State Agencies. If the Grantee is an Agency of the State of Iowa and is self-insured for liability, in general, the Grantee does not purchase commercial liability insurance since certain statutory protections are provided under Chapter 669 of the Code of Iowa. Chapter 669 authorizes claims against the State of Iowa on account of wrongful death, personal injury or property damage incurred by reason of the negligence of the Agency or its employees. The Grantee participates with the other State Departments or Regents Institutions in a self-insurance pool for purposes of vehicular liability on owned and rented vehicles. Claims up to $250,000 are paid from the self-insurance pool. Claims exceeding $250,000 are processed through the Tort Claims process, in accordance with Chapter 669 of the Code of Iowa.
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Sources: Americorps Grant Agreement, Americorps Grant Agreement, Americorps Grant Agreement