurance company those risks which the district does not wish to assume or cannot economically afford to assume. Such a program shall consider the benefits, if any, of joining with other units of local government for joint purchasing of insurance, joint self-funding, joint self-insuring or joint employment of a risk manager. The superintendent will assume the primary responsibility for the administration and supervision of the risk management program to a single person. The board shall review the status of the risk management program each year as presented to the board. The district will make available to claimants its standard tort claim form.

The district shall purchase and pay for surety bonds for the superintendent, business manager and such other staff and in such amounts as the board shall from time to time determine to be necessary for honest performance of the staff in the conduct of the district's financial operations. Such bonds may include a deductible proviso not to exceed two percent of the employee's annual salary.

Legal References:       
        RCW  4.96.020                Tortious conduct of local governmental entities and their agents 
                                                         — Claims — Presentment and filing — Contents
         28A.400.350                     Liability, life, health, health care, accident, disability 
                                                         and salary insurance authorized — Premiums
         28A.400.360                     Liability insurance for officials and employees authorized
         28A.400.370                     Mandatory insurance protection for employees
         28A.320.100                     Actions against officers, employees or agents of school districts
                                                          and educational service districts — Defense, costs, 
                                                          fees — Payment of obligation
         28A.320.060                     Officers, employees or agents of school districts or educational 
                                                           service districts, insurance to protect and hold personally harmless
         28A.330.100(10)               Additional powers of board
         48.62                                 Local government insurance transactions

Management Resources: 
         Policy News, April 2010     Tort Claims

CURLEW SCHOOL DISTRICT #50

Revised Date: 4.09