Answer

State agencies are required to report to the Office of Risk Management (ORM) all property (immovable or movable), including buildings and vehicles, that are owned or leased by the state agency as part of the State's Self-Insurance Program. This reporting is then used to establish the premium charged to the agency under the State Self-Insurance Program. The following statutes and promulgated rules address the insurance of state-owned buildings: · R.S. 39:1535, sets forth the Commissioner and ORM's responsibilities under the State's Self-Insurance Program; · R.S. 39:1543 and R.S. 39:1544, provide for ORM's Risk Analysis and Loss Prevention Program and the duty for state agencies to report information to ORM; · Section 101 and 901 of Title 37, Part I of the Louisiana Administrative Code further set forth the duties of State agencies to report property (including buildings) owned or leased to ORM; and The ORM Exposure Reporting Manual posted on the ORM website provides additional information on the reporting requirements for State agencies under the State Self-Insurance Program. Louisiana Legislative Auditor website: 04/25/2025 08:39:33 PM