Board discusses property program participation, possible statutory changes and fleet-inspection concerns
Board debated voluntary vs. mandatory participation in SORM’s property program, options to create a central self-insurance retention, and concerns about vehicle inspections after state law changes; staff outlined advisory councils and best-practice guidance.
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Board members discussed options to increase participation in SORM’s property program and the limits of the agency’s current voluntary model. Staff said other states use mandatory programs and the lack of a central fund limits SORM’s ability to hold self-insured retention without statutory authorization.
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