§ 4300.62. Insurance.
(a) The Department will participate in the cost of insurance premiums to protect against casualty losses, theft losses and liability.
(b) The Department will participate in the cost of insurance to protect against casualty losses. Casualty losses are damage to or the destruction of property resulting from an identifiable event of a sudden, unexpected or unusual nature. Examples of events include a storm, hurricane, tornado, flood, fire, earthquake and vandalism.
(c) The Department will participate in the cost of burglary insurance. Burglary insurance protects against losses from theft not involving employes. For thefts by employes or corporate officers, the Department will participate in the cost of fidelity bonds as identified in § 4300.54 (relating to bonding).
(d) The Department will participate in the cost of liability insurance to cover claims arising out of official duties and to protect items which are used in the performance of this duty.
Cross References This section cited in 55 Pa. Code § 4300.41 (relating to applicability).
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