6500 Policy – Risk Management

Bellingham Public Schools believes the district must identify and measure risks of loss due to the damage or destruction of district property or to claims against the district by others claiming to have been harmed by the action or inaction of the district, its officers, or staff. A risk management program will be implemented to reduce or eliminate risks where possible, to determine which risks the district can afford to assume and to transfer to an insurance company those risks which the district does not wish to assume or cannot economically afford to assume.

Such a program shall consider the benefits, if any, of joining with other units of local government for joint purchasing of insurance, joint self-funding, joint self-insuring, or joint employment of a risk manager. The assistant superintendent of finance and operations will have primary responsibility for administration and supervision of the risk management program.  The district will make available to claimants its standard tort claim form.

The district will purchase and pay for surety bonds for the superintendent, assistant superintendent for finance and operations, auditing officer, and such other staff and in such amounts as the district will from time to time determine to be necessary for honest performance of the staff in the conduct of the district’s financial operations, unless this bonding requirement is satisfied through the district’s commercial/general liability insurance policy.

Approved By: Greg Baker
Adopted/Previous Revisions: 02/09/12; 01/31/16; 06/27/16
Updated: 10/14/19
Superintendent or Board Approved: Superintendent Approved
Cross References: Content

Policy 6801 – Capital Assets/Theft Sensitive Assets

Legal References: Content

RCW 4.96.020 Tortious conduct of local governmental entities and their agents – Claims – Presentment and filing – Contents

RCW 28A.320.060 Officers, employees or agents of school districts or educational service districts, insurance to protect and hold personally harmless

RCW 28A.320.100 Actions against officers, employees or agents of school districts and educational service districts — Defense, costs, fees — Payment of obligation

RCW 28A.330.100(10) Additional powers of board

RCW 28A.400.350 Liability, life, health, health care, accident, disability and salary insurance authorized — When required— Premiums

RCW 28A.400.360 Liability insurance for officials and employees authorized

RCW 28A.400.370 Mandatory insurance protection for employees

RCW Chapter 48.62 RCW Local government insurance transactions

Management Resources: Content

2010 – April Issue