The Florida Legislature
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Office of Program Policy Analysis and Government Accountability

The State’s Risk Management Program Could Be Authorized to Do More to Protect Florida’s Assets, Report No. 04-49, July 2004
 
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  • The State of Florida delivers a broad range of services and has a large workforce, which exposes it to the risk of financial loss through property damage, employee injuries, and alleged negligent or improper acts of state employees.
  • Given the high cost of settling property, workers’ compensation and liability claims, which approached $140 million in Fiscal Year 2002-03 in addition to an unfunded long-term liability of over $1 billion, the state needs to make every effort to control losses.
  • Florida’s Division of Risk Management is performing well in its primary function of processing claims.  However, a risk management program, by definition, involves more than processing claims once losses have occurred.  Florida could be more proactive in protecting its assets by helping high risk agencies take adequate steps to prevent losses and contain costs.

Which Government Program Summaries contain related information?

State Property and Casualty Claims

What other OPPAGA-related materials are available?

  • Report No. 06-32 Division of Risk Management Performs Well, But Additional Steps Could Be Taken to Reduce Losses and Contain Costs, published in March 2006.
  • Report No. 03-65 Information Brief: State’s Property Insurance Program Balances Risk and Cost of Insurance, published in December 2003.

Copies of this report in print or alternate accessible format may be obtained by telephone (850/488-0021), by FAX (850/487-9213), in person, or by mail (OPPAGA Report Production, Claude Pepper Building, Room 312, 111 W. Madison St., Tallahassee, FL 32399-1475).
e-mail address: oppaga@oppaga.fl.gov


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