Office of Risk Management

Office of risk management

The Office of Risk Management administers the state’s risk management program and self-insurance fund. ORM is solely responsible for managing all state insurance coverage, both purchased and self-insured, for workers’ compensation, property, and casualty exposures. ORM is also responsible for managing all tort claims made against the state or any of its agencies, whether or not they are covered by the self-insurance fund.

At the designation of the Commissioner of Administration, ORM also serves as the State of Louisiana public facilities sub-recipient representative for Federal Emergency Management Agency (FEMA) Public Assistance Grants under Subpart G, Title 44 Code of Federal Regulations.

ORM contracts with a third party administrator to provide claims adjusting and loss prevention services, however ORM retains its authority to authorize and approve all claims negotiations and settlements.

ORM consults with its insured agencies on safety and loss control; provides for elevator inspections, jurisdictional boiler inspections, and testing of electrical equipment at state facilities; reviews agency contracts for insurance and indemnity clauses; issues certificates of insurance; and maintains valuations of state-owned property.