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An Act To Allow Schools in the State To Self-insure for Fire, Property and Theft Insurance
Be it enacted by the People of the State of Maine as follows:
Sec. 1. 5 MRSA §1737, sub-§4,  as amended by PL 2003, c. 20, Pt. OO, §2 and affected by §4 and amended by c. 114, §2, is further amended to read:
 
4. Directed services.   Notwithstanding the provisions of subsection 2, the director may provide insurance advice or services for family foster homes as defined in Title 22, section 8101, subsection 3; specialized children's homes, as defined in Title 22, section 8101, subsection 5; respite care providers as defined in Title 34-B, section 6201, subsection 2-A; the Casco Bay Island Transit District created by Private and Special Law 1981, chapter 22; the University of Maine System; the Maine Community College System; the Maine Maritime Academy; elementary and secondary schools in the State; and the State's local workforce investment areas designated under the federal Workforce Investment Act of 1998, Public Law 105-220.
Sec. 2. Department of Administrative and Financial Services, Risk Management Division to develop program for self-insurance. The Department of Administrative and Financial Services, Risk Management Division shall develop a program to self-insure elementary and secondary schools in the State for property, fire and theft liabilities pursuant to the Maine Revised Statutes, Title 5, section 1737, subsection 4. The program must indemnify the State for losses arising from property, fire and theft claims made against elementary and secondary schools that participate in the reserve fund beginning no later than January 1, 2008.
 
SUMMARY
This bill directs the Department of Administrative and Financial Services, Risk Management Division to develop a program to self-insure elementary and secondary schools in the State for property, fire and theft losses beginning no later than January 1, 2008.