Risk Management & Tort Defense

Agency and university losses stem from a variety of causes, but typically fall into five broad categories:

1. Damage to Property - Physical damage to aircraft, boilers & machinery, buildings, vehicles, and other state property.
2. Liability to Others - Legal liability to others arising from negligent acts or omissions.
3. Loss of Income or Increased Costs - Loss of revenue from income producing operations.
4. Worker's Compensation Claims - Employee accidents and injuries.
5. Enterprise Risks - Enterprise Risk Management (ERM) is a new and emerging discipline in risk management that is gradually being assimilated and adopted in the culture of some public and private entities. An enterprise risk is an activity or event that prevents an organization from achieving its objectives. An organization may fail to reach its objectives through failure to manage its finances through economic boom or recession, failure to take advantage of strategic opportunities, damage to its reputation, and unexpected political events either at home or abroad, to name a few. For additional information about ERM, please click here.

Through effective loss control programs, state agencies and universities can reduce the underlying risk factors that often precede claims or losses; thus saving tax dollars and other resources.

For additional information about our services, please visit our loss control home page at https://rmtd.mt.gov/safetylosscontrol. Please contact our Loss Control Staff for additional information.