Nevada_Executive_Budget_2013-2015

ADMINISTRATION - INSURANCE & LOSS PREVENTION
715-1352
PROGRAM DESCRIPTION
The Risk Management Division provides insurance, claims, safety, loss prevention and risk management consultation services to state agencies and employees. The division's statutory
authority is found in NRS 331.182 through 331.188. The required services and programs of the division are described in NRS 616A through 617 inclusive, 618.375, 618.383, 618.385 and
618.395.
BASE
This request continues funding for seven employees and associated operating costs. One-time expenditures have been removed and partial year expenditures have been annualized.
2012-2013 2013-2014 2013-2014 2014-2015 2014-2015
2011-2012 WORK AGENCY GOVERNOR AGENCY GOVERNOR
ACTUAL PROGRAM REQUEST RECOMMENDS REQUEST RECOMMENDS
RESOURCES:
BALANCE FORWARD FROM PREVIOUS YEAR 17,770,974 12,650,641 9,115,545 9,115,545 8,268,947 6,674,371
BALANCE FORWARD TO NEW YEAR -12,650,640 0 0 0 0 0
INSURANCE RECOVERIES 2,544 9,388 9,388 2,543 9,388 2,543
PRIOR YEAR REFUNDS 12,319 0 12,319 12,319 12,319 12,319
MISC INSURANCE PREMIUMS 94,550 132,337 94,550 94,550 94,550 94,550
AVIATION INSURANCE 71,180 95,526 71,180 71,180 71,180 74,739
AUTO PHYSICAL DAMAGE INSURANCE 268,582 265,222 268,582 268,582 268,582 268,582
PROPERTY AND CONTENTS INSURANCE 1,053,732 943,252 1,053,732 942,815 1,053,732 943,252
EXCESS LIABILITY INSURANCE 440,000 475,769 440,000 484,000 440,000 484,000
INSURANCE PREMIUMS 13,770,028 12,150,000 18,768,712 17,500,000 18,768,712 20,000,000
INSURANCE PREMIUMS 49,243 48,929 49,243 49,243 49,243 49,243
INTEREST INCOME 0 138,718 0 0 0 0
REIMBURSEMENT OF EXPENSES 113,319 52,398 112,519 113,319 112,519 113,319
TOTAL RESOURCES:
EXPENDITURES:
20,995,831 26,962,180 29,995,770 28,654,096 29,149,172 28,716,918
PERSONNEL 486,654 571,333 554,664 554,664 566,501 566,501
OUT-OF-STATE TRAVEL 0 1,713 1,886 1,886 1,886 1,886
IN-STATE TRAVEL 2,498 3,237 2,498 2,498 2,498 2,498
OPERATING EXPENSES 45,052 46,592 47,220 44,272 47,220 44,583
INSURANCE PREMIUMS 1,759,098 1,890,808 1,877,876 1,860,447 2,016,166 2,007,857
LOSS PREVENTION 6,720 8,872 1,980 700 1,980 700
CONTRACT CONSULTANTS 0 10,500 0 0 0 0
AUTO COMP/COLL CLAIMS 274,374 401,285 316,272 312,500 316,272 312,500
PROPERTY/FIDELITY CLAIMS 388,174 493,368 450,000 366,615 450,000 366,615
INS PREMIUM WORKERS COMP 16,786,222 13,056,499 17,253,482 17,596,192 17,253,482 16,961,236
CONT CLAIMS REPS/CONSULT 27,063 60,000 43,000 63,000 43,000 63,000
WORKERS' COMP HEART LUNG CANCER 1,097,723 1,150,000 1,052,123 1,052,123 1,052,123 1,052,123
INFORMATION SERVICES 14,511 21,771 12,492 12,492 12,492 12,492
DEPARTMENT OF ADMINISTRATION ADMIN - 219
ADMIN - RISK MANAGEMENT DIVISION