Administrative Regulation

AR3530

Business and Non-Instructional Operations

Risk Management/Insurance

The Superintendent or designee shall take action to:

1. Identify the risks inherent in the operation of District programs

2. Assess the above risks and keep records of accidents, losses and damage

3. Mitigate risks through loss control and safety-related activities

4. Determine the extent to which risks should be assumed by the District or covered by the purchase of insurance or pooling with other districts

Employees are expected to take reasonable precautions for the care and safety of the school equipment with which they have been entrusted. Employees may be held responsible for recurring damage or losses that occur due to their negligence or lack of supervision. Responsibilities related to safety and loss control shall be included in employee job descriptions.

Insurance

Insurance coverage shall include, but not be limited to:

1. Liability insurance (Education Code 35200-35214)

2. Fire insurance for buildings, equipment and vehicles (Education Code 39601)

3. Workers' compensation insurance (Labor Code 3700)

4. Fidelity bond insurance (Education Code 41021)

A suitable bond indemnifying the District against loss shall be purchased for employees responsible for handling District funds and may be purchased for employees responsible for handling District property. The District shall bear the cost of this bonding. (Education Code 41021)

Adopted: 9/10/97

Revised:

Related Policies & Exhibits:

BP 3530 Risk Management/Insurance