On July 1, 2019, the State Office of Risk Management welcomed Shelly Milvo as a new insurance manager for SORM’s statewide insurance program in the Enterprise Risk Department. Ms. Milvo will have direct assignments to specific agencies in support of all insurance lines and efforts to respond to partner needs. She will report directly to […]
Who Should Consider Fine Art Coverage? Fine art pieces and collections are located at universities and colleges, state archives, museums, and within agency offices. While these items could be covered under an agency’s property insurance policy, many of these items qualify as “fine art,” and can be covered under a separate policy that is designed […]
Frequently Asked Questions Authorized Drivers list: Are drivers who are not scheduled on the Authorized Drivers List covered under the State Sponsored Automobile Insurance program? Yes, all agency drivers are covered while driving in the course and scope of employment. However, each agency should make sure to schedule all employees who are required to travel […]
The Application Process Name Change Application Change in State Employment for Bond Exempt Notaries Notary Educational Materials For More Information Overview As of Sept. 1, 2002, state employees designated by a state agency to be a notary public are no longer required to purchase a notary bond (H.B. 1203). All other notary regulations must be […]
Chapter 1803 of the Texas Insurance Code requires insurance companies, or other entities authorized by the Texas Department of Insurance to sell insurance contracts or bonds to state agencies and institutions of higher education, to report intended insurance sales to the State Office of Risk Management, not later than 30 days prior to the intended […]
Download the SORM-201 form here. Instructions for Completing the SORM-201 Chapter 412.051 of the Labor Code, titled “Duties of State Agencies; Insurance Reporting Requirements”, requires state agencies to report intended insurance purchases to SORM, not later than 30 days prior to the scheduled date of purchase. To comply with this statute, SORM adopted TAC rule 252.307 which requires client agencies […]
It doesn’t happen often, but when it does, the results can be serious… a volunteer is injured, injures someone else, or damages someone’s property while performing his or her volunteer duties. Volunteers provide a valuable service to the citizens of Texas by giving their time and talent. Let them know how much you value their […]
Your agency faces natural and man-made exposures that could cause catastrophic physical damage to your property, resulting in substantial repair and reconstruction costs and can also result in loss of revenue or a disruption of your agency’s ability to provide services. The Statewide Property Insurance Program is designed to provide State Agencies the ability to […]
The Directors and Officers/Public Officials Liability Insurance Program provides protection for financial loss as a result of a claim alleging a wrongful act, error or omission, etc. in the executive/management level of an agency. It also provides coverage for Employment Practices Liability Insurance (EPLI) for claims brought by employees or potential employees alleging a wrongful […]
Builder’s risk insurance provides protection against natural or man-made property damage to facilities during the course of construction or renovation. For example, if a fire destroys an office building while under construction, builder’s risk insurance pays to rebuild the structure. Some property policies may contain coverage for builder’s risk exposures; however, a property policy may […]