Following receipt and review of comments from the governing body of the affected participating local government, the following parties are authorized to make compromises or settlements of claims not covered by insurance in the following amounts:
(a) Local government up to its retention amount;
(b) A claims adjuster employed by the division or under contract with the division is authorized to settle claims for an amount not to exceed five thousand dollars ($5,000.00);
(c) The risk manager is authorized to settle claims for an amount not to exceed twenty thousand dollars ($20,000.00);
(d) The risk manager, after consultation with the attorney general, is authorized to settle claims for an amount not to exceed fifty thousand dollars ($50,000.00);
(e) The governor is authorized to settle claims for any amount if the action arises under federal law. The governor is authorized to settle claims brought under the Wyoming Governmental Claims Act for any amount not to exceed the maximum liability limits under the Wyoming Governmental Claims Act.
(f) The risk manager has the final decision in settling claims beyond retention amount, provided he first consults with the Local Government and subject to limits set forth in W.S. 1-42-107(c).
(g) The Risk Manager and the State have no liability, and no cause of action exists against either the Risk Manager or the State, for failure to settle a claim.
006-8 Wyo. Code R. § 8-3