Specifications include, but are not limited to: A commercially available multi-line risk management information system (RMIS). To provide effective loss control services, the Insurance Coverage Office uses its current RMIS to track incidents, claims, and lawsuits in the following lines of coverage: Liability, Automobile, Property, Aircraft, Bond, Marine, and Police Professional Liability. There is an average of 1,799 claims and/or lawsuits filed against the State and state employees each year. Incident reporting numbers average 2,785 per year. The Insurance Coverage Office currently uses its RMIS to generate loss reports to include: Monthly reports of agency specific claims for the current fiscal year as well as that agency’s other open claims and lawsuits. Loss data for our actuary to use to determine state’s outstanding liability. Inquiries by administration or legislators. Data reports for internal and external benchmarking processes. Financial Recognition Reports Triangle Reports Statute of Limitation Reports
