Louisiana Administrative Code › Title 37 - INSURANCE › Part I - Insurance and Related Matter › Subpart 1 - Insurance and Related Matters › Chapter 1 - Underwriting › Section I-101 - Underwriting

Current through Register Vol. 50, No. 6, June 20, 2024
A. All coverages
				  which are self-insured by the Office of Risk Management are mandatory for all
				  Louisiana state departments, agencies, boards, and commissions.
B. If any department, agency, board, or
				  commission requires or wishes to procure any insurance coverages which are not
				  written through the Louisiana Self Insurance Program, request is to be made to
				  the Office of Risk Management to procure said coverage. It is the
				  responsibility of the department, agency, board, or commission to provide the
				  underwriting information required to procure or underwrite the risk.
C. All leases for real and movable property
				  (including vehicles) which are entered into by any state department, agency,
				  board, or commission are to be forwarded to the Office of Risk Management for
				  review in compliance of insurance requirements.
D. All inquiries regarding interpretation of
				  insurance coverages are to be addressed to the underwriting unit and are to be
				  in a written form.
E. Boiler and
				  machinery equipment at new locations are to be reported to the underwriting
				  unit.
F. Builder's risk projects
				  are to be reported to the underwriting unit when the construction contract has
				  been awarded or the "Notice to Proceed" has been issued.
G. All newly constructed state-owned
				  buildings are to be reported to the underwriting unit upon
				  acceptance/completion.
H. All newly
				  acquired state-owned aircraft are to be reported to the underwriting unit
				  immediately but in no event more than 30 days after acquisition. All newly
				  leased or borrowed aircraft are to be reported to the underwriting unit
				  immediately but in no event more than 30 days after possession or
				  lease.
I. Any newly acquired,
				  constructed, leased, or borrowed airport or heliport facilities are to be
				  reported to the underwriting unit before coverage will be effective.
J. All newly acquired state-owned marine
				  vessels which are over 26 feet in length are to be reported to the underwriting
				  unit immediately but in no event more than 30 days after acquisition. All newly
				  leased or borrowed marine vessels which are over 26 feet in length are to be
				  reported to the underwriting unit immediately but in no event more than 30 days
				  after possession or lease.
K.
				  Applications for new crime policies are to be submitted to the underwriting
				  unit. Coverage does not become effective until the insurance company has
				  accepted the new risk.
L. All
				  departments, agencies, boards, and commissions are to provide the name,
				  address, telephone number, and job title of the following:
1. the department, agency, board, or
				  commission head;
2. the person(s)
				  to receive insurance premium billings;
3. the safety coordinator or person(s)
				  responsible for loss prevention matters;
4. the person(s) responsible for handling and
				  disposition of claims matters;
5.
				  the person(s) responsible for reporting exposure information.