31A-12 - State Risk Management Fund

Title 31A > 31A-12

Sections (5)

31A-12-101 - Definitions.

As used in this chapter: 31A-12-101(1) “Risk Management Fund” means the fund created under Section 63A-4-201. 31A-12-101(2) “Risk manager” means the person appointed under Section 63A-4-101.5.

31A-12-103 - Rates charged to school districts.

The rates charged to school districts for policies issued under Section 63A-4-204 are not subject to Chapter 19a, Utah Rate Regulation Act , except for the filing requirement of Subsection 31A-19a-203(1) and the public availability requirement of Section 31A-19a-204 . Rate filing fees under Section 31A-3-103 shall be paid to the department by the Risk Management Fund.

31A-12-104 - Insurance policies issued to school districts.

Insurance policies issued by the Risk Management Fund to school districts under Section 63A-4-204 shall conform to Chapter 21, Insurance Contracts in General , and Chapter 22, Contracts in Specific Lines . Policy forms issued to the school district shall be filed under Section 31A-21-201 . The policy form filing fees of Section 31A-3-103 shall be paid to the Insurance Department by the Risk Management Fund.

31A-12-105 - Claim settlements with school districts.

Chapter 26, Insurance Adjusters , applies to the Risk Management Fund with respect to the settlement of insurance claims made by school districts against this fund.

31A-12-107 - Governmental immunity.

Notwithstanding any other provision of this title, a governmental entity is not an insurer for purposes of this title and is not engaged in the business of insurance to the extent that it is: 31A-12-107(1) covering its own liabilities under Title 63G, Chapter 7, Governmental Immunity Act of Utah; or 31A-12-107(2) engaging in other related risk management activities related to the normal course of its activities.