24 C.F.R. § 1000.138
What constitutes adequate insurance?
Insurance is adequate if it is a purchased insurance policy from an insurance provider or a plan of self-insurance in an amount that will protect the financial stability of the recipient's IHBG program. Recipients may purchase the required insurance without regard to competitive selection procedures from nonprofit insurance entities which are owned and controlled by recipients and which have been approved by HUD.
Notes of Decisions
Cited in 2
cases (1 in the last 5 years), 2011–2022 · leading case: Amerind Risk Mgmt. v. Myrna Malaterre, 633 F.3d 680 (8th Cir. 2011).
Amerind Risk Mgmt. v. Myrna Malaterre, 633 F.3d 680 (8th Cir. 2011). “7, 2006) ("AMERIND continues to administer the approved self-insurance plan for properties funded under NAHASDA, pursuant to 24 CFR 1000.138."). Because Amerind is a § 477 corporation that administers a tribal self-insurance risk pool, we hold that Amerind "serves as an arm of…”
Tasso v. Lucky Star Casino, 2022 OK CIV APP 15 (Okla. Civ. App. 2022). “7, 2006) "AMERIND continues to administer the approved self-insurance plan for properties funded under NAHASDA, pursuant to 24 CFR 1000.138."). Because Amerind is a § 477 corporation that administers a tribal self-insurance risk pool, we hold that Amerind "serves as an arm of…”
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