Regulations: Reimbursement for Third-Party Claims

1000.01 Third Party Claims - A third-party claim may be submitted to the Board either in the form of a final judgment or a settlement, or request for settlement.

1000.02 Initial Application - Within one hundred twenty (120) days from the entry of final judgment, a responsible party shall submit an initial application for reimbursement to the Review Board. The initial application for reimbursement shall be referred to the Department for a finding of eligibility as pursuant to Part 1100.

1000.03 Claims

a) Final Judgment - When a claim is submitted to the Board in the form of a final judgment, the Review Board shall determine what costs of said judgment are relative to bodily injury and property damage upon recommendation of the staff.

b) Settlement - When a claim is submitted to the Board with a request for settlement or settlement, said request shall be submitted to the staff for review under a policy and procedure adopted by the staff. Final approval of claims and policies and procedures shall be by the Board. The policy will be placed on file at the U.S.T. Review Board office.