The Risk Management Division addresses the State's exposure to tort liability and administers a single workers compensation account for State workers. The activities and policies of the Division are described in the Risk Management Manual.
The Division maintains an online reporting system for agencies to report incidents that may potentially give rise to tort liability exposure or workers compensation claims as well as an online training management system for State employees.
The Division provides loss control services, facilitates criminal background checks for individuals having access to certain financial or personal information on the PeopleSoft System and assists with insurance needs for State workers traveling abroad on official business. The Division maintains a Publication Library with forms, sample policies and publications available for use by State agencies. In addition, agencies may request a Certificate of Financial Responsibility online on the Division website.
The Risk Management Fund and Risk Management Workers Compensation Fund are funded through actuarially determined contributions and premium assessments. Agencies that adopt and follow proactive measures for reducing claims may apply for an discounts to their contributions and assessments.