Texas Workers' Compensation Commission state risk management interim report.

Abstract

The State Risk Management Division works with certain state agencies to identify workers' compensation, property and liability risks' to reduce losses. The risk management process' saves the state money by protecting state resources. These resources include 149,862 state employees, $2.5 billion in capital investments in buildings and $1.6 billion in fixed assets. The Division collects information on state agency management of workers' compensation, property and liability risks. The Division tracks information on claims brought against the state, losses paid, and methods to reduce risks and losses. The Division reviews state agency risk management programs. A written report is provided to each agency, including findings and recommendations. Each agency reviewed is required to submit an action plan in response to the findings in the report. The Division monitors implementation of the plan and provides assistance to the agency as necessary.