006-8 Wyo. Code R. §§ 8-3 - Settlement Authority
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.
Notes
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