4 AAC 31.205 - Self-insurance programs

An authorized self-insurance program is one that the department annually determines adequately protects the public's investment in a school district's facilities. In rendering its determination, the department will consider annually at least the following factors for each school district applying for approval of a self-insurance program:

(1) cash reserves and dedicated funding;
(2) loss history;
(3) individual loss retention;
(4) excess property coverage;
(5) age and condition of facilities;
(6) the current undepreciated replacement cost of the facilities; and
(7) risk management or loss prevention programs conducted by the municipality or school district.

Notes

4 AAC 31.205
Eff. 8/31/90, Register 115; am 4/17/98, Register 146

Authority:AS 14.03.150

AS 14.07.060

State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.


No prior version found.