Current through codified legislation effective September 18, 2024
Section 1-307.82 - Establishment of the Captive Insurance Agency(a) There is established, as a subordinate agency, the Captive Insurance Agency.(b) The purpose of the Agency is to: (1) Provide medical malpractice liability insurance policies for health centers, including coverage for the staff, contractors, and volunteer service providers for the services provided at the health centers; and(2) Procure real property insurance for District real property assets, personal property insurance for District personal property assets, liability insurance to protect the District against loss arising out of a legal liability to others, and such other insurance policies as the Risk Officer determines necessary to minimize risk of loss to the District.(c) The liability of the Agency for medical malpractice liability, property insurance policies, and any other policies provided for pursuant to this part shall be limited to the funds in the Captive Trust Fund and the Medical Captive Insurance Claims Reserve Fund.July 18, 2008, D.C. Law 17-196, § 3, 55 DCR 6261; Dec. 24, 2013, D.C. Law 20-61, § 1032(b), 60 DCR 12472; Oct. 8, 2016, D.C. Law 21-160, § 1032(a), 63 DCR 10775; July 3, 2018, D.C. Law 22-123, § 2(b), 65 DCR 5088; Sept. 11, 2019, D.C. Law 23-16, § 1002(a), 66 DCR 8621.Applicability of D.C. Law 20-61: Section 11001 of D.C. Law 20-61 provided that, except as otherwise provided, the act shall apply as of October 1, 2013.